DFX Intelligence
Real Estate Fund Intelligence
The manager graph behind U.S. private real estate capital. Which vehicles a manager swears to, what each reports year by year, what the manager says it does, and, where the evidence holds, which owner entities, properties, loans, lenders and pensions stand behind it. GAV is gross asset value on a filing date, never fund size, and every manager-to-property link carries its evidence class.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
What capital do they manage?
- Real estate GAV
- $1.3B GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
- GAV as filed
- $1.3Bfeeders and quarantined readings included
- Vehicles
- 29 current, 45 ever, 15 dropped10 feeders, 0 funds of funds
- First on the tape
- 2012the extract starts in 2011; an earlier history is not visible
- Latest filing
- Oct 18, 2024registered adviser
- Adviser RAUM
- $2.6Bthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- Hedge Fund 1, Real Estate Fund 29
- 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
- Hybridbasis: stated
- Property types
- Multifamily, Industrial, Office, Hotel, Single-family rental, Landbasis: stated
- Markets
- United States, Sunbelt, Brazil, São Paulo, Rio de Janeirobasis: stated
- Business kind (site)
- REAL_ESTATE_MANAGER
- AUM in its own words
- $5.6B AUM (gross), approximately $22.8B total project costthe manager's statement, not a DFX figure
In the manager’s own words
- Development: “Brightshore created an internal platform, T••••• Communities, to self-develop Build-to-Rent projects across the US; at present, there are eight such communities.”
- Land: “Brightshore has an extensive track record of investing in land development and home building projects across the “Smile” markets in the US post-GFC.”
- Value add: “Brightshore invests directly and with experienced partners in ground-up development and value-add multi-family opportunities in markets with robust prime renter cohort growth.”
- Opportunistic: “Brightshore believes that there are opportunities for redevelopment and rebranding existing hotels in the luxury hotel segment that benefit from international corporate travel demand, for which supply remains limited.”
- Development: “Brightshore’s industrial focus is on self-development and acquisition of modern warehouse and distribution assets to meet local tenant requirements in strategic distribution hubs or population centers across the US.”
- Multifamily: “Brightshore invests directly and with experienced partners in ground-up development and value-add multi-family opportunities in markets with robust prime renter cohort growth.”
- Industrial: “Brightshore’s industrial focus is on self-development and acquisition of modern warehouse and distribution assets to meet local tenant requirements in strategic distribution hubs or population centers across the US.”
- Office: “Brightshore’s office focus in Brazil is on building state-of-the art, Class A buildings concentrated in the heart of F•••• L•••, the premier office district in São Paulo, and in Rio.”
- Hotel: “Within the hospitality sector, Brightshore has focused its strategy primarily on acquiring and developing in locations that will benefit from future growth.”
- Single-family rental: “Brightshore identifies macro trends early, including investing in Brazil in 2005, US residential in 2009, single-family rental as an emerging asset class in 2010 and build-to-rent in 2019”
- Land: “Brightshore acquires larger land parcels that are outside of the builders’ investment appetite (mostly due to the ‘land-light’ operating model adopted after the crisis), completes master planning and land development, and sells lots to homebuilders or constructs and sells homes to final buyers.”
- Student housing: “Student Housing”
- Mixed use: “A 616-unit, 36-story mixed use development with 23,000 SF of retail space and 624 space garages located in downtown Miami, FL, less than 1-mile from I-95 for both North and S•••• commuters.”
- United States: “Today, Brightshore is established as a leading investor in the US with a focus on residential and industrial sectors, with a portfolio footprint in more than 48 major markets located predominantly in the Sunbelt.”
- Sunbelt: “with a portfolio footprint in more than 48 major markets located predominantly in the Sunbelt”
- Brazil: “In Brazil, Brightshore is among the largest private real estate investors with significant experience in the acquisition and development of iconic office, residential, industrial and hospitality assets concentrated in São Paulo and Rio de Janeiro.”
