DFX Intelligence
Real Estate Fund Intelligence
The manager graph behind U.S. private real estate capital. Which vehicles a manager swears to, what each reports year by year, what the manager says it does, and, where the evidence holds, which owner entities, properties, loans, lenders and pensions stand behind it. GAV is gross asset value on a filing date, never fund size, and every manager-to-property link carries its evidence class.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
What capital do they manage?
- Real estate GAV
- $495M GAV 2024sum of GAV over non-feeder, non-quarantined real estate vehicles on the latest filing, including vehicles typed Other Private Fund and admitted on their name (a scale proxy, never fund size)
- GAV as filed
- $659Mfeeders and quarantined readings included
- Vehicles
- 22 current, 31 ever, 8 dropped0 feeders, 0 funds of funds
- First on the tape
- 2012the extract starts in 2011; an earlier history is not visible
- Latest filing
- Jul 22, 2024registered adviser
- Adviser RAUM
- $928Mthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- Real Estate Fund 29
- Latest vintage
- 2023from 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
- Multi-strategy
- Operator model
- Hybridbasis: stated
- Property types
- Industrial, Retail, Self storage, Multifamilybasis: stated
- Markets
- New Jersey, Northeast United Statesbasis: stated
- Business kind (site)
- REAL_ESTATE_MANAGER
In the manager’s own words
- Core: “Core-Value Add and Opportunistic/Risk.”
- Value add: “Core-Value Add and Opportunistic/Risk.”
- Opportunistic: “Core-Value Add and Opportunistic/Risk.”
- Development: “Merchant developer and strategic joint ventures”
- Industrial: “Focus on warehouse/ distribution”
- Retail: “Grocery necessities and service sector-based tenants”
- Self storage: “Acquire value add storage facilities”
- Multifamily: “Focus on transit oriented live/work/play”
- New Jersey: “Northern NJ Exit 12 North”
- Northeast United States: “Leverage multi generation relationships within Northeast Market”
Vehicles
31 on Form ADV
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|---|
| N••• W••• C••••• I••••••• I• L•• 805-1765876052 | fund | $132M GAV 2024 | 63 | 2018 to 2024 | 2018 | Mature | |||
| H•••••••• C••••••• Q•••••••• O••••••••• F••• L•• 805-3751385249 | fund | $111M GAV 2024 | 114 | 2019 to 2024 | 2019 | Investing | Opportunistic | ||
| H•• O••••• R••• M••••• L•• 805-8476206578 | fund | $42M GAV 2024 | 71 | 2018 to 2024 | 2018 | Harvesting | |||
| H•••••••• P••••••• F••• V••• L• 805-2107913507 | fund | $40M GAV 2024 | 32 | 2012* to 2024 | unknown | Winding down | |||
| H•••••••• A•••••••• M• U•••• R•••••• L•• 805-9110364590 | fund | $33M GAV 2024 | 20 | 2021 to 2024 | 2021 | Deploying | |||
| M•••••••• M•• L•• 805-5266271826 | fund | $27M GAV 2024 | 32 | 2018 to 2024 | 2018 | Mature | |||
| 2• S•••• S••••• L•• 805-7173745315 | fund | $21M GAV 2024 | 38 | 2019 to 2024 | 2019 | Mature | |||
| H•••••••• M•••••••• M• 2••• L•• 805-7930786935 | fund | $20M GAV 2024 | 49 | 2019 to 2024 | 2018 | Deploying | |||
| H•••••••• H• L•• 805-1554421941 | fund | $17M GAV 2024 | 42 | 2018 to 2024 | 2018 | Mature | |||
| H•••••••• P••••••• F••• V•• L• 805-2895155281 | fund | $13M GAV 2024 | 27 | 2020 to 2024 | 2020 | Harvesting | |||
| H•••••••• C••••••• Q•••••••• O••••••••• C•••••••• F••• L•• 805-3951582236 | co-investment | $9M GAV 2024 | 18 | 2022 to 2024 | 2022 | Deploying | Opportunistic | ||
| J•••••••• 2••• S••• S•••••• L•• 805-3983515708 | fund | $7M GAV 2024 | 16 | 2024 to 2024 | 2023 | Unknown | |||
| H•••••••• I••••••••• C•••••• L•• 805-3975523750 | fund | $7M GAV 2024 | 18 | 2022 to 2024 | 2022 | Investing | |||
| H•••••••• F••• W•••• L•• 805-8379806503 | fund | $6M GAV 2024 | 36 | 2019 to 2024 | 2019 | Harvesting | |||
