DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Real Estate Fund Intelligence at $199 a month for every name. Every figure, date and source on this page is public either way.
D•••• W••• R••• E••••• S•••••••• L••
Real estate managerSEC-registered adviser$5B to $25B· San Francisco, California
Real estate manager, based in San Francisco, California, reporting $15B of real estate gross assets across 25 vehicles.
Composed from this manager's Form ADV filings and classification.
As of · the latest Form ADV filing; property activity carries its own dates
- Real estate GAV
- $15B
- Current vehicles
- 25
- Properties held
- 1
- Institutional LPs
- Not established
Form ADV, Schedule D, real estate vehicles summed
Form ADV, Schedule D 7.B.(1)
Deeds, filings and the manager's own site, bound to its vehicles
As of · the latest Form ADV filing; property activity carries its own dates
Why this matters
- Lender groups 1
- Graphs 1
Identifiers, size band and strategyCRD 156762 · SEC 801-74082ShowHide
What capital do they manage?
- Real estate GAV
- $15B GAV 2024sum of GAV over non-feeder, non-quarantined R••• E••••• Fund vehicles on the latest filing (a scale proxy, never fund size)
- Vehicles
- 25 current, 35 ever, 10 dropped3 feeders, 0 funds of funds
- First on the tape
- 2012the extract starts in 2011; an earlier history is not visible
- Latest filing
- May 10, 2024registered adviser
- Adviser RAUM
- $15Bthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- Real Estate Fund 25
- Latest vintage
- 2024from a fund name year or the first ADV report after the adviser's first filing
What do they say they do?
from vehicle names
- Strategy
- Unclassified
- Operator model
- Hybridbasis: stated
- Property types
- not stated
- Markets
- PAbasis: vehicle names
- Business kind (site)
- REAL_ESTATE_MANAGER
- Parent
- DivCore, LLC
In the manager’s own words
- Debt: “DivCore Capital, parent company to D••••W••• and LoanCore, is an innovative real estate equity and debt investment firm focused on delivering attractive returns for its partners.”
Vehicles
35 on Form ADV
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| D•••••••• F••• V•••• L• 805-8655273487 | feeder | $2.9B GAV 2024 | 48 | 2020 to 2024 | 2020 | Investing | ||
| D•••••••• F••• V• L• 805-3227288814 | fund | $2.5B GAV 2024 | 41 | 2017 to 2024 | 2017 | Harvesting | ||
| D• E••• H•••••• L• 805-7407366361 | fund | $1.0B GAV 2024 | 3 | 2020 to 2024 | 2020 | Investing | ||
| D• G• H•••••• L• 805-6734174145 | fund | $1.0B GAV 2024 | 3 | 2020 to 2024 | 2020 | Investing | ||
| D• N• H•••••••• L• 805-4728144776 | fund | $868M GAV 2024 | 3 | 2016 to 2024 | 2016 | Harvesting | ||
| D• L••• S••••••• P•••••••• L•• 805-8983141567 | fund | $783M GAV 2024 | 2 | 2022 to 2024 | 2022 | Harvesting | ||
| D• C••• L•• 805-3855755626 | fund | $761M GAV 2024 | 2 | 2019 to 2024 | 2019 | Mature | ||
| D• P••••• J••• L• 805-5838052905 | fund | $704M GAV 2024 | 2 | 2018 to 2024 | 2018 | Mature | ||
| D• H•• H•••••• L• 805-7431643614 | fund | $696M GAV 2024 | 3 | 2020 to 2024 | 2020 | Investing | ||
| S••• H••• C••••••••• J•• L• 805-8078668179 | fund | $602M GAV 2024 | 4 | 2021 to 2024 | 2021 | Investing | ||
