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.
R•••••• F••• M••••••••• L••
Development real estate managerSEC-registered adviser$5B to $25B· New York, New York
Development real estate manager, based in New York, New York, reporting $12B of real estate gross assets across 34 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
- $12B
- Current vehicles
- 34
- Properties held
- 25
- Institutional LPs
- 2
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
Pension and endowment disclosures
As of · the latest Form ADV filing; property activity carries its own dates
What matters now
- Jun 2027next loan maturity
Next loan maturity on its holdings: 6 Jun 2027 on T•• R•••••• C••••••••• I••• (NY), 10 loans totalling $401M recorded.
in 8 months · D••• coming due inside two years has to be refinanced, extended or repaid: lenders and buyers can get ahead of it.
Identifiers, size band and strategyCRD 156543 · SEC 801-74288ShowHide
What capital do they manage?
- Real estate GAV
- $12B GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
- Vehicles
- 34 current, 47 ever, 13 dropped2 feeders, 0 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
- May 6, 2024registered adviser
- Adviser RAUM
- $13Bthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- Real Estate Fund 34
- Latest vintage
- 2024from 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
- Development
- Operator model
- Developerbasis: stated
- Property types
- Multifamily, Multifamily, Senior housing, Data center, Industrialbasis: stated
- Markets
- Los Angeles, Chicago, Boston, London, California, New York City, Massachusetts, Detroitbasis: stated
- Business kind (site)
- Real estate manager
- AUM in its own words
- $60 billion+ real estate portfoliothe manager's statement, not a DFX figure
In the manager's own words21 quotesShowHide
- Development: “R•••••• Companies | Global Real Estate Development”
- Multifamily: “Luxury Rentals”
- Multifamily: “Affordable Housing”
- Senior housing: “Luxury Senior Housing”
- Data center: “Data Centers”
- Industrial: “Industrial/Innovation Center”
- Los Angeles: “T•• G•••• L• Los Angeles”
- Chicago: “4•• L••• S•••• D•••• Chicago”
- Boston: “C••••••••• Boston”
- London: “B•••• C•••• T••• London”
- California: “California Los Angeles Irvine San Francisco Santa Clara Santa Monica”
- New York City: “New York City”
- Massachusetts: “Massachusetts Boston”
- Detroit: “Michigan Detroit”
- Illinois: “Illinois Chicago”
- Austin: “Texas Austin”
- Washington DC: “Washington DC”
- San Francisco: “31 analysts and 6 associates joined our teams in New York, Chicago, Boston, San Francisco and Dallas”
- Dallas: “31 analysts and 6 associates joined our teams in New York, Chicago, Boston, San Francisco and Dallas for 10 weeks”
- Wyoming: “R•••••• Digital Chairman Jeff Blau hosted Wyoming Governor Mark Gordon and Cheyenne Mayor Patrick Collins for a construction tour of the Cheyenne campus”
- Michigan (Saline T•••ship): “1 million union work hours at T•• B••• in Saline T•••ship”
