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J••••••••• L•••

Value add real estate managerSEC-registered adviser$5B to $25B· Atlanta, Georgia

Value add real estate manager, based in Atlanta, Georgia, reporting $6.2B of real estate gross assets across 15 vehicles.

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

Real estate GAV
$6.2B
Form ADV, Schedule D, real estate vehicles summed
Current vehicles
15
Form ADV, Schedule D 7.B.(1)
Properties held
8
Deeds, filings and the manager's own site, bound to its vehicles
Institutional LPs
1
Pension and endowment disclosures
As of · the latest Form ADV filing; property activity carries its own dates

Nothing material in the last 365 days. Last change: 19 Aug 2025, ••• Locked.

Identifiers, size band and strategyCRD 158207 · SEC 801-73319Show
CRD 158207SEC 801-73319$5B to $25BValue addForm ADV
What capital do they manage?
Real estate GAV
$6.2B 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)
Vehicles
15 current, 15 ever, 0 dropped2 feeders, 0 funds of funds
How the GAV is measured, and the filing detailShow
GAV as filed
$2.9Bfeeders and quarantined readings included
First on the tape
2012the extract starts in 2011; an earlier history is not visible
Latest filing
May 2, 2024registered adviser
Adviser RAUM
$7.1Bthe whole adviser, all strategies; used for the quarantine test only
Fund types on the latest filing
Real Estate Fund 10, Other Private Fund 6
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
Value add
Operator model
Hybridbasis: stated
Property types
Office, Retail, Multifamily, Mixed use, Landbasis: stated
Markets
United States, Europe, Latin America, Germany, Massachusetts, North Carolina, South Carolina, Washington, D.C. Metrobasis: stated
Business kind (site)
Real estate manager
In the manager's own words16 quotesShow
  • Value add:J•••••••• invests in properties across multiple product types including office, retail, and residential among others. Transforming spaces to add value is the goal that unites the properties and J•••••••• leverages a vertically integrated team of multidisciplinary professionals to accomplish this goal.
  • Multi-strategy:J•••••••• operates six investment vehicles: the Premier Property Fund, German Retail Funds, J•••••••• Invest, J•••••••• Latin America, J•••••••• Europe, and Timberland Funds.
  • Land:Timberland Funds
  • Office:J•••••••• invests in properties across multiple product types including office, retail, and residential among others.
  • Retail:J•••••••• invests in properties across multiple product types including office, retail, and residential among others.
  • Multifamily:P•••• C••• M••••• now combines 259 residential flats with approximately 550,000 square feet of Class A loft office space and 300,000 square feet of retail and restaurants
  • Mixed use:T•• I••••••••• a•• D••••• B••••••• (IDB) is a 1.4 million-square-foot mixed-use complex located in the I••••••••• District in Boston's Seaport neighborhood.
  • Land:Timberland Funds
  • United States:Acquisitions Inquiries - United States
  • Europe:Acquisitions Inquiries - Europe
  • Latin America:Latin America
  • Germany:German Retail Funds
  • Massachusetts:Massachusetts
  • North Carolina:North Carolina
  • South Carolina:South Carolina
  • Washington, D.C. Metro:Washington, D.C. Metro
Vehicles
15 on Form ADV
VehicleKindGAVOwnersReportedVintageLifecycleName saysLPs
J•••••••• P•••••• P••••••• F•••• L•••
805-2357209136
