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Adviser Profile

As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 9
of those in investment advisory functions 6
Registration SEC, Approved, 8/13/2018
AUM* 440,935,813 -7.44%
of that, discretionary 440,935,813 -7.44%
Private Fund GAV* 440,980,813 -7.43%
Avg Account Size 62,990,830 -7.44%
SMA’s No
Private Funds 4
Contact Info 646 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
476M 408M 340M 272M 204M 136M 68M
2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeReal Estate Fund Count4 GAV$440,980,813

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Brochure Summary

Overview

Broadview Real Estate Partners, LLC (the “Adviser” or “Broadview”), is a Delaware limited liability company established in 2018. Larry Ellman, Jason Grossman, and Matthew Medearis are the owners of all of the membership interests in the Adviser. The Adviser provides advisory services to its privately offered pooled investment vehicles, Broadview Real Estate Partners Fund, LP and its related feeder fund (“BREP Fund”), BRV Partners Fund I, LP and its related feeder fund (“BRV Fund I”), BRV Partners Fund II, LP and its related feeder fund (“BRV Fund II”), and BRV Partners Funds III, LP (collectively the “Funds”). The Adviser may provide advisory services to additional pooled investment vehicles and other types of clients in the future. The primary focus of the Adviser’s advisory business is sourcing, underwriting, structuring, closing, and managing the Fund’s investments in real estate operating companies and real-estate related investments, in accordance with
the strategies set forth in the Fund’s offering documents and/or governing documents and agreements (collectively, “Governing Documents”). For a more extensive description of the Funds and the investment strategies that the Adviser uses in formulating investment advice and managing its Fund’s assets, please see Item 7 and Item 8 below. The Funds do not impose restrictions on the Adviser in relation to investing in certain securities or types of securities, except as may be set forth in their respective Governing Documents. If provided in the Fund’s Governing Documents, the application of certain of such restrictions may be waived, generally only with the approval of an “Advisory Committee” of the Funds, if applicable. The Fund’s Advisory Committee is generally comprised of representatives of a number of the underlying investors (each, an “Underlying Investor”) of the Funds. As of December 31, 2023, the Adviser manages $440,935,813 in discretionary assets.