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L••••• K••••• M••• L••

Development real estate managerSEC-registered adviserunder $1B· Dallas, Texas

Development real estate manager, based in Dallas, Texas, reporting $66.0M of real estate gross assets across 3 vehicles.

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

Real estate GAV
$66.0M
Form ADV, Schedule D, real estate vehicles summed
Current vehicles
3
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 305927 · SEC 801-121664Show
CRD 305927SEC 801-121664under $1BDevelopmentForm ADV
What capital do they manage?
Real estate GAV
$66M GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
Vehicles
3 current, 5 ever, 0 dropped0 feeders, 3 funds of funds
How the GAV is measured, and the filing detailShow
First on the tape
2021the extract starts in 2011; an earlier history is not visible
Latest filing
Sep 17, 2024registered adviser
Adviser RAUM
$1.3Bthe whole adviser, all strategies; used for the quarantine test only
Fund types on the latest filing
Real Estate Fund 3, Other Private Fund 2, Private Equity Fund 21, Securitized Asset Fund 1
Latest vintage
2023from 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
Fund managerbasis: stated
Property types
Single-family rentalbasis: stated
Markets
not stated
Business kind (site)
Wealth manager
AUM in its own words
$2.8+ Billion in Assets Under Managementthe manager's statement, not a DFX figure
Parent
None - independent firm
In the manager's own words3 quotesShow
  • Development:we source exclusive equity financing opportunities in institutional quality build-to-rent projects, partnering with established and experienced developers.
  • Multi-strategy:Beyond our core focus on build-to-rent, we identify high conviction themes in commercial real estate that provide unique access for our families and align with their strategic goals.
  • Single-family rental:we source exclusive equity financing opportunities in institutional quality build-to-rent projects
Vehicles
5 on Form ADV
VehicleKindGAVOwnersReportedVintageLifecycleName saysLPs
L• C•••••• P••••••• R••• E••••• F••• I•• L•••
805-6898388491
fund$40M GAV 2024702023 to 20242023Deploying
L• C•••••• P••••••• R••• E••••• F••• I• L•••
805-9479273830
fund$17M GAV 2024262022 to 20242022Raising
L••••• K••••• P•• X• F•••• L••
805-3636679704
fund of funds$9M GAV 2024302022 to 20242022Investing
2 dropped, re-typed or historical vehicles
VehicleKindGAVOwnersReportedVintageLifecycleName saysLPs
L••••• K••••• S•••••••• O••••••••• F••• • S••••••• S•••••
805-5773739026, re-typed Private Equity Fund
fund of funds$40M GAV 2024272022 to 20242022RaisingOpportunistic
L••••• K••••• S•••••••• O••••••••• F••• • M••••• S•••••
805-7101795195, re-typed Securitized Asset Fund
fund of funds$6M GAV 202462022 to 20242022InvestingOpportunistic
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.
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
  • M•••••• R••••• O••• Member since 2018-02 also on pe, vc
  • B••• D•••• M••••• Chief Financial Officer since 2019-12 also on pe, vc
  • D•••• P•••••••• S••••• Managing Partner, Chief Operating Officer, Chief Compliance Officer since 2020-08 also on pe, vc
  • A•••• K• M•••••• Manager since 2020-12 also on pe, vc
What is changing?
  • Vehicle first reported Mar 31, 2023 (observed) ••• Locked
  • Vehicle first reported Jan 3, 2022 (observed) ••• Locked
  • Vehicle first reported Jan 3, 2022 (observed) ••• Locked
  • Vehicle first reported Jan 3, 2022 (observed) ••• Locked
  • Vehicle first reported Jan 3, 2022 (observed) ••• Locked
Full timeline · 6 events
  • First ADV filing on the tape Jun 1, 2021 (observed) ••• Locked
Across DFX

Not yet on record: properties held, institutional LPs.