master$2.9B GAV 20241272012* to 2024unknownHarvesting1
J•••••••• 3• L••• • C••••••••• I••••••••• K•
805-1460022603
fund$893M GAV 202492552020 to 20242020Investing
J•••••••• 2• L•••• • C•• G••••••••• I••••••••• K•
805-7355755449
fund$530M GAV 202465982017 to 20242017Harvesting
J•••••••• 3• L••• • C•• G••••••••• I••••••••• K•
805-3543958505
fund$508M GAV 202496612017 to 20242017Harvesting
P•• C••••••••• L•••
805-9626657213
co-investment$271M GAV 202422022 to 20242022Investing
All 15 current vehicleslargest GAV first
VehicleKindGAVOwnersReportedVintageLifecycleName saysLPs
P•••• I•••••••• L•••
805-5735652199
fund$267M GAV 202412022 to 20242022Investing
J•••••••• T••••••••• F•••• L•••
805-2111189862
master$224M GAV 2024272019 to 20242019Deploying
J• I•• I••••••••• L•••
805-1534401495
fund$187M GAV 2024232022 to 20242022Investing
J•••••••• P•••••• P••••••• F••• ••••• Q•• L•••
805-2457409413
fund$108M GAV 202412012* to 2024unknownWinding down
O•••• I•••••••• L•••
805-4789800237
fund$101M GAV 202412023 to 20242023Investing
J•••••••• P•••••• P••••••• F••• •••••• F••••••• L•••
805-7896262070
feeder$86M GAV 202422013 to 20242013Harvesting
J•••••••• 3• L••• • C•• G••••••••• I••••••••• K•
805-4389710099
fund$77M GAV 202416802023 to 20242023Deploying
J•••••••• L•••• A•••••• F•••• L•••
805-1425656805
fund$66M GAV 202472017 to 20242017Harvesting
J•••••••• P•••••• P••••••• F••• •• F••••••• L•••
805-1803446416
feeder$41M GAV 202422014 to 20242014Harvesting
1•••• C••••••••• L•••
805-8477536202
co-investment$16M GAV 202422020 to 20242020Winding down
What do they actually own?
6 trusted of 14 candidate bindings
Owner entityVehicleProperties heldLoansEvidence
I•• 2•••• D•••••• L•••••• P•••••••••
MA, industrial/ mfg bldg
manager only1 assessed $164MAddress and agent
owner's tax-bill address is the manager's headquarters to the suite or floor
I•• 2•••• D•••••• L•••••• P•••••••••
MA, industrial/ mfg bldg
manager only1 assessed $164MManager disclosure
the manager's own website names the property, and the recorder shows this entity at that address today
J•••••••• I• D••••• P•••• L•
MA, pay parking lot, showroom
manager only2 assessed $110MName only
owner name opens with the manager's brand, no second signal
J••• 1• T•••••• L••
MA, office cls b+
manager only1 assessed $49.0MAddress and agent
owner's tax-bill address is the manager's headquarters to the suite or floor
J•••••••• T•••••• L•
FL, auto sales and service, stores one story
manager only2 assessed $4.7MAddress and agent
owner's tax-bill address is the manager's headquarters to the suite or floor
J•••••••• 8• L••••••• L•••
NY, multifamily
manager only12 ($225M)Name only
owner name opens with the manager's brand, no second signal
J•••••••• P•••••• O•• T•••• S••••• O•••• L•••
NY, retail
manager only13 ($290M)Name only
owner name opens with the manager's brand, no second signal
Properties the manager names on its site
  • P•••• C••• M•••••, 675 P•••• de Leon A••••• NE, Atlanta, GA (mixed_use) ••• Locked
  • T•• I••••••••• a•• D••••• B•••••••, 21 Drydock A•••••, Boston, MA (mixed_use) ••• Locked
  • C•••••• M•••••, 75 Ninth A•••••, New York, NY (mixed_use) ••• Locked
  • T•• N•••••• C•••••••••, Boston, MA (retail) ••• Locked
  • G•••••• M••••• B•••••••, New York, NY (office) ••• Locked
  • 1••• A••••• o• t•• A•••••••, 1••• A••••• o• t•• A•••••••, New York, NY (office) ••• Locked
  • 1•• E••••• A•••••, 1•• E••••• A•••••, New York, NY (office) ••• Locked
  • B••••••• T•••• C•••••, 801 S. B•••••••, Los Angeles, CA (mixed_use) ••• Locked