Vehicles
47 on Form ADV
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| R•••••• R••• E••••• F••• I••• L••• 805-3709433477 | master | $2.2B GAV 2024 | 105 | 2019 to 2024 | 2019 | Investing | 2 | |
| R•• C••••• A••••••••• L•• 805-9827805185 | master | $1.9B GAV 2024 | 2 | 2018 to 2024 | 2018 | Investing | ||
| R•• C••••• H•••••• C••••••• L•• 805-5601555986 | fund | $1.5B GAV 2024 | 1 | 2014 to 2024 | 2014 | Mature | ||
| R•• C••••• N••• L•• 805-8316786846 | fund | $1.2B GAV 2024 | 2 | 2020 to 2024 | 2020 | Investing | ||
| R•••••• R••• E••••• F••• I• L••• 805-4640172326 | master | $549M GAV 2024 | 70 | 2015 to 2024 | 2015 | Harvesting |
All 34 current vehiclesShow fewerlargest GAV first
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| R•• C••••• P• F••• I• L•• 805-4871891710 | fund | $482M GAV 2024 | 1 | 2020 to 2024 | 2020 | Investing | ||
| R•••••• R••• E••••• F••• I• L••• 805-2884790136 | master | $420M GAV 2024 | 7 | 2024 to 2024 | 2024 | Unknown | ||
| R•••••• R••• E••••• D••• F•••• L••• 805-4468673255 | master | $404M GAV 2024 | 6 | 2021 to 2024 | 2021 | Investing | Debt | |
| C••• R• S••••••••• I• L•• 805-7834051337 | master | $395M GAV 2024 | 3 | 2022 to 2024 | 2022 | Investing | Core | |
| R•••••• R••• E••••• D••• F••• •••••••• L• 805-2674489684 | feeder | $270M GAV 2024 | 10 | 2022 to 2024 | 2022 | Investing | Debt | |
| R••••• M••••••••• C•••• 2• L•• 805-9315063158 | master | $260M GAV 2024 | 2 | 2022 to 2024 | 2022 | Deploying | Core | |
| R•••••• O••••••••• Z••• F••• I•• L• 805-4504491540 | fund | $252M GAV 2024 | 191 | 2021 to 2024 | 2021 | Investing | Opportunistic | |
| R•• A••••••••• H•••••• F••• L• 805-3163038707 | master | $246M GAV 2024 | 9 | 2022 to 2024 | 2022 | Deploying | ||
| R•••••• O••••••••• Z••• F•••• L• 805-3263560564 | master | $238M GAV 2024 | 98 | 2020 to 2024 | 2020 | Investing | Opportunistic | |
| R•••••• R••• E••••• D••• F••• ••••••• I•• L• 805-4779664361 | master | $234M GAV 2024 | 8 | 2024 to 2024 | 2024 | Unknown | Debt | |
| R•••••• P• 2• L•• 805-5095394346 | master | $222M GAV 2024 | 2 | 2020 to 2024 | 2020 | Investing | ||
| R•• L••• C••••• S•• L•• 805-2097779606 | master | $201M GAV 2024 | 2 | 2024 to 2024 | 2024 | Unknown | Debt | |
| K•• R•• O• L••••• L•• 805-3880945170 | fund | $189M GAV 2024 | 2 | 2017 to 2024 | 2017 | Mature | ||
| R•• P••• L•• 805-3509507879 | fund | $151M GAV 2024 | 1 | 2021 to 2024 | 2021 | Investing | ||
| R•••••• U•• O••••••••• F•••• L• 805-8479581805 | fund | $138M GAV 2024 | 5 | 2012* to 2024 | unknown | Mature | Opportunistic | |
| R•••••• R••• E••••• D••• F••• I•• L• 805-6120259238 | master | $134M GAV 2024 | 5 | 2024 to 2024 | 2024 | Unknown | Debt | |
| R••••• M••••••••• C•••• L•• 805-1214291383 | master | $108M GAV 2024 | 2 | 2020 to 2024 | 2020 | Investing | Core | |
| R••• D••• F••• I• C••••••••• F•••• L• 805-8988363858 | co-investment | $101M GAV 2024 | 1 | 2024 to 2024 | 2024 | Unknown | Debt | |
