DFX Intelligence
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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.
As of · the latest Form ADV filing; property activity carries its own dates
- Real estate GAV
- $66.0M
- Current vehicles
- 3
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 305927 · SEC 801-121664ShowHide
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 detailShowHide
- 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 quotesShowHide
- 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
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| L• C•••••• P••••••• R••• E••••• F••• I•• L••• 805-6898388491 | fund | $40M GAV 2024 | 70 | 2023 to 2024 | 2023 | Deploying | ||
| L• C•••••• P••••••• R••• E••••• F••• I• L••• 805-9479273830 | fund | $17M GAV 2024 | 26 | 2022 to 2024 | 2022 | Raising | ||
| L••••• K••••• P•• X• F•••• L•• 805-3636679704 | fund of funds | $9M GAV 2024 | 30 | 2022 to 2024 | 2022 | Investing |
2 dropped, re-typed or historical vehicles
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| L••••• K••••• S•••••••• O••••••••• F••• • S••••••• S••••• 805-5773739026, re-typed Private Equity Fund | fund of funds | $40M GAV 2024 | 27 | 2022 to 2024 | 2022 | Raising | Opportunistic | |
| L••••• K••••• S•••••••• O••••••••• F••• • M••••• S••••• 805-7101795195, re-typed Securitized Asset Fund | fund of funds | $6M GAV 2024 | 6 | 2022 to 2024 | 2022 | Investing | Opportunistic |
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 eventsShow fewer
- First ADV filing on the tape Jun 1, 2021 (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.