DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Blackstone Real Estate Income Advisors L.L.C.

Former SEC-registered adviserNew York, New YorkCRD 170801SEC 801-79357IAPD
Latest filing Feb 9, 2022
First filing on the tape Mar 7, 2014 · 13 filings
RAUM
$647M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
192
79 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$647M as of Mar 31, 2021
Mar 31, 2015$568M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2021
Mar 31, 20150 then
Employees (5.A)192 as of Mar 31, 2021
Mar 31, 201535 then
Private funds: no history
RAUM -49% over the last fiscal year-25% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Feb 9, 2022; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$216MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
-49%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 5.G
Ownership
controlled by a public reporting companyderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$647M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Alan Kenneth Caplan · Global Co-Head Of Real Estatecontrol
        since 02/2018 · owns less than 5%
      • Mawji Farhad Karim · Global Real Estate General Counselcontrol
        since 01/2017 · owns less than 5%
      • Aaron Scott Mathias · Chief Compliance Officercontrol
        since 01/2021 · owns less than 5%
      • Theresa Kathleen Mccarthy-Baldwin · Global Co-Head Of Real Estatecontrol
        since 02/2018 · owns less than 5%
      • Bruce Michael Nash · Chairman Of Blackstone Real Estate Debt Strategiescontrol
        since 11/2013 · owns less than 5%
      • Lee Jonathan Pollack · Global Head Of Blackstone Real Estate Debt Strategiescontrol
        since 07/2015 · owns less than 5%
      • Daniel Paul Quinlan · Real Estate Chief Financial Officercontrol
        since 01/2015 · owns less than 5%
      Entity owners
      • Blackstone Real Estate Special Situations Advisors L.L.C. · Sole Member
        direct · owns 75% or more
      • Blackstone Holdings I L.P. · Sole Member
        indirect · owns 75% or more of Blackstone Real Estate Special Situations Advisors L.L.C.
      • Blackstone Holdings I/II Gp LLC · General Partner
        indirect · owns F of Blackstone Holdings I L.P.
      • The Blackstone Group Inc. · Sole Member
        indirect · owns 75% or more of Blackstone Holdings I/II Gp LLC
      Related persons
      Schedule D 7.A
      Advisers that list Blackstone Real Estate Income Advisors L.L.C. as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Santa Monica, CA4 employees
      What changed
      consecutive filings, newest first
      • Advisory employees · 89 to 79
        Jan 27, 2021 to Mar 31, 2021
      • Employees · 129 to 192
        Jan 27, 2021 to Mar 31, 2021
      • Discretionary RAUM · $1.3B to $647M
        Jan 27, 2021 to Mar 31, 2021
      • RAUM · $1.3B to $647M
        Jan 27, 2021 to Mar 31, 2021
      • Advisory employees · 81 to 89
        Jul 15, 2019 to Mar 30, 2020
      • BD registered reps · 25 to 26
        Jul 15, 2019 to Mar 30, 2020
      • Employees · 119 to 129
        Jul 15, 2019 to Mar 30, 2020
      • Discretionary RAUM · $1.4B to $1.3B
        Jul 15, 2019 to Mar 30, 2020
      • RAUM · $1.4B to $1.3B
        Jul 15, 2019 to Mar 30, 2020
      • Advisory employees · 99 to 81
        Mar 30, 2018 to Mar 29, 2019
      • BD registered reps · 21 to 25
        Mar 30, 2018 to Mar 29, 2019
      • Employees · 140 to 119
        Mar 30, 2018 to Mar 29, 2019
      • Other offices · 5 to 1
        Mar 30, 2018 to Mar 29, 2019
      • Discretionary RAUM · $1.5B to $1.4B
        Mar 30, 2018 to Mar 29, 2019
      • RAUM · $1.5B to $1.4B
        Mar 30, 2018 to Mar 29, 2019
      • Accounts · 4 to 3
        Jan 26, 2018 to Mar 30, 2018
      • Advisory employees · 56 to 99
        Jan 26, 2018 to Mar 30, 2018
      • BD registered reps · 18 to 21
        Jan 26, 2018 to Mar 30, 2018
      • Employees · 121 to 140
        Jan 26, 2018 to Mar 30, 2018
      • Discretionary RAUM · $1.7B to $1.5B
        Jan 26, 2018 to Mar 30, 2018
      • RAUM · $1.7B to $1.5B
        Jan 26, 2018 to Mar 30, 2018
      • Other offices · unset to 5.0
        Sep 25, 2017 to Jan 26, 2018
      • Advisory employees · 13 to 56
        Mar 30, 2016 to Mar 30, 2017
      • BD registered reps · 10 to 18
        Mar 30, 2016 to Mar 30, 2017
      • Employees · 45 to 121
        Mar 30, 2016 to Mar 30, 2017
      • Discretionary RAUM · $820M to $1.7B
        Mar 30, 2016 to Mar 30, 2017
      • RAUM · $820M to $1.7B
        Mar 30, 2016 to Mar 30, 2017
      • Accounts · 3 to 4
        Mar 31, 2015 to Mar 30, 2016
      • Advisory employees · 8 to 13
        Mar 31, 2015 to Mar 30, 2016
      • BD registered reps · 11 to 10
        Mar 31, 2015 to Mar 30, 2016
      • Employees · 35 to 45
        Mar 31, 2015 to Mar 30, 2016
      • Discretionary RAUM · $568M to $820M
        Mar 31, 2015 to Mar 30, 2016
      • RAUM · $568M to $820M
        Mar 31, 2015 to Mar 30, 2016
      • Advisory employees · 3 to 8
        Mar 7, 2014 to Mar 31, 2015
      • Advisory activities · 2 to 1
        Mar 7, 2014 to Mar 31, 2015
      • BD registered reps · 9 to 11
        Mar 7, 2014 to Mar 31, 2015
      • Employees · 21 to 35
        Mar 7, 2014 to Mar 31, 2015
      • Discretionary RAUM · $200,000 to $568M
        Mar 7, 2014 to Mar 31, 2015
      • RAUM · $200,000 to $568M
        Mar 7, 2014 to Mar 31, 2015
      Signals
      4 dated events
      • Blackstone Real Estate Income Advisors L.L.C. reported RAUM $647.2M, down 49% from $1.3B (2021-01-27 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • John Patrick Kassen (Chief Compliance Officer) no longer on Schedule A of Blackstone Real Estate Income Advisors L.L.C. (listed 2020-03-30, absent 2021-01-27)
        Jan 27, 2021 · Control person left · inference
      • Aaron Scott Mathias (Chief Compliance Officer) appeared on Schedule A of Blackstone Real Estate Income Advisors L.L.C.
        Jan 27, 2021 · Control person joined · fact
      • Blackstone Real Estate Income Advisors L.L.C. filed its initial SEC registration (Form ADV)
        Mar 7, 2014 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026