| D• U• H•••••• L• 805-4112282031 | fund | $601M GAV 2024 | 3 | 2021 to 2024 | 2021 | Deploying | ||
| D•••••••• F••• V•••• L• 805-3664441461 | feeder | $502M GAV 2024 | 2 | 2021 to 2024 | 2021 | Investing | ||
| Q•••••• S••• H••• H•••••••• L•• 805-1781902999 | fund | $442M GAV 2024 | 4 | 2015 to 2024 | 2015 | Mature | ||
| D•••• D•••• B••••••••• L• 805-5848112544 | fund | $358M GAV 2024 | 4 | 2022 to 2024 | 2022 | Investing | ||
| D•••••••• F••• V•••• L• 805-2709061935 | feeder | $334M GAV 2024 | 2 | 2020 to 2024 | 2020 | Investing | ||
| D• I• H•••••• L• 805-1465432131 | fund | $334M GAV 2024 | 3 | 2021 to 2024 | 2021 | Investing | ||
| D•••• P•••••••• L• 805-4901096298 | fund | $310M GAV 2024 | 2 | 2020 to 2024 | 2020 | Harvesting | ||
| D•••••••• F••• V• P•• L• 805-2224252195 | fund | $165M GAV 2024 | 2 | 2018 to 2024 | 2018 | Harvesting | ||
| D•••••••• F••• I•• L• 805-8910122442 | fund | $149M GAV 2024 | 161 | 2014 to 2024 | 2014 | Winding down | ||
| D•••• D•••• A••••••• R••• L• 805-4886163610 | fund | $99M GAV 2024 | 3 | 2022 to 2024 | 2022 | Investing | ||
| D•• V• C• O•• C••••••••• L• 805-5786069571 | co-investment | $74M GAV 2024 | 2 | 2024 to 2024 | 2024 | Unknown | ||
| E•• P••••••••• D•• L• 805-3662243190 | fund | $67M GAV 2024 | 4 | 2019 to 2024 | 2019 | Harvesting | ||
| D•• V• 4••• B••••••• C••••••••• L• 805-9528344038 | co-investment | $28M GAV 2024 | 2 | 2024 to 2024 | 2024 | Unknown | ||
| D•• V• 7• S•••• C••••••••• L• 805-6308391499 | co-investment | $19M GAV 2024 | 4 | 2020 to 2024 | 2020 | Harvesting | ||
| D•••• D•••• 4•• F••••• L• 805-6839137476 | fund | $16M GAV 2024 | 2 | 2024 to 2024 | 2024 | Unknown |
10 dropped, re-typed or historical vehicles
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| M••• C•••••• C••••• I••••••••• L•• 805-1619424946, dropped 2019 | fund | $25M GAV 2018 | 2 | 2016 to 2018 | 2016 | Dropped from ADV | ||
| M••••• S••••• C•••••• P•••••••• L• 805-9378934414, dropped 2020 | fund | $15M GAV 2019 | 186 | 2012* to 2019 | unknown | Dropped from ADV | ||
| D•• I• B••••••••• J•• L•• 805-4810800313, dropped 2017 | fund | $12M GAV 2016 | 3 | 2015 to 2016 | 2015 | Dropped from ADV | ||
| D•••••••• F••• I••• L• 805-6950518851, dropped 2023 | fund | $11M GAV 2022 | 153 | 2012* to 2022 | unknown | Dropped from ADV | ||
| D•• I• O•• K•••••• C••••••••• L•• 805-1867816153, dropped 2018 | co-investment | $4M GAV 2017 | 3 | 2015 to 2017 | 2015 | Dropped from ADV | ||
| M• 3•• B••• S••••• J• C••••••• L• 805-4838985796, dropped 2017 | fund | $3M GAV 2016 | 3 | 2016 to 2016 | 2016 | Dropped from ADV | ||
| D•••• P•• M•• L• 805-3576748794, dropped 2023 | fund | $984,000 GAV 2022 | 2 | 2016 to 2022 | 2016 | Dropped from ADV | ||
| S•••••• T••• 805-1859573430, dropped 2017 | fund | $501,000 GAV 2016 | 2 | 2016 to 2016 | 2016 | Dropped from ADV | ||
| D•• I••••••• L•• 805-8680145148, dropped 2017 | fund | $373,000 GAV 2016 | 2 | 2016 to 2016 | 2016 | Dropped from ADV | ||
| S•••••• T•• 805-1023958323, dropped 2017 | fund | $279,000 GAV 2016 | 2 | 2016 to 2016 | 2016 | Dropped from ADV |
What do they actually own?