| H•••••••• R••••• L•• 805-6832436419 | fund | $6M GAV 2024 | 16 | 2019 to 2024 | 2019 | Deploying | |||
| H•• C••••••••• I•••••••• L•• 805-3363425001 | fund | $1M GAV 2024 | 11 | 2022 to 2024 | 2022 | Harvesting | |||
| H•• C••••••••• I•••••••• L•• 805-4396206750 | fund | $1M GAV 2024 | 7 | 2022 to 2024 | 2022 | Harvesting | |||
| H••••••• S•••••• L•• 805-1389676848 | fund | $379,463 GAV 2024 | 24 | 2018 to 2024 | 2018 | Winding down | |||
| H•••••••• M•••• L•• 805-3541323445 | fund | $117,000 GAV 2024 | 28 | 2018 to 2024 | 2018 | Winding down | |||
| H•• O•••••• I•••••••• L•• 805-2299804302 | fund | $61,111 GAV 2024 | 7 | 2022 to 2024 | 2022 | Winding down | |||
| H•••••••• S••••••• S• D•• L•• 805-8412895264 | fund | $0 GAV 2024 | 34 | 2019 to 2024 | 2019 | Winding down | |||
| H•••••••• 2••• S••• S•••••• I••••••••• S••••• V• L•• 805-4390827429 | fund | $0 GAV 2024 | 68 | 2018 to 2024 | 2017 | Winding down |
9 dropped, re-typed or historical vehicles
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|---|
| T•• H•••••••• L••••• F••• L•• 805-6746569569, dropped 2024 | fund | $100M GAV 2023 | 48 | 2020 to 2023 | 2020 | Dropped from ADV | |||
| 1••• B•••• R••• 2••• U•••• R•••••• L•• 805-4673815280, dropped 2019 | fund | $22M GAV 2018 | 38 | 2018 to 2018 | 2016 | Dropped from ADV | |||
| H•••••••• P••••••• L•• 805-9809947282, dropped 2019 | fund | $6M GAV 2018 | 14 | 2018 to 2018 | 2018 | Dropped from ADV | |||
| H•••••••• J••••• C••• S••••••••• 805-8014770315, dropped 2023 | fund | $4M GAV 2022 | 28 | 2022 to 2022 | 2022 | Dropped from ADV | |||
| T•• S••• B••••• L•• 805-5199231019, dropped 2021 | fund | $199,292 GAV 2020 | 26 | 2018 to 2020 | 2018 | Dropped from ADV | |||
| W•••••••• G•••••• 2••• L•• 805-1423144474, dropped 2024 | fund | $0 GAV 2023 | 34 | 2018 to 2023 | 2015 | Dropped from ADV | |||
| H•••••••• S••••••••• L•• 805-5989470331, dropped 2024 | fund | $0 GAV 2023 | 52 | 2018 to 2023 | 2018 | Dropped from ADV | |||
| H•••••••• M••••••• L•• 805-4764332849, dropped 2024 | fund | $0 GAV 2023 | 40 | 2018 to 2023 | 2018 | Dropped from ADV | |||
| H•••••••• I••••••••• R•••••••• C••••• F••• 1• L•• 805-2529043601 | fund | $0 GAV 2023 | 9 | 2019 to 2023 | 2019 | Winding down | Debt |
What do they actually own?
1 trusted of 3 candidate bindings
| Owner entity | Vehicle | Properties held | Loans | Evidence |
|---|---|---|---|---|
| H•••••••• P••••••• F••• V•••• L••• NJ | H•••••••• P••••••• F••• V••• L• | 2 | 3 ($60.0M) | Corporate filing cmbs_annex_sponsor_named |
Properties the manager names on its site
- R••••, Jersey City, NJ (multifamily) “Milestone in transformation of west Jersey City with ribbon cutting for R••••”
What are they buying, selling and financing?
0 acquisitions, 0 sales, 0 financings in 12 months
- loan eventAug 28, 2018$10.0Mcmbs_trust175 Park Avenue, NJ through H•••••••• P••••••• F••• V•••• L••• with U•• C••••••••• M••••••• T•••• 2•••••••Securitised debt reporting sec.gov
- loan eventAug 24, 2018$35.0Mcmbs_trust175 PARK AVENUE, NJ through H•••••••• P••••••• F••• V•••• L••• with C• 2••••••• M••••••• T••••Securitised debt reporting sec.gov
- loan eventMay 31, 2018$15.0Mcmbs_trust175 PARK AVENUE, NJ through H•••••••• P••••••• F••• V•••• L••• with U•• C••••••••• M••••••• T•••• 2•••••••Securitised debt reporting sec.gov
Who finances them?
3 loans, 1 lender groups, next maturity May 6, 2028
- cmbs_trust steady3 loans, $60.0M, May 31, 2018 to Aug 28, 2018
Who backs them?
0 allocators, 0 rows
No institutional LP disclosure resolved to this manager.
People
Form ADV Schedule A, latest filing
- J•••• E• H••••• Chief Executive Officer since 2003-04
- M••• S• R•••• Chief Legal Officer since 2016-01
- B•••••• D••••• Chief Compliance Officer since 2020-06
- C•••••• M••••••• Interim Chief Financial Officer since 2024-05
What is changing?
