DFX Intelligence
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B••••••• P••••••• M••••••••• L••
Value add real estate managerNot current: last filed 2024SEC-registered adviser· Oakland, California
Value add real estate manager, based in Oakland, California.
Composed from this manager's Form ADV filings and classification.
As of · the latest Form ADV filing; property activity carries its own dates
- Current vehicles
- None
- Properties held
- 2
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
Nothing material in the last 365 days. No dated change on record yet.
Identifiers, size band and strategyCRD 284163 · SEC 801-108092ShowHide
What capital do they manage?
- Real estate GAV
- no GAVsum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
- Vehicles
- 0 current, 3 ever, 2 dropped0 feeders, 0 funds of funds
How the GAV is measured, and the filing detailShowHide
- First on the tape
- 2016the extract starts in 2011; an earlier history is not visible
- Latest filing
- Mar 29, 2024registered adviser
- Adviser RAUM
- $2.5Bthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- none
- Latest vintage
- 2016from 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
- Industrialbasis: stated
- Markets
- Bay Area, Seattle, Salt Lake City, Phoenix, Denver, Dallas-Ft Worth, San Antonio, Austinbasis: stated
- Business kind (site)
- Real estate manager
In the manager's own words21 quotesShowHide
- Value add: “Our journey began with the establishment of our first value-add industrial real estate fund in 2006, primarily serving high-net-worth investors.”
- Core plus: “B••••••• P••••••• Core-Plus I••••••••• Partnership, LLC A $350 million institutional separate account formed in 2017 to pursue infill, urban core cash flowing industrial assets in select U.S. markets.”
- REIT sponsor: “B••••••• Capital Trust A $25 million private REIT formed in 2008 to invest in value-add industrial real estate.”
- Development: “To build, own and manage best-in-class industrial assets in top-performing U.S. markets.”
- Industrial: “Unlocking Value in Light I••••••••• Real Estate”
- Bay Area: “Bay Area 1,305,981 SF 13 Assets”
- Seattle: “Seattle 54,098 SF 1 Asset”
- Salt Lake City: “Salt Lake City 192,152 SF 1 Asset”
- Phoenix: “Phoenix 275,934 SF 3 Assets”
- Denver: “Denver 2,271,520 SF 18 Assets”
- Dallas-Ft Worth: “Dallas-FT Worth 1,428,245 SF 7 Assets”
- San Antonio: “San Antonio 325,520 SF 2 Assets”
- Austin: “Austin 188,309 SF 2 Assets”
- Nashville: “Nashville 351,652 SF 2 Assets”
- Atlanta: “Atlanta 776,649 SF 11 Assets”
- Philadelphia: “Philadelphia 661,247 SF 6 Assets”
- Boston: “Boston 4,460,317 SF 43 Assets”
- Washington DC: “Washington DC 312,879 SF 3 Assets”
- Southern California: “Southern California 640,777 SF 6 Assets”
- Indianapolis: “Indianapolis 1,285,091 SF 13 Assets”
- United States: “B••••••• P••••••• acquires and manages industrial assets in select target growth and gateway markets across the country.”
Vehicles
3 on Form ADV
No vehicles match.
3 dropped, re-typed or historical vehicles
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| I• B••••••• P••••••• I••••••••• I••••• F••• I• L• 805-6551423732, dropped 2019 | fund | $14M GAV 2018 | 4 | 2016 to 2018 | 2016 | Dropped from ADV | Debt | |
| I• B••••••• P••••••• I•• L• 805-3893848342 | master | $4M GAV 2023 | 16 | 2016 to 2023 | 2016 | Winding down | ||
| I• B••••••• P••••••• I••• L• 805-8973590956, dropped 2021 | fund | $697,141 GAV 2020 | 21 | 2016 to 2020 | 2016 | Dropped from ADV |
What do they actually own?
2 trusted of 7 candidate bindings
| Owner entity | Vehicle | Properties held | Loans | Evidence |
|---|---|---|---|---|
| I••• I• H••••••• 4• L•• MA | manager only | 1 assessed $21.8M | Manager disclosure the manager's own website names the property, and the recorder shows this entity at that address today | |
| B••••••• P••••••• MA | manager only | 1 assessed $2.6M | Name only owner name opens with the manager's brand, no second signal |
Properties the manager names on its site
- N••••••••• 5•, 7230 N. Loop 1604 E., San Antonio, TX 78109, San Antonio, TX (industrial) “••• Locked”
- 5• A•••• S•••••, 5• A•••• S•••••, Medway, MA (industrial) “••• Locked”
- D••••• B••••••• P••• (industrial) “••• Locked”
- 2•• N••••••••• C••••, 2•• N••••••••• C•••• (industrial) “••• Locked”
- 2••• B•••••• I••••••••• D••••, 2••• B•••••• I••••••••• D•••• (industrial) “••• Locked”
- 2•• E• P••• S•••••, 2•• E• P••• S••••• (industrial) “••• Locked”
- C••••••• W•• (industrial) “••• Locked”
- 2•• U•••• S•••••, 2•• U•••• S••••• (industrial) “••• 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
- D•••••• S•••••• W••••••••• Manager & Chief Compliance Officer since 2016-05
- A•••• D••••• S•••• Manager since 2016-05
- M•••••• J•••• N•••• Manager since 2017-01
- B••••• G••••• S•••• Chief Operating Officer since 2017-07
- A••••• C••••• H••••••• Partner since 2022-02
What is changing?
- Vehicle dropped from ADV Mar 31, 2021 (observed) ••• Locked
- Vehicle dropped from ADV Mar 29, 2019 (observed) ••• Locked
- Vehicle first reported Nov 10, 2016 (observed) ••• Locked
- First ADV filing on the tape Jun 30, 2016 (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: last reported GAV, institutional LPs.