- São Paulo: “concentrated in São Paulo and Rio de Janeiro”
- Rio de Janeiro: “concentrated in São Paulo and Rio de Janeiro”
Vehicles
45 on Form ADV
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|---|
| G••• B••••• R••• E••••• F••• I• L• 805-2494923330 | master | $316M GAV 2024 | 84 | 2012* to 2024 | unknown | Harvesting | |||
| G••• U• R••••••••• S••••••••• S•••••••• F••• L• 805-3996749148 | fund | $192M GAV 2024 | 2 | 2024 to 2024 | 2024 | Unknown | Secondaries | ||
| G••• B••••• R••• E••••• F••• I•• • a• L• 805-3511498779 | master | $143M GAV 2024 | 24 | 2015 to 2024 | 2015 | Harvesting | |||
| O••••••• S•• P•••• P•••••••• H•••• E••••••••• F••• L• 805-6158562173 | feeder | $126M GAV 2024 | 38 | 2019 to 2024 | 2019 | Mature | |||
| G••• B••••• R••• E••••• F••• I•• • B• L• 805-4808726878 | master | $111M GAV 2024 | 2 | 2016 to 2024 | 2016 | Harvesting | |||
| G••• B••••• R••• E••••• F••• I•• • C• L• 805-4801909119 | master | $111M GAV 2024 | 2 | 2016 to 2024 | 2016 | Harvesting | |||
| G••• B••••• R••• E••••• F••• ••••••••• R•••• L• 805-5881545158 | master | $61M GAV 2024 | 51 | 2012* to 2024 | unknown | Winding down | |||
| S• H•••• P••••••• L• 805-4964004865 | master | $47M GAV 2024 | 16 | 2015 to 2024 | 2015 | Investing | |||
| P•••••• I•••••••• L• 805-4066598998 | master | $43M GAV 2024 | 2 | 2015 to 2024 | 2015 | Investing | |||
| G••• U• R••••••••• S••••••••• P••••••• F••••• L• 805-1186314269 | feeder | $36M GAV 2024 | 219 | 2013 to 2024 | 2013 | Winding down | |||
| G••• U• R••••••••• S••••••••• P••••••• F••• L• 805-9812971595 | master | $26M GAV 2024 | 21 | 2013 to 2024 | 2013 | Winding down | |||
| G••• B••••• R••• E••••• F••• I••• L• 805-2497450934 | feeder | $24M GAV 2024quarantined | 3 | 2022 to 2024 | 2022 | Deploying | |||
| G••• L•••••••• P••••••• I• S•••• 805-2074505447 | fund | $20M GAV 2024 | 3 | 2024 to 2024 | 2024 | Unknown | |||
| G••• U• R••••••••• S••••••••• S•••••••• P••••••• F••• L• 805-7680679557 | feeder | $15M GAV 2024 | 3 | 2024 to 2024 | 2024 | Unknown | Secondaries | ||
| G••• B••••• R••• E••••• F••• I•• • D• L• 805-5987859856 | fund | $11M GAV 2024 | 2 | 2017 to 2024 | 2017 | Harvesting | |||
| G••• V••• L• 805-2845649893 | fund | $9M GAV 2024 | 8 | 2020 to 2024 | 2020 | Harvesting | |||
| G••• B••••• R••• E••••• F••• •• D•••••• L• 805-2038685620 | master | $7M GAV 2024 | 18 | 2012* to 2024 | unknown | Winding down | |||
| G••• B••••• R••• E••••• F••• •••••••• F•••• L• 805-9531496368 | feeder | $7M GAV 2024 | 4 | 2012* to 2024 | unknown | Winding down | |||
| O••••••• B••••• I• H•••• I•••••••• F••• L• 805-9518802430 | feeder | $7M GAV 2024 | 39 | 2015 to 2024 | 2015 | Winding down | |||
| O••••••• R•• H••••••••• I••••••••• F••• L• 805-5747182178 | feeder | $6M GAV 2024 | 6 | 2015 to 2024 | 2015 | Winding down | |||
| G••• U• R••••••••• S••••••••• P••••••• F••••• L• 805-3045737584 | feeder | $5M GAV 2024 | 19 | 2013 to 2024 | 2013 | Winding down | |||
| G••• U• R••••••••• S••••••••• F••• L• 805-1649651975 | fund | $4M GAV 2024 | 37 | 2013 to 2024 | 2013 | Winding down | |||
| G••• R••• E••••• O••••••••• F••• I• L• 805-6523428972 | fund | $3M GAV 2024 | 65 | 2012* to 2024 | unknown | Winding down | Opportunistic | ||
| M••• A••••••••• I• L• 805-3848096645 | fund | $968,469 GAV 2024 | 3 | 2013 to 2024 | 2013 | Winding down | |||
| G••• U• R••••••••• S••••••••• P••••••• F••• I• L• 805-2279036913 | feeder | $945,156 GAV 2024 | 9 | 2014 to 2024 | 2014 | Winding down | |||