- Vehicle first reported Mar 29, 2024 (observed) J•••••••• 2••• S••• S•••••• L•• first reported on Form ADV by H••••• L••, GAV $7,375,000
- Vehicle dropped from ADV Mar 29, 2024 (observed) T•• H•••••••• L••••• F••• L•• no longer reported on Form ADV by H••••• L••
- Vehicle dropped from ADV Mar 29, 2024 (observed) H•••••••• Waterford LLC no longer reported on Form ADV by H••••• L••
- Vehicle dropped from ADV Mar 29, 2024 (observed) HUH U.S. Real Estate Enhanced Core Fund II LP no longer reported on Form ADV by H••••• L••
- Vehicle dropped from ADV Mar 29, 2024 (observed) HUH U.S. Real Estate Income Fund LP no longer reported on Form ADV by H••••• L••
- Vehicle dropped from ADV Mar 29, 2024 (observed) H•••••••• S••••••••• L•• no longer reported on Form ADV by H••••• L••
- Vehicle dropped from ADV Mar 29, 2024 (observed) W•••••••• G•••••• 2••• L•• no longer reported on Form ADV by H••••• L••
- Vehicle dropped from ADV Mar 29, 2024 (observed) H•••••••• M••••••• L•• no longer reported on Form ADV by H••••• L••
- Vehicle dropped from ADV Mar 31, 2023 (observed) H•••••••• J••••• C••• S••••••••• no longer reported on Form ADV by H••••• L••
- Vehicle first reported Jun 30, 2022 (observed) H•••••••• I••••••••• C•••••• L•• first reported on Form ADV by H••••• L••, GAV $6,001,881
- Vehicle first reported Mar 31, 2022 (observed) H•••••••• C••••••• Q•••••••• O••••••••• C•••••••• F••• L•• first reported on Form ADV by H••••• L••, GAV $2,371,500
- Vehicle first reported Mar 31, 2022 (observed) H•••••••• J••••• C••• S••••••••• first reported on Form ADV by H••••• L••, GAV $3,729,047
- Vehicle first reported Mar 31, 2022 (observed) H•• C••••••••• I•••••••• L•• first reported on Form ADV by H••••• L••, GAV $1,563,435
- Vehicle first reported Mar 31, 2022 (observed) H•• O•••••• I•••••••• L•• first reported on Form ADV by H••••• L••, GAV $989,121
- Vehicle first reported Mar 31, 2022 (observed) H•• C••••••••• I•••••••• L•• first reported on Form ADV by H••••• L••, GAV $1,549,895
- Vehicle first reported Mar 30, 2021 (observed) H•••••••• A•••••••• M• U•••• R•••••• L•• first reported on Form ADV by H••••• L••, GAV $2,063,780
- Vehicle dropped from ADV Mar 30, 2021 (observed) H•••••••• River S••••• LLC no longer reported on Form ADV by H••••• L••
- Vehicle dropped from ADV Mar 30, 2021 (observed) T•• S••• B••••• L•• no longer reported on Form ADV by H••••• L••
- GAV reading quarantined Jun 19, 2020 (observed) HUH U.S. Real Estate Income Fund LP: 2020 gross asset value $323,620,839 quarantined (vehicle_gav_year_outlier)
- GAV reading quarantined Jun 19, 2020 (observed) HUH U.S. Real Estate Enhanced Core Fund II LP: 2020 gross asset value $186,835,071 quarantined (vehicle_gav_year_outlier)
- Vehicle first reported Mar 30, 2020 (observed) T•• H•••••••• L••••• F••• L•• first reported on Form ADV by H••••• L••, GAV $102,972,772
- Vehicle first reported Mar 30, 2020 (observed) H•••••••• River S••••• LLC first reported on Form ADV by H••••• L••, GAV $10,000
- Vehicle first reported Mar 30, 2020 (observed) H•••••••• P••••••• F••• V•• L• first reported on Form ADV by H••••• L••, GAV $61,122,457
- Vehicle first reported Dec 11, 2019 (observed) Aats Stores LLC first reported on Form ADV by H••••• L••, GAV $2,990,680
- Vehicle first reported Dec 11, 2019 (observed) H•••••••• Waterford LLC first reported on Form ADV by H••••• L••, GAV $4,406,014
- Vehicle first reported Dec 11, 2019 (observed) HLF 100 Commons Way LLC first reported on Form ADV by H••••• L••, GAV $4,122,252
- Vehicle first reported Dec 11, 2019 (observed) Main and Ward LLC first reported on Form ADV by H••••• L••, GAV $9,455,488
- GAV reading quarantined Dec 11, 2019 (observed) HUH U.S. Real Estate Enhanced Core Fund II LP: 2019 gross asset value $184,529,434 quarantined (vehicle_gav_year_outlier)
- GAV reading quarantined Dec 11, 2019 (observed) HUH U.S. Real Estate Income Fund LP: 2019 gross asset value $497,259,957 quarantined (vehicle_gav_year_outlier)
- Vehicle first reported Dec 11, 2019 (observed) H•••••••• Netcong LLC first reported on Form ADV by H••••• L••, GAV $2,050,000
Across DFX
Bridged by shared CRD, CIK or SEC fund id only; the same institution’s PE portfolio companies and its real estate holdings stay on their own graphs.