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Manager

S••••••• A••••••• S•••••••• L••

CRD 148975SEC 801-69775Bellair Bluffs, FLs•••••••••.comunder $1BDebt
Form ADV on IAPD
What capital do they manage?
Real estate GAV
$214M GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
Vehicles
1 current, 3 ever, 2 dropped0 feeders, 0 funds of funds
First on the tape
2012the extract starts in 2011; an earlier history is not visible
Latest filing
Mar 28, 2024registered adviser
Adviser RAUM
$214Mthe whole adviser, all strategies; used for the quarantine test only
Fund types on the latest filing
Real Estate Fund 1
Latest vintage
2015from a fund name year or the first ADV report after the adviser's first filing
What do they say they do?
confirmed
Strategy
Debt
Operator model
Hybridbasis: stated
Property types
Multifamilybasis: stated
Markets
United Statesbasis: stated
Business kind (site)
REAL_ESTATE_MANAGER
AUM in its own words
••• Lockedthe manager's statement, not a DFX figure
In the manager’s own words
  • Debt:S•••••••’s Real Estate portfolio includes preferred equity investments in Real Estate partnerships as well as bridge, interim, construction and permanent loans.
  • Multifamily:S••••••• Financial Services is a highly respected provider of project-based preferred equity and debt financing for Multi-Family Real Estate projects.
  • United States:The portfolio consists of assets located throughout the United States.
Vehicles
3 on Form ADV
VehicleKindGAVOwnersReportedVintageLifecycleLifecycleName saysLPs
S••••••• M••••••• T••••
805-5771689216
fund$214M GAV 202432015 to 20242015HarvestingDebt
2 dropped, re-typed or historical vehicles
VehicleKindGAVOwnersReportedVintageLifecycleLifecycleName saysLPs
S•• B••••••• R••• E••••• F••• I• L•
805-1843628605, dropped 2021
fund$2M GAV 202032015 to 20202015Dropped from ADV
S••••••• E••••• R•••
805-5728107672, dropped 2023
REIT$59,743 GAV 202252015 to 20222015Dropped from ADVREIT sponsor
What do they actually own?
0 trusted of 1 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
  • R••••• J••••• B•••• Trustee since 1991-06
  • T•••••• S••••• F••••• Manager And Co-Chief Executive Officer since 2019-03
  • C••••••••• G••••• D••• Manager And Co-Chief Executive Officer since 2019-03
  • J••••• R••••• Manager And Executive Vice President since 2023-02
  • K••••••••• A•••• D••••• Manager And Chief Financial Officer, Treasurer And Secretary since 2024-01
What is changing?
  • Vehicle dropped from ADV Mar 31, 2023 (observed) S••••••• E••••• R••• no longer reported on Form ADV by S••••••• A••••••• S•••••••• L••
  • Vehicle dropped from ADV Mar 30, 2021 (observed) S•• B••••••• R••• E••••• F••• I• L• no longer reported on Form ADV by S••••••• A••••••• S•••••••• L••
  • Vehicle first reported Mar 30, 2015 (observed) S••••••• E••••• R••• first reported on Form ADV by S••••••• A••••••• S•••••••• L••, GAV $67,345,670
  • Vehicle first reported Mar 30, 2015 (observed) S•• B••••••• R••• E••••• F••• I• L• first reported on Form ADV by S••••••• A••••••• S•••••••• L••, GAV $2,822,112
  • Vehicle first reported Mar 30, 2015 (observed) S••••••• M••••••• T•••• first reported on Form ADV by S••••••• A••••••• S•••••••• L••, GAV $191,529,904
  • First ADV filing on the tape Apr 2, 2012 (observed) S••••••• A••••••• S•••••••• L•• first filed Form ADV in the extract (IA)
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.