| G••• R••• I• M•••• V•••••• L• 805-7796868861 | fund | $868,627 GAV 2024 | 3 | 2013 to 2024 | 2013 | Winding down | |||
| G••• U• R••••••••• S••••••••• F••• I• L• 805-6381108965 | fund | $473,915 GAV 2024 | 82 | 2014 to 2024 | 2014 | Winding down | |||
| M••• A••••••••• I• L• 805-8529192502 | fund | $337,135 GAV 2024 | 30 | 2013 to 2024 | 2013 | Winding down | |||
| G••• P••• I• L• 805-7082754524 | fund | $19,399 GAV 2024 | 2 | 2013 to 2024 | 2013 | Winding down |
16 dropped, re-typed or historical vehicles
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|---|
| G••• U• P••••••• I••••• P••••••• S••••• 805-9291329709, re-typed Hedge Fund | master | $266M GAV 2024 | 14 | 2018 to 2024 | 2018 | Deploying | |||
| G••• A••••• C•••••••• L• 805-8389018736, dropped 2020 | co-investment | $70M GAV 2019 | 15 | 2013 to 2019 | 2013 | Dropped from ADV | |||
| G••• H•• V• L••••• C•••••••• L• 805-8219462435, dropped 2020 | co-investment | $10M GAV 2019 | 33 | 2017 to 2019 | 2017 | Dropped from ADV | |||
| S••••••••• S•••• 805-2374538418, dropped 2024 | fund | $5M GAV 2023 | 5 | 2017 to 2023 | 2017 | Dropped from ADV | |||
| G••• H•• V• C•••••••• L• 805-6483943953, dropped 2022 | co-investment | $4M GAV 2021 | 37 | 2017 to 2021 | 2017 | Dropped from ADV | |||
| G••• R••••••••• F••• B•••••• L•• 805-7950133385, dropped 2013 | feeder | $3M GAV 2013 | 2 | 2013 to 2013 | 2013 | Dropped from ADV | |||
| G••• H•••••• I• L• 805-1721043343, dropped 2019 | fund | $2M GAV 2018 | 27 | 2012* to 2018 | unknown | Dropped from ADV | |||
| G••• D••••••••• C•••••••• S••••• 805-6280893299, dropped 2024 | co-investment | $1M GAV 2023 | 4 | 2018 to 2023 | 2018 | Dropped from ADV | |||
| G••• L•• L• 805-5370206265, dropped 2015 | fund | $1M GAV 2014 | 18 | 2012* to 2014 | unknown | Dropped from ADV | |||
| G••• R•••••• M••• L••••• L• 805-2898599311, dropped 2019 | fund | $559,641 GAV 2018 | 28 | 2013 to 2018 | 2013 | Dropped from ADV | Debt | ||
| G••• R•••••• E••••• L• 805-8338382501, dropped 2019 | master | $358,848 GAV 2018 | 36 | 2013 to 2018 | 2013 | Dropped from ADV | |||
| S••••••••• C•••••••• L• 805-6324804685, dropped 2024 | co-investment | $214,498 GAV 2023 | 29 | 2017 to 2023 | 2017 | Dropped from ADV | |||
| G•••••• V••••••• I• L• 805-9934577224, dropped 2020 | fund | $0 GAV 2019 | 7 | 2014 to 2019 | 2014 | Dropped from ADV | |||
| G••• S•••••••• C•••••••• L• 805-5578836911, dropped 2019 | co-investment | $0 GAV 2018 | 12 | 2012* to 2018 | unknown | Dropped from ADV | |||
| G••• B••••• S••••• C•••••••• L• 805-3731992470, dropped 2019 | master | $0 GAV 2018 | 23 | 2012* to 2018 | unknown | Dropped from ADV | |||
| G••• H•••••• I• L••••• L• 805-4707924204, dropped 2017 | fund | $0 GAV 2016 | 30 | 2012* to 2016 | unknown | Dropped 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
- T••••• a• C••••••, Phoenix, AZ (single_family_rental) “197-unit bungalow style single-story homes for a single family rental community developed as the last phase of a master-planned community near the entrance of the C•••••• Master Plan”
- S••••• B•• P••••••••, Phoenix, AZ (single_family_rental) “Opportunity to develop three “high density” build-to-rent communities at Queen Creek, Glendale and Surprise, in the Phoenix MSA, designed as 1- and 2-bedroom single-story units (duplex and detached) with gated entry and resort-style amenities.”