What are they buying, selling and financing?
0 acquisitions, 0 sales, 0 financings in 12 months
  • Loan modified or extendedAug 19, 2025$162MJPMorgan Chase
    1475 B•••••••, NY (retail) through J•••••••• P•••••• O•• T•••• S••••• O•••• L••• with J••••••• C•••• B•••• N••••••• A•••••••••
    Public records a836-acris.nyc.gov
  • Loan modified or extendedAug 19, 2025$88.7MJPMorgan Chase
    1475 B•••••••, NY (retail) through J•••••••• P•••••• O•• T•••• S••••• O•••• L••• with J••••••• C•••• B•••• N••••••• A•••••••••
    Public records a836-acris.nyc.gov
  • Loan modified or extendedAug 19, 2025$39.8MJPMorgan Chase
    1475 B•••••••, NY (retail) through J•••••••• P•••••• O•• T•••• S••••• O•••• L••• with J••••••• C•••• B•••• N••••••• A•••••••••
    Public records a836-acris.nyc.gov
  • Mortgage assignedJun 9, 2025$145MB••••••••• L•••••••••
    343 B•••••••, NY (multifamily) through J•••••••• 8• L••••••• L••• with B••••••••• L•••••••••
    Public records a836-acris.nyc.gov
  • Loan modified or extendedJun 9, 2025$80.0MN•• Y••• B•••••• L••••••••• B•••• W•••••••••
    343 B•••••••, NY (multifamily) through J•••••••• 8• L••••••• L••• with N•• Y••• B•••••• L••••••••• B•••• W•••••••••
    Public records a836-acris.nyc.gov
Full timeline · 6 events
  • AcquisitionJan 1, 2025$2.2M
    8201 N PINE ISLAND RD, Tamarac FL (stores one story) through J•••••••• T•••••• L•
    Public records floridarevenue.com
Who finances them?
5 loans, 3 lender groups
  • JPMorgan Chase new3 loans, $290M, Aug 19, 2025 to Aug 19, 2025
  • B••••••••• L••••••••• single1 loans, $145M, Jun 9, 2025 to Jun 9, 2025
  • N•• Y••• B•••••• L••••••••• B•••• W••••••••• single1 loans, $80.0M, Jun 9, 2025 to Jun 9, 2025
  • Dwf Vi 325 Hudson Lender single1 loans, $60.0M, Dec 23, 2025 to Dec 23, 2025
Who backs them?
1 allocators, 1 rows
  • N•• Y••• S•••• C••••• R••••••••• F••• in J•••••••• P•••••• P••••••• F••• exact_name$112M fair value, as of Mar 31, 2025 osc.ny.gov
People
Form ADV Schedule A, latest filing
  • M•••••• P••••••• Shareholder since 1993-03
  • M••• M••••• B••••••• Shareholder since 2016-12
  • S••••• L••• B•••• Chief Compliance Officer since 2021-03
  • A•••• E••••• M••••• G•••••• Counsel since 2023-01
  • C••••••••• A•••••••• K••• G•••••• Partner, Limited Partner since 2023-05
  • U•• M•••••••• K••• G•••••• Partner, Limited Partner since 2023-05
  • C••••••••• J••• K•••••• Member, Elected Manager since 2024-03
What is changing?
  • Vehicle first reported Mar 31, 2023 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2023 (observed) ••• Locked
  • Vehicle first reported Mar 30, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 30, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 30, 2022 (observed) ••• Locked
Full timeline · 16 events
  • Vehicle first reported Mar 26, 2020 (observed) ••• Locked
  • Vehicle first reported Mar 26, 2020 (observed) ••• Locked
  • Vehicle first reported Mar 28, 2019 (observed) ••• Locked
  • Vehicle first reported Mar 30, 2017 (observed) ••• Locked
  • Vehicle first reported Mar 30, 2017 (observed) ••• Locked
  • Vehicle first reported Mar 30, 2017 (observed) ••• Locked
  • Vehicle first reported Mar 28, 2014 (observed) ••• Locked
  • Vehicle first reported Apr 1, 2013 (observed) ••• Locked
  • Vehicle first reported Feb 10, 2012 (observed) ••• Locked
  • Vehicle first reported Feb 10, 2012 (observed) ••• Locked
  • First ADV filing on the tape Feb 10, 2012 (observed) ••• Locked
Across DFX