1 trusted of 2 candidate bindings
| Owner entity | Vehicle | Properties held | Loans | Evidence |
|---|---|---|---|---|
| D•••• W••• R••• E••••• S•••••••• L•• MA | manager only | 1 | 1 ($53.1M) | Corporate filing cmbs_annex_sponsor_named |
What are they buying, selling and financing?
0 acquisitions, 0 sales, 0 financings in 12 months
- loan eventApr 21, 2023$53.1Mcmbs_trust250 Water S•••••, MA through D•••• W••• R••• E••••• S•••••••• L•• with B•••••••• 2••••••• M••••••• T••••Securitised debt reporting sec.gov
Who finances them?
1 loans, 1 lender groups, next maturity Feb 10, 2038
- cmbs_trust single1 loans, $53.1M, Apr 21, 2023 to Apr 21, 2023
Who backs them?
0 allocators, 0 rows
No institutional LP disclosure resolved to this manager.
People
Form ADV Schedule A, latest filing
- M••• L••••••• F••••••• Trustee since 2006-11
- S••••• Z•••••• S•••• Member since 2008-12
- M•••••• F••••••• C••• President, Chief Operating Officer since 2012-04
- M••• J••••• S•••••••• Chief Compliance Officer since 2019-03
- M•••• P•••• S•••••• Secretary since 2020-07
- R••••• G•• M•••••• Member since 2022-06
- L••• M• G••••••• T•••surer since 2023-01
What is changing?
- Vehicle first reported Mar 29, 2024 (observed) ••• Locked
- Vehicle first reported Mar 29, 2024 (observed) ••• Locked
- Vehicle first reported Mar 29, 2024 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2023 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2023 (observed) ••• Locked
- Vehicle first reported Mar 31, 2022 (observed) ••• Locked
- Vehicle first reported Mar 31, 2022 (observed) ••• Locked
- Vehicle first reported Mar 31, 2022 (observed) ••• Locked
- Vehicle first reported Mar 31, 2021 (observed) ••• Locked
- Vehicle first reported Mar 31, 2021 (observed) ••• Locked
- Vehicle first reported Mar 31, 2021 (observed) ••• Locked
- Vehicle first reported Mar 31, 2021 (observed) ••• Locked
- Vehicle first reported Mar 30, 2020 (observed) ••• Locked
- Vehicle first reported Mar 30, 2020 (observed) ••• Locked
- Vehicle first reported Mar 30, 2020 (observed) ••• Locked
- Vehicle first reported Mar 30, 2020 (observed) ••• Locked
- Vehicle first reported Mar 30, 2020 (observed) ••• Locked
- Vehicle first reported Mar 30, 2020 (observed) ••• Locked
- Vehicle first reported Mar 30, 2020 (observed) ••• Locked
- Vehicle dropped from ADV Mar 30, 2020 (observed) ••• Locked
- Vehicle first reported Mar 28, 2019 (observed) ••• Locked
- Vehicle first reported Mar 28, 2019 (observed) ••• Locked
- Vehicle dropped from ADV Mar 28, 2019 (observed) ••• Locked
- Vehicle first reported Mar 29, 2018 (observed) ••• Locked
- Vehicle first reported Mar 29, 2018 (observed) ••• Locked
- Vehicle dropped from ADV Mar 29, 2018 (observed) ••• Locked
- GAV reading quarantined Jun 5, 2017 (observed) ••• Locked
- Vehicle first reported Mar 31, 2017 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2017 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2017 (observed) ••• Locked
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.