| R•••••••• S•••• L•• 805-7623240047 | fund | $90M GAV 2024 | 6 | 2014 to 2024 | 2014 | Winding down | ||
| U••••••• R•••• L•• 805-5205292207 | fund | $82M GAV 2024 | 2 | 2014 to 2024 | 2014 | Mature | ||
| R•••••• R••• E••••• R••••••• F•••• L••• 805-7364803865 | master | $72M GAV 2024 | 61 | 2012* to 2024 | unknown | Winding down | Distressed | |
| R••••••• C••••• S••••• L• 805-7770020738 | fund | $63M GAV 2024 | 1 | 2022 to 2024 | 2022 | Investing | ||
| R•••••• O••••••••• Z••• F••• I••• L• 805-4639241501 | fund | $55M GAV 2024 | 84 | 2023 to 2024 | 2023 | Deploying | Opportunistic | |
| R•• C••• L• 805-3745172798 | fund | $53M GAV 2024 | 1 | 2021 to 2024 | 2021 | Investing | ||
| R•••••• M•• L•• 805-9944392519 | fund | $33M GAV 2024 | 2 | 2014 to 2024 | 2014 | Mature | ||
| R•••••• E••••• F•••••• R••• E••••• F••• L• 805-2424540455 | master | $29M GAV 2024 | 11 | 2015 to 2024 | 2015 | Winding down | ||
| K•••• L•• 805-5434420220 | fund | $19M GAV 2024 | 1 | 2020 to 2024 | 2020 | Winding down | ||
| R•• K• 2••• L• 805-2357063955 | fund | $13M GAV 2024 | 2 | 2018 to 2024 | 2015 | Winding down | ||
| R•••••• M• C••••••••• F•••••• L• 805-1289779999 | co-investment | $9M GAV 2024 | 1 | 2018 to 2024 | 2018 | Harvesting |
13 dropped, re-typed or historical vehicles
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| K•• L•• 805-2197778634, dropped 2022 | fund | $43M GAV 2021 | 2 | 2018 to 2021 | 2018 | Dropped from ADV | ||
| R•• F•••••• K•• H•••••••• L•• 805-2093547410, dropped 2021 | fund | $39M GAV 2020 | 4 | 2013 to 2020 | 2013 | Dropped from ADV | ||
| R•••••• H••••••• A•• M••• L•••••• L•• 805-6754939322, dropped 2023 | fund | $37M GAV 2022 | 2 | 2019 to 2022 | 2019 | Dropped from ADV | Debt | |
| R•••••• H••••••• A•• S••••• P••• L•• 805-3508963411, dropped 2023 | fund | $32M GAV 2022 | 2 | 2019 to 2022 | 2019 | Dropped from ADV | Debt | |
| R•••••• M••••••••• F•••• L•• 805-7998973305, dropped 2016 | master | $27M GAV 2015 | 110 | 2012* to 2015 | unknown | Dropped from ADV | ||
| R•• F•••••• K•• U•• L•• 805-2248275418, dropped 2022 | fund | $26M GAV 2021 | 1 | 2017 to 2021 | 2017 | Dropped from ADV | ||
| S•• 1• H• L•••••• L•• 805-2121935996, dropped 2022 | fund | $13M GAV 2021 | 1 | 2016 to 2021 | 2016 | Dropped from ADV | ||
| R•••••• H••••••• A•• J••••• P••• L•• 805-3869101937, dropped 2023 | fund | $11M GAV 2022 | 1 | 2019 to 2022 | 2019 | Dropped from ADV | ||
| R•• F•••••• K••• H••••••• L•• 805-7626178480, dropped 2021 | feeder | $0 GAV 2020 | 2 | 2015 to 2020 | 2015 | Dropped from ADV | ||
| R•• U• P• L•• 805-2565831225, dropped 2024 | fund | $0 GAV 2023 | 1 | 2017 to 2023 | 2017 | Dropped from ADV | ||
| R•••••• P• L•• 805-7253122346, dropped 2024 | fund | $0 GAV 2023 | 2 | 2016 to 2023 | 2016 | Dropped from ADV | ||
| S•• H• L••••• L•• 805-4133131707, dropped 2018 | fund | $0 GAV 2017 | 1 | 2015 to 2017 | 2015 | Dropped from ADV | ||
| R•••••• H••• Y•••• F••• I•• L•• 805-8604748984, dropped 2021 | fund | $0 GAV 2020 | 2 | 2018 to 2020 | 2018 | Dropped from ADV |
What do they actually own?
