Real estate investment companies, including private equity, are investment vehicles that pool together capital from various investors with the main goal of investing that capital directly into real estate properties or real estate-related investments. Real estate funds may invest in a variety of property types, including residential, commercial, industrial, or other specialized real estate.
Private equity real estate funds are a kind of real estate fund that is typically structured as limited partnerships. The fund manager, or general partner, raises capital from individual or institutional investors who become limited partners in the fund. These funds usually leverage their buying power to acquire high-value properties or real estate portfolios that would be too costly for individual investors.
These funds can generate returns for investors through rental income, property appreciation, and the profitable sale of properties. They can offer diversification to an investment portfolio and also carry risks such as property market downturns or liquidity constraints. Private equity real estate funds typically have a longer investment horizon, often several years, and may require investors to commit their capital for a set period.
Top 100 Real-Estate Investment Firms
| Rank | Name | Location | AUM ($ Billions) |
|---|
| 1 | BLACKSTONE REAL ESTATE ADVISORS | New York, NY | $128.5B |
| 2 | BLACKSTONE PROPERTY ADVISORS | New York, NY | $65.1B |
| 3 | BROOKFIELD ASSET MANAGEMENT PIC US | New York, NY | $62.1B |
| 4 | TCI FUND MANAGEMENT LIMITED | London, | $46.7B |
| 5 | BRIDGE INVESTMENT GROUP | Sandy, UT | $41.5B |
| 6 | CLARION PARTNERS | New York, NY | $32.5B |
| 7 | STOCKBRIDGE CAPITAL GROUP | San Francisco, CA | $21.9B |
| 8 | BLACKSTONE REAL ESTATE SPECIAL SITUATIONS ADVISORS | New York, NY | $17.6B |
| 9 | TISHMAN SPEYER PROPERTIES | New York, NY | $16.5B |
| 10 | ROCKPOINT | Dallas, TX | $16.5B |
| 11 | DIVCO WEST REAL ESTATE SERVICES | San Francisco, CA | $16.4B |
| 12 | AFFINIUS CAPITAL | San Antonio, TX | $15.4B |
| 13 | TPG REAL ESTATE ADVISORS | Fort Worth, TX | $14.8B |
| 14 | EXETER PROPERTY GROUP | Radnor, PA | $14.7B |
| 15 | WALTON STREET CAPITAL | Chicago, IL | $14.5B |
| 16 | MSREF REAL ESTATE ADVISOR | New York, NY | $12.7B |
| 17 | AFFINIUS CAPITAL | New York, NY | $12.3B |
| 18 | ROCKWOOD CAPITAL | New York, NY | $12.2B |
| 19 | PCCP | Los Angeles, CA | $12.2B |
| 20 | INVESCO REAL ESTATE MANAGEMENT S.À R.L. | Luxembourg, | $11.4B |
| 21 | AERMONT CAPITAL MANAGEMENT S.A R.L. | Luxembourg, | $11.4B |
| 22 | RELATED FUND MANAGEMENT | New York, NY | $11B |
| 23 | STEPSTONE GROUP REAL ESTATE | La Jolla, CA | $9.7B |
| 24 | AXA REIM SGP | Paris LA Defense, | $9.7B |
| 25 | NORTHWOOD INVESTORS | Denver, CO | $9.5B |
| 26 | BGO US REAL ESTATE | New York, NY | $9.2B |
| 27 | CBRE INVESTMENT MANAGEMENT INDIRECT LIMITED | London, | $9.1B |
| 28 | MADISON INTERNATIONAL REALTY HOLDINGS | New York, NY | $8B |
| 29 | BAIN CAPITAL REAL ESTATE | Boston, MA | $7.8B |
| 30 | IPI PARTNERS | Chicago, IL | $7.7B |
| 31 | ARTEMIS REAL ESTATE PARTNERS | Chevy Chase, MD | $7.5B |
| 32 | PRIME FINANCE ADVISOR | San Francisco, CA | $7.4B |
| 33 | BANNER Oak CAPITAL PARTNERS | Dallas, TX | $7.2B |
| 34 | GLP CAPITAL PARTNERS | Santa Monica, CA | $7.2B |
| 35 | NREP AB | 111 53 Stockholm, | $7.1B |
| 36 | ALLIANZ REAL ESTATE GMBH | Munich, Bavaria, | $7.1B |
| 37 | ASANA PARTNERS | Charlotte, NC | $6.9B |
| 38 | GLOBAL FOREST PARTNERS | Lebanon, NH | $6.9B |
| 39 | ADELIE INVESTMENT MANAGEMENT | Port Louis, | $6.7B |
| 40 | ELMTREE FUNDS | St. Louis, MO | $6.6B |
| 41 | RIALTO CAPITAL MANAGEMENT | Miami, FL | $6.6B |
| 42 | NUVEEN INVESTMENT MANAGEMENT INTERNATIONAL LIMITED | London, | $5.9B |
| 43 | CARMEL PARTNERS | San Francisco, CA | $5.7B |
| 44 | BEACON CAPITAL PARTNERS | Boston, MA | $5.7B |
| 45 | ALPHA INVESTMENT PARTNERS LIMITED | Singapore, | $5.6B |
| 46 | CORUM ASSET MANAGEMENT | Paris, | $5.5B |
| 47 | CBRE INVESTMENT MANAGEMENT ASIA PACIFIC PTE. | Singapore, | $5.5B |
| 48 | CRESCENT REAL ESTATE | Fort Worth, TX | $5.3B |
| 49 | GEM REALTY CAPITAL | Chicago, IL | $5.2B |
| 50 | GREYSTAR INVESTMENT GROUP | Charleston, SC | $5.2B |
| 51 | LASALLE INVESTMENT MANAGEMENT ASIA PTE. | Singapore, | $5.1B |
| 52 | ABACUS CAPITAL GROUP | New York, NY | $5B |
| 53 | IDR INVESTMENT MANAGEMENT | Independence, OH | $5B |
| 54 | RXR ASSET MANAGEMENT | Uniondale, NY | $4.8B |
| 55 | INVICTUS CAPITAL PARTNERS | Washington, DC | $4.7B |
| 56 | MEADOW CAPITAL MANAGEMENT | New York, NY | $4.6B |
| 57 | CABOT PROPERTIES | Boston, MA | $4.5B |
| 58 | VANBARTON GROUP | New York, NY | $4.1B |
| 59 | ROCKBRIDGE CAPITAL | Columbus, OH | $3.9B |
| 60 | NIAM AB | Stockholm, | $3.9B |
| 61 | BENTALLGREENOAK STRATEGIC CAPITAL PARTNERS | New York, NY | $3.8B |
| 62 | WATERTON INVESTMENT ADVISER | Chicago, IL | $3.7B |
| 63 | AVANATH CAPITAL MANAGEMENT | Irvine, CA | $3.6B |
| 64 | BLACKSTONE REAL ESTATE ADVISORS EUROPE | New York, NY | $3.5B |
| 65 | MCR FUND MANAGEMENT | Dallas, TX | $3.5B |
| 66 | FCP | Chevy