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P••••• C•••••• M••••••••• L••

Debt real estate managerSEC-registered adviserunder $1B· Dallas, Texas

Debt real estate manager, based in Dallas, Texas, reporting $50.0M of real estate gross assets across 1 vehicle.

Composed from this manager's Form ADV filings and classification.

Real estate GAV
$50.0M
Form ADV, Schedule D, real estate vehicles summed
Current vehicles
1
Form ADV, Schedule D 7.B.(1)
As of · the latest Form ADV filing; property activity carries its own dates

Nothing material in the last 365 days. No dated change on record yet.

Identifiers, size band and strategyCRD 281448 · SEC 801-113467Show
CRD 281448SEC 801-113467under $1BDebtForm ADV
What capital do they manage?
Real estate GAV
$50M GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
Vehicles
1 current, 3 ever, 1 dropped0 feeders, 0 funds of funds
How the GAV is measured, and the filing detailShow
First on the tape
2016the extract starts in 2011; an earlier history is not visible
Latest filing
Mar 19, 2024registered adviser
Adviser RAUM
$389Mthe whole adviser, all strategies; used for the quarantine test only
Fund types on the latest filing
Real Estate Fund 1
Latest vintage
2021from a fund name year or the first ADV report after the adviser's first filing
What do they say they do?
stated by the manager
Strategy
Debt
Operator model
Debt managerbasis: stated
Property types
not stated
Markets
United States, Nationwide (29 States)basis: stated
Business kind (site)
Real estate manager
AUM in its own words
••• Lockedthe manager's statement, not a DFX figure
In the manager's own words4 quotesShow
  • Debt:We are an alternative investment firm specializing in US based Commercial Real Estate (CRE) bridge loans with an emphasis on the lower middle market.
  • Debt:P••••• C•••••• provides CRE Sponsors short-term private credit solutions, with an emphasis on originating and servicing loans in the $10 million to $30 million range, secured by the underlying real estate collateral in senior lien position.
  • United States:We are an alternative investment firm specializing in US based Commercial Real Estate (CRE) bridge loans with an emphasis on the lower middle market.
  • Nationwide (29 States):Lending activity in 29 States
Vehicles
3 on Form ADV
VehicleKindGAVOwnersReportedVintageLifecycleName saysLPs
P• A••• S•• 1• L•
805-6127735689
fund$50M GAV 202422020 to 20242020Harvesting
2 dropped, re-typed or historical vehicles
VehicleKindGAVOwnersReportedVintageLifecycleName saysLPs
P••••• C•••••• A•••• B•••• L•••••• F••• I• L•
805-9937211983
fund$268M GAV 202213402016* to 2022unknownMatureDebt
P••••• A•• I•• L•••
805-2659477833, dropped 2022
fund$0 GAV 202122021 to 20212021Dropped from ADV
What do they actually own?
0 trusted of 0 candidate bindings
No validated holdings yet. Candidate bindings stay off this page until their rule passes the blind-label gate.
What are they buying, selling and financing?
0 acquisitions, 0 sales, 0 financings in 12 months
No attributed events yet. An event reaches this page only through a validated holding binding.
Who finances them?
0 loans, 0 lender groups
No recorded loans through trusted holdings.
Who backs them?
0 allocators, 0 rows
No institutional LP disclosure resolved to this manager.
People
Form ADV Schedule A, latest filing
  • C••• A•••• J•••••• Ceo since 2014-08
  • J•••• B••••••• A•• Chief Compliance Officer since 2022-01
  • Z•••••• W•••••••• M••••• Ceo since 2023-06
What is changing?
  • Vehicle dropped from ADV Mar 30, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 23, 2021 (observed) ••• Locked
  • Vehicle first reported Mar 27, 2020 (observed) ••• Locked
  • Vehicle first reported Jan 7, 2016 (observed) ••• Locked
  • First ADV filing on the tape Jan 7, 2016 (observed) ••• Locked
Across DFX

Not yet on record: properties held, institutional LPs.