DFX Intelligence
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M•••• E••••••• L••
Multi-strategy real estate managerSEC-registered adviserunder $1B· M•••• Park, California
Multi-strategy real estate manager, based in M•••• Park, California, reporting $454M of real estate gross assets across 1 vehicle.
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
- $454M
- Current vehicles
- 1
Form ADV, Schedule D, real estate vehicles summed
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 162139 · SEC 801-74582ShowHide
What capital do they manage?
- Real estate GAV
- $454M 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, 1 funds of funds
How the GAV is measured, and the filing detailShowHide
- First on the tape
- 2012the extract starts in 2011; an earlier history is not visible
- Latest filing
- Mar 26, 2024registered adviser
- Adviser RAUM
- $3.2Bthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- Hedge Fund 2, Real Estate Fund 3
- Latest vintage
- 2022from 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
- Operator with outside capitalbasis: stated
- Property types
- Office, Industrial, Data center, Life sciencebasis: stated
- Markets
- Northern Virginia, Silicon Valley, Boston, Dallas, Nashville, Chicago, California (Northern), California (Southern)basis: stated
- Business kind (site)
- Real estate manager
- AUM in its own words
- $9.9 billion cumulative AUMthe manager's statement, not a DFX figure
In the manager's own words20 quotesShowHide
- Core plus: “Seeks to deliver a low-risk, stable cash flow yield, while generating long-term appreciation by investing in mission critical properties leased primarily to investment grade rated tenants subject to triple net leases.”
- Value add: “Focuses on value creation through opportunistic acquisitions and rigorous property and asset management.”
- Development: “Ground up development and redevelopment projects that include site acquisition, entitlement, construction, lease up, and exit”
- Special situations: “Special Situations – Opportunistic investments such as distressed assets, foreclosures, or debt positions”
- Net lease: “Triple net leases minimize operational risk and provide a hedge against inflation”
- Office: “invest in purpose driven properties in the most robust innovation-driven markets, with a focus on essential office, R&D/lab, data center, life science and industrial assets”
- Industrial: “invest in purpose driven properties in the most robust innovation-driven markets, with a focus on essential office, R&D/lab, data center, life science and industrial assets”
- Data center: “invest in purpose driven properties in the most robust innovation-driven markets, with a focus on essential office, R&D/lab, data center, life science and industrial assets”
- Life science: “invest in purpose driven properties in the most robust innovation-driven markets, with a focus on essential office, R&D/lab, data center, life science and industrial assets”
- Northern Virginia: “Portfolio includes facilities in the markets of Northern Virginia, Silicon Valley, Boston, Dallas, Nashville and Chicago”
- Silicon Valley: “Portfolio includes facilities in the markets of Northern Virginia, Silicon Valley, Boston, Dallas, Nashville and Chicago”
- Boston: “Portfolio includes facilities in the markets of Northern Virginia, Silicon Valley, Boston, Dallas, Nashville and Chicago”
- Dallas: “Portfolio includes facilities in the markets of Northern Virginia, Silicon Valley, Boston, Dallas, Nashville and Chicago”
- Nashville: “Portfolio includes facilities in the markets of Northern Virginia, Silicon Valley, Boston, Dallas, Nashville and Chicago”
- Chicago: “Portfolio includes facilities in the markets of Northern Virginia, Silicon Valley, Boston, Dallas, Nashville and Chicago”
- California (Northern): “California (Northern)”
- California (Southern): “California (Southern)”
- District of Columbia: “District of Columbia”
- Massachusetts: “Massachusetts”
- North Carolina: “North Carolina”
Vehicles
3 on Form ADV
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| M•••• R••••• P••••••• V• L• 805-5813119649 | fund of funds | $192M GAV 2024 | 163 | 2022 to 2024 | 2022 | Raising |
2 dropped, re-typed or historical vehicles
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| M•••• R••••• P••••••• I• L•• 805-5350173333, dropped 2018 | fund | $45M GAV 2017 | 2 | 2012* to 2017 | unknown | Dropped from ADV | ||
| M•••• R••••• P••••••• L•• 805-2536875711 | fund | $35M GAV 2016 | 2 | 2012* to 2016 | unknown | Harvesting |
What do they actually own?
0 trusted of 2 candidate bindings
No validated holdings yet. Candidate bindings stay off this page until their rule passes the blind-label gate.
Properties the manager names on its site
- P••• A••• D••• C••••• ••• B••••• S••••••, 529 B••••• S•••••, P••• A•••, CA (d••• c•••••) “••• Locked”
- P••• A••• I••••••• E•••••••, 529 B••••• S•••••, P••• A•••, CA (d••• c•••••) “••• Locked”
- S•••• C•••• C••••• •••• S•••• B•••••••••, 3333 S•••• B••••••••, S•••• C••••, CA (corporate headquarters) “••• Locked”
- 3••• N• C•••••• o• T•••• H••••••, 3••• N• C•••••• o• T•••• H••••••, Austin, TX (engineering / lab) “••• Locked”
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
- R•••••• J•••• H•••••••• Owner since 2008-07 also on pe
- K•••• S•••• K••••••• Chief Compliance Officer since 2012-07 also on pe
- M•••••• J••••• G•••••• Chief Financial Officer since 2019-01
- B••••••• D••• B•••••• Trustee since 2020-02
What is changing?
- Vehicle dropped from ADV Mar 26, 2024 (observed) ••• Locked
- GAV reading quarantined May 2, 2023 (observed) ••• Locked
- Vehicle first reported Mar 31, 2022 (observed) ••• Locked
- Vehicle dropped from ADV Mar 30, 2019 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2018 (observed) ••• Locked
Full timeline · 11 eventsShow fewer
- Vehicle first reported Dec 15, 2017 (observed) ••• Locked
- GAV reading quarantined Dec 15, 2017 (observed) ••• Locked
- Vehicle first reported Dec 15, 2017 (observed) ••• Locked
- Vehicle first reported Mar 12, 2012 (observed) ••• Locked
- Vehicle first reported Mar 12, 2012 (observed) ••• Locked
- First ADV filing on the tape Mar 12, 2012 (observed) ••• Locked
Across DFXHow records are bridgedBridged 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.
Not yet on record: properties held, institutional LPs.