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B••• F•••• C••••••

Value add real estate managerExempt reporting adviserunder $1B· Midvale, Utah

Value add real estate manager, based in Midvale, Utah, reporting $104M of real estate gross assets across 5 vehicles.

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

Real estate GAV
$104M
Form ADV, Schedule D, real estate vehicles summed
Current vehicles
5
Form ADV, Schedule D 7.B.(1)
As of · the latest Form ADV filing; property activity carries its own dates
Identifiers, size band and strategyCRD 311837 · SEC 802-121240Show
CRD 311837SEC 802-121240under $1BValue addForm ADV
What capital do they manage?
Real estate GAV
$104M GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
Vehicles
5 current, 12 ever, 7 dropped0 feeders, 1 funds of funds
First on the tape
2021the extract starts in 2011; an earlier history is not visible
Latest filing
Nov 19, 2024exempt reporting adviser
Fund types on the latest filing
Real Estate Fund 5, Venture Capital Fund 2
What do they say they do?
stated by the manager
Strategy
Value add
Operator model
Fund managerbasis: stated
Property types
Multifamily, Hotel, Industrial, Office, Land, Senior housingbasis: stated
Markets
Intermountain West, Southwest, Midwestbasis: stated
Business kind (site)
Real estate manager
In the manager’s own words
  • Value add:B••• F•••• acquires properties with value-add potential, which our rigorous due diligence ensures meet our strict underwriting criteria.
  • Development:founded in 2013 to pursue real estate acquisition and development opportunities throughout the US
  • Multifamily:B••• F•••• C•••••• targets multi-family investments in markets with strong economic fundamentals and favorable supply-demand conditions.
  • Hotel:B••• F•••• H•••• & Industrial Properties
  • Industrial:B••• F•••• H•••• & Industrial Properties
  • Office:Stone Water Salt Lake City, UT Asset type: Office Flex Size: 68,884 sqft Sold
  • Land:S•••• O••••••••• Z••• Salt Lake City, UT Asset type: Land Size: 13 Acres Sold
  • Senior housing:B••• F•••• Senior & S•••••• H•••••• Properties
  • Student housing:B••• F•••• Senior & S•••••• H•••••• Properties
  • Intermountain West:B••• F•••• is primarily focused on growth markets in the Intermountain West, Southwest and Midwest.
  • Southwest:B••• F•••• is primarily focused on growth markets in the Intermountain West, Southwest and Midwest.
  • Midwest:B••• F•••• is primarily focused on growth markets in the Intermountain West, Southwest and Midwest.
Vehicles
12 on Form ADV
VehicleKindGAVOwnersReportedVintageLifecycleName saysLPs
B••• F•••• S••••• F•••• L•
805-5515990789
fund$37M GAV 2024412021* to 2024unknownInvestingDebt
B••• F•••• N••• L••
805-5586940820
fund$32M GAV 2024332021* to 2024unknownInvesting
B••• F•••• N•• P•••• 1•• L••
805-2683177583
fund$27M GAV 2024322021* to 2024unknownHarvesting
B••• F•••• F••• V• ••••••••• L•
805-8567069160
fund$6M GAV 2024142021* to 2024unknownHarvestingOpportunistic
B••• F•••• N•• P•••• 1• L••
805-1443838956
fund$3M GAV 2024322021* to 2024unknownWinding down
7 dropped, re-typed or historical vehicles
VehicleKindGAVOwnersReportedVintageLifecycleName saysLPs
B••• F•••• S•••••••• F••• I• L•
805-8164965485, dropped 2023
fund$23M GAV 2022142021* to 2022unknownDropped from ADVOpportunistic
B••• F•••• L••••• F•••• L•
805-7655780569, dropped 2023
fund$12M GAV 2022152021* to 2022unknownDropped from ADV
B••• F•••• D••••••••• F••• I• L•
805-1897455745, dropped 2023
fund$9M GAV 2022182021* to 2022unknownDropped from ADVDevelopment
B••• F•••• V• F••• I• L•
805-1680133150, dropped 2023
fund$8M GAV 2024212021* to 2024unknownDropped from ADV
B••• F•••• I••••• F••• I• L•
805-1707392477, dropped 2023
fund$6M GAV 2022182021* to 2022unknownDropped from ADVDebt
B••• F•••• O• F•••• L•
805-1353024615, dropped 2023
fund$2M GAV 202272021* to 2022unknownDropped from ADV
B••• F•••• S•• I•• L••
805-8559957060, dropped 2022
fund of funds$1M GAV 202122021* to 2021unknownDropped 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.
Properties the manager names on its site
  • H••••• P••• T••••••••, Oregon City, Oregon (multifamily) ••• Locked
  • R••••••••• C•••••• A•••••••••, Nampa, ID (multifamily) ••• Locked
  • L•••• o• B••••••• A•••••••••, Idaho Falls, ID (multifamily) ••• Locked
  • T•• V•••••• A•••••••••, Springfield, MO (multifamily) ••• Locked
  • S••••••• V•••••• A•••••••••, Springfield, MO (multifamily) ••• Locked
  • C••••••• T•••, Albuquerque, NM (multifamily) ••• Locked
  • M••••••• R••, Albuquerque, NM (multifamily) ••• Locked
  • P•••••• P•••••, P••••••, AZ (multifamily) ••• Locked
  • P••• P••••, Las Cruces, NM (multifamily) ••• Locked
  • R•••••••, El Paso, TX (multifamily) ••• Locked
  • D••••••••• b• H•••••, Burlington, VT (h••••) ••• Locked
  • A• H•••• b• M•••••••, Salt Lake City, UT (h••••) ••• 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
  • K••• E•••• I•••••••• Manager, Partner since 2014-01 also on vc
  • J••••• M••• V••••••••• Manager, Partner since 2014-01 also on vc
What is changing?
  • Vehicle dropped from ADV Mar 31, 2023 (observed) ••• Locked
  • Vehicle dropped from ADV Mar 31, 2023 (observed) ••• Locked
  • Vehicle dropped from ADV Mar 31, 2023 (observed) ••• Locked
  • Vehicle dropped from ADV Mar 31, 2023 (observed) ••• Locked
  • Vehicle dropped from ADV Jan 25, 2023 (observed) ••• Locked
  • Vehicle dropped from ADV Jan 25, 2023 (observed) ••• Locked
  • Vehicle dropped from ADV Mar 29, 2022 (observed) ••• Locked
  • Vehicle first reported Apr 16, 2021 (observed) ••• Locked
  • Vehicle first reported Apr 16, 2021 (observed) ••• Locked
  • Vehicle first reported Apr 16, 2021 (observed) ••• Locked
  • Vehicle first reported Apr 16, 2021 (observed) ••• Locked
  • Vehicle first reported Apr 16, 2021 (observed) ••• Locked
  • Vehicle first reported Apr 16, 2021 (observed) ••• Locked
  • First ADV filing on the tape Apr 16, 2021 (observed) ••• Locked
  • Vehicle first reported Apr 16, 2021 (observed) ••• Locked
  • Vehicle first reported Apr 16, 2021 (observed) ••• Locked
  • Vehicle first reported Apr 16, 2021 (observed) ••• Locked
  • Vehicle first reported Apr 16, 2021 (observed) ••• Locked
  • Vehicle first reported Apr 16, 2021 (observed) ••• Locked
  • Vehicle first reported Apr 16, 2021 (observed) ••• Locked
Across DFX

Not yet on record: properties held, institutional LPs.