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.
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Vehicle
L••••••• R••• E••••• P••••••• V•••• L•••
What the adviser swears
- Gross asset value
- $3.7B GAV 2024assets on the filing date; never fund size, commitments or dry powder
- Beneficial owners
- 172
- Minimum investment
- $5.0M
- Ownership
- adviser and related 1%, funds of funds 7%, non-US 32%
- Structure
- master, fund of funds7.B.(1) fund of funds = Y
- Exclusion
- 3(c)(7)
- Jurisdiction
- DE, United States
- Form D file number
- 021-2763077.B.(1).A.22; the join to Form D is a later cycle
- First reported
- Jan 31, 2023
- Last reported
- 2024
- Vintage
- 2023basis: adv_first_reported
- Name says
- Opportunistic (R••• E••••• Partners V•••)
- Lifecycle
- Matureassets within 9% of the year before, 8 years reported
- Admission
- sworn as a Real Estate Fund
GAV by year
8 years reported
2017
no GAV10 owners
2018
$759M71 owners
2019
$1.0B118 owners
2020
$1.5B118 owners
2021
$1.5B118 owners
2022
$4.1B172 owners
2023
$4.1B172 owners
2024
$3.7B172 owners
Bound holdings
0 trusted of 0 candidate
No validated holdings yet. Candidate bindings stay off this page until their rule passes the blind-label gate.
A holding binds to a VEHICLE only when the owner name carries the vehicle’s stem and numeral; most holdings bind to the manager alone.
Who backs this vehicle?
2 allocators
- M•••••••• S•••• B•••• o• I••••••••• exact_name$150M committed, as of Jun 30, 2026 msbi.us
- N•• Y••• S•••• C••••• R••••••••• F••• exact_name$150M committed, as of Mar 31, 2025 osc.ny.gov
- M•••••• H••••••••• F••••••••• exact_name$2.2M fair value, as of Dec 31, 2024 apps.irs.gov
Placement agents and auditors
4 placement agents reported
- M•••••• P•••••• E••••• A••••••• U•• L•• placement agent of, third party
- W•• A• placement agent of, third party
- K• I••••••••• • S••••••••• C••• L••• placement agent of, third party
- L••••••••• S••••••••• U• L•• placement agent of, third party
Dated events
- Vehicle first reported Mar 31, 2017 (observed) L••••••• R••• E••••• P••••••• V•••• L••• first reported on Form ADV by L••••••• R•••ty Advisors LLC