- R•••• L••••••, Tampa, FL (single_family_rental) “A planned 260-unit build-to-rent residential community located in Pasco County, FL.”
- U•••• P•••, Tampa, FL (land) “1,559 lot masterplan residential development in New Tampa, FL”
- S••••• S••••, Houston, TX (land) “3,800 acres planned for approximately 7,500 single family homes, commercial and retail, in the Houston, TX area”
- I•• • G••••, Hackensack, NJ (multifamily) “Two building 389-unit multifamily development project in Hackensack, NJ located one block off Main Street and walkable to primary retail and employment”
- W••••• E•••, Dallas, TX (multifamily) “A 582-unit Class A multifamily complex located in the Las Colinas/Irving employment hub”
- A•••• S••••••• P•••, Las Vegas, NV (multifamily) “A•••• S••••••• P•••, a 324-unit multifamily development, located on a 5.25-acre opportunity zone site in the S••••••• P••• master plan in Downtown Las Vegas”
- 1•• C••••••• C•••••, Dallas, TX (industrial) “Acquisition of 16.6 acres land to develop a 272,160 SF rear load warehouse in the Dallas/Fort Worth A•••••• Submarket with frontage on Highway 121.”
- G••••••• A•••••• L•••••••• C•••••, G•••••••, AZ (industrial) “Development of 490,320 SF of Class A industrial distribution space on 30.3 acres of developable land located in G••••••• Gateway S••••, a 221-acre master-planned industrial park directly north of the G••••••• A••••••”
- I•••••••, São Paulo (office) “Class A corporate office tower on a 2.2 acre site featuring 35,000 sqm of leasable area, in the heart of F•••• L•••, the premier office district of São Paulo.”
- V•••• F•••• L•••, São Paulo (office) “17-story, Class AAA office project in F•••• L•••, the premier office district in São Paulo, with convenient access to both F•••• L••• and Juscelino Kubitschek Avenue”
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
- S••••• A••••• T•••••••• Ceo And Chief Investment Officer since 2000-03
- R••••• K••••• V•••••••• Partner since 2006-10
- A•••• L••••••••• S•••••• Trustee since 2007-05
- T••••• M••••• S•••••• Manager And Member since 2007-12
- J••• R•••••••• T••••••• Partner since 2007-12
- T••••• M••• F•••••••• Chief Operating Officer / General Counsel / Partner since 2012-03
- A•••••• J••• S•••• Chief Compliance Officer since 2022-04
- P•••• N•• C•••••• Partner since 2022-07
- R••••• D••••• M••••• Partner since 2022-07
- E•••• A•••••• M••••••• Partner since 2022-07
- M••••••••• V•• D•••• Partner since 2022-07
- A••• G••••• P••••••••• Chief Financial Officer since 2024-10
What is changing?