12 trusted of 16 candidate bindings
| Owner entity | Vehicle | Properties held | Loans | Evidence |
|---|---|---|---|---|
| A•• A•• M• O•••• L•• FL, multifamily 10+ units | manager only | 1 assessed $176M | Address and agent owner's tax-bill address is the manager's headquarters to the suite or floor | |
| R•••••• C•• P••••• L•• MA, office cls a- | manager only | 1 assessed $152M | Address and agent mailing hq building suited | |
| 7•• S•••• F•••••• A••••••••• L• FL, office multi-story | manager only | 2 assessed $135M | Address and agent owner's tax-bill address is the manager's headquarters to the suite or floor | |
| F• M• O•••• R• O•••• L•• FL, warehouse, distribution | manager only | 1 assessed $45.5M | Address and agent mailing hq suite own house | |
| R••• I•• 4•• R••••••••• L•• MA, laboratory | manager only | 1 assessed $30.7M | Address and agent owner's tax-bill address is the manager's headquarters to the suite or floor | |
| R•••••• M••••••• L•• FL, multifamily 10+ units | manager only | 1 assessed $27.4M | Corporate filing sunbiz officer is manager | |
| S••••••• F• A••••••••• L•• FL, multifamily 10+ units | manager only | 1 assessed $21.0M | Corporate filing sunbiz officer is manager | |
| R•••••• A•••••• P•••• L•• FL, multifamily 10+ units | manager only | 1 assessed $13.5M | Corporate filing sunbiz officer is manager | |
| R••• I•• 4•• R••••••••• L•• MA, warehouse /distrib | manager only | 2 assessed $12.5M | Address and agent owner's tax-bill address is the manager's headquarters to the suite or floor | |
| T•• R•••••• C••••••••• I••• NY | manager only | 10 | 10 ($401M) | Corporate filing sunbiz officer person is manager |
All 12 holdingsShow fewerlargest assessed value first
| Owner entity | Vehicle | Properties held | Loans | Evidence |
|---|---|---|---|---|
| 2•••••• C••••• S••••• N• O•••• L• NY, multifamily | manager only | 1 | Address and agent mailing hq building suited | |
| T•• R•••••• C••••••••• L••• FL | manager only | 3 | 3 ($138M) | Corporate filing sunbiz officer person is manager |
Properties the manager names on its site
- O•• B•••••• P•••, 451 E. G•••• Ave., Chicago, IL, 60611, Chicago, IL (luxury condominiums/luxury rentals) “••• Locked”
- 4•• L••• S•••• D••••, 4•• L••• S•••• D••••, Chicago, IL, 60611, Chicago, IL (luxury rentals) “••• Locked”
- T•• G•••• L•, Los Angeles, CA (mixed-use) “••• Locked”
- C•••••••••, Boston, MA (mixed-use) “••• Locked”
- B•••• C•••• T•••, London (mixed-use) “••• Locked”
- H••• A•••••••, New York, NY (community facility) “••• Locked”
- L••••• T•••••, Salem, MA (affordable housing) “••• Locked”
- T•• B•••, Saline T•••ship, MI (data center) “••• Locked”
What are they buying, selling and financing?
0 acquisitions, 0 sales, 0 financings in 12 months
- loan securitizedAug 18, 2026$13.1Mcmbs_trust90 East S•••• Road, NY through T•• R•••••• C••••••••• I••• with B•••••••• 2••••••• M••••••• T••••Securitised debt reporting search.sunbiz.org
- loan securitizedSep 23, 2024$60.0Mcmbs_trust15 Major Deegan Expwy 590, 610 & 750 Gateway Center Blvd, NY through T•• R•••••• C••••••••• I••• with B•••••••• 2••••••• M••••••• T••••Securitised debt reporting search.sunbiz.org
- loan securitizedNov 14, 2023$21.0Mcmbs_trust2550-2692 Bruckner Boulevard, NY through T•• R•••••• C••••••••• I••• with B•••••••• 2•••••• M••••••• T••••Securitised debt reporting search.sunbiz.org
- loan securitizedAug 3, 2023$50.0Mcmbs_trust339-349, 351,355-361 Gateway D•••• 369, 381-389, 395, 409, 455-459, 505 Gateway Dr, NY through T•• R•••••• C••••••••• I••• with B•••••••• 2•••••• M••••••• T••••Securitised debt reporting search.sunbiz.org
- loan securitizedFeb 28, 2022$45.0Mcmbs_trust360 South Rosemary Avenue, FL through T•• R•••••• C••••••••• L••• with B•• 2•••••• M••••••• T••••Securitised debt reporting search.sunbiz.org