- GAV reading quarantined Oct 18, 2024 (observed) G••• B••••• R••• E••••• F••• I••• L•: 2024 gross asset value $24,327,321 quarantined (vehicle_gav_year_outlier)
- Vehicle first reported Mar 29, 2024 (observed) G••• U• R••••••••• S••••••••• S•••••••• P••••••• F••• L• first reported on Form ADV by G••• P•••••••, GAV $15,367,715
- Vehicle dropped from ADV Mar 29, 2024 (observed) S••••••••• C•••••••• L• no longer reported on Form ADV by G••• P•••••••
- Vehicle dropped from ADV Mar 29, 2024 (observed) S••••••••• S•••• no longer reported on Form ADV by G••• P•••••••
- Vehicle first reported Mar 29, 2024 (observed) G••• L•••••••• P••••••• I• S•••• first reported on Form ADV by G••• P•••••••, GAV $19,629,766
- Vehicle dropped from ADV Mar 29, 2024 (observed) G••• D••••••••• C•••••••• S••••• no longer reported on Form ADV by G••• P•••••••
- Vehicle first reported Mar 29, 2024 (observed) G••• U• R••••••••• S••••••••• S•••••••• F••• L• first reported on Form ADV by G••• P•••••••, GAV $191,661,515
- Vehicle first reported Mar 30, 2022 (observed) G••• B••••• R••• E••••• F••• I••• L• first reported on Form ADV by G••• P•••••••, GAV $1,531,159
- Vehicle dropped from ADV Mar 30, 2022 (observed) G••• H•• V• C•••••••• L• no longer reported on Form ADV by G••• P•••••••
- Vehicle first reported Mar 30, 2020 (observed) G••• V••• L• first reported on Form ADV by G••• P•••••••, GAV $43,039,082
- Vehicle dropped from ADV Mar 30, 2020 (observed) G••• A••••• C•••••••• L• no longer reported on Form ADV by G••• P•••••••
- Vehicle dropped from ADV Mar 30, 2020 (observed) G••• H•• V• L••••• C•••••••• L• no longer reported on Form ADV by G••• P•••••••
- Vehicle dropped from ADV Mar 30, 2020 (observed) G•••••• V••••••• I• L• no longer reported on Form ADV by G••• P•••••••
- Vehicle dropped from ADV Mar 31, 2019 (observed) G••• R•••••• E••••• L• no longer reported on Form ADV by G••• P•••••••
- Vehicle dropped from ADV Mar 31, 2019 (observed) G••• B••••• S••••• C•••••••• L• no longer reported on Form ADV by G••• P•••••••
- Vehicle dropped from ADV Mar 31, 2019 (observed) G••• H•••••• I• L• no longer reported on Form ADV by G••• P•••••••
- Vehicle dropped from ADV Mar 31, 2019 (observed) G••• R•••••• M••• L••••• L• no longer reported on Form ADV by G••• P•••••••
- Vehicle first reported Mar 31, 2019 (observed) O••••••• S•• P•••• P•••••••• H•••• E••••••••• F••• L• first reported on Form ADV by G••• P•••••••, GAV $55,303,546
- Vehicle dropped from ADV Mar 31, 2019 (observed) G••• S•••••••• C•••••••• L• no longer reported on Form ADV by G••• P•••••••
- Vehicle first reported Mar 30, 2018 (observed) G••• D••••••••• C•••••••• S••••• first reported on Form ADV by G••• P•••••••, GAV $34,285,087
- Vehicle first reported Mar 30, 2018 (observed) G••• U• P••••••• I••••• P••••••• S••••• first reported on Form ADV by G••• P•••••••, GAV $45,635,383
- Vehicle first reported Mar 31, 2017 (observed) S••••••••• C•••••••• L• first reported on Form ADV by G••• P•••••••, GAV $7,187,197
- Vehicle dropped from ADV Mar 31, 2017 (observed) G••• H•••••• I• L••••• L• no longer reported on Form ADV by G••• P•••••••
- Vehicle first reported Mar 31, 2017 (observed) S••••••••• S•••• first reported on Form ADV by G••• P•••••••, GAV $38,527,036
- Vehicle first reported Mar 31, 2017 (observed) G••• B••••• R••• E••••• F••• I•• • D• L• first reported on Form ADV by G••• P•••••••, GAV $14,522
- Vehicle first reported Mar 31, 2017 (observed) G••• H•• V• C•••••••• L• first reported on Form ADV by G••• P•••••••, GAV $6,055,033
- Vehicle first reported Mar 31, 2017 (observed) G••• H•• V• L••••• C•••••••• L• first reported on Form ADV by G••• P•••••••, GAV $19,023,386
- Vehicle first reported Apr 19, 2016 (observed) G••• B••••• R••• E••••• F••• I•• • B• L• first reported on Form ADV by G••• P•••••••
- Vehicle first reported Apr 19, 2016 (observed) G••• B••••• R••• E••••• F••• I•• • C• L• first reported on Form ADV by G••• P•••••••
- Vehicle first reported Aug 26, 2015 (observed) O••••••• B••••• I• H•••• I•••••••• F••• L• first reported on Form ADV by G••• P•••••••, GAV $69,728,869
Across DFX
Bridged 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.