Full timeline · 13 eventsShow fewer
- loan securitizedAug 19, 2021$40.0Mcmbs_trust135-05 20th Avenue, NY through T•• R•••••• C••••••••• I••• with B•••••••• 2••••••• M••••••• T••••Securitised debt reporting search.sunbiz.org
- loan securitizedFeb 18, 2021$75.0Mcmbs_trust777 S. Flagler D••••, FL through T•• R•••••• C••••••••• L••• with B•••••••• 2••••••• M••••••• T••••Securitised debt reporting search.sunbiz.org
- loan securitizedOct 30, 2020$25.0Mcmbs_trust2984-3036 Third Avenue, NY through T•• R•••••• C••••••••• I••• with B•••••••• 2••••••• M••••••• T••••Securitised debt reporting search.sunbiz.org
- loan securitizedFeb 28, 2020$52.5Mcmbs_trust55 Hudson Yards 550 West 34th S•••••, NY through T•• R•••••• C••••••••• I••• with B•••••••• 2••••••• M••••••• T••••Securitised debt reporting search.sunbiz.org
- loan securitizedFeb 12, 2020$65.0Mcmbs_trust205 West 76th, NY through T•• R•••••• C••••••••• I••• with B•••••••• 2••••••• M••••••• T••••Securitised debt reporting search.sunbiz.org
- loan securitizedSep 27, 2019$49.5Mcmbs_trust105 East 17th S•••••, NY through T•• R•••••• C••••••••• I••• with G• M••••••• S••••••••• T•••• 2••••••••Securitised debt reporting search.sunbiz.org
- loan securitizedJul 11, 2019$18.0Mcmbs_trust560 Okeechobee Boulevard, FL through T•• R•••••• C••••••••• L••• with G• M••••••• S••••••••• T•••• 2••••••••Securitised debt reporting search.sunbiz.org
- loan securitizedOct 31, 2017$25.0Mcmbs_trust200 East 94th S••••• 220 E 94th S•••••, NY through T•• R•••••• C••••••••• I••• with C•••••••• C••••••••• M••••••• T•••• 2••••••Securitised debt reporting search.sunbiz.org
Who finances them?
13 loans, 1 lender groups, next maturity Jun 6, 2027
- cmbs_trust steady13 loans, $539M, Oct 31, 2017 to Aug 18, 2026
Who backs them?
2 allocators, 2 rows
- C•••••• F••••••••• in R•••••• R••• E••••• F••• I•• exact_name$807,950 fair value, as of Dec 31, 2024 apps.irs.gov
- J••• S•••• G••••••••• M••••••• F••••••••• in R•••••• R••• E••••• F••• I•• exact_name$2.4M fair value, as of Dec 31, 2024 apps.irs.gov
People
Form ADV Schedule A, latest filing
- J••••• E•••••• M••• Member since 2010-01
- J••• T• B••• Executive Vice President since 2011-01
- R•••••• L• O•••••• Executive Vice President since 2011-01
- J•••• L• K•••• Chief Financial Officer since 2014-08
- S•••••• N•• Z•••••••• Chief Compliance Officer since 2016-05
What is changing?
- Vehicle first reported Mar 29, 2024 (observed) ••• Locked
- Vehicle dropped from ADV Mar 29, 2024 (observed) ••• Locked
- Vehicle first reported Mar 29, 2024 (observed) ••• Locked
- Vehicle first reported Mar 29, 2024 (observed) ••• Locked
- Vehicle first reported Mar 29, 2024 (observed) ••• Locked
Full timeline · 30 eventsShow fewer
- Vehicle first reported Mar 29, 2024 (observed) ••• Locked
- Vehicle dropped from ADV Mar 29, 2024 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2023 (observed) ••• Locked
- Vehicle first reported Mar 31, 2023 (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 dropped from ADV Mar 31, 2022 (observed) ••• Locked
- Vehicle first reported Mar 31, 2022 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2022 (observed) ••• Locked
- Vehicle first reported Mar 31, 2022 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2022 (observed) ••• Locked
- Vehicle first reported Mar 31, 2022 (observed) ••• Locked
- Vehicle first reported Mar 31, 2022 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2021 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2021 (observed) ••• Locked
- Vehicle dropped from ADV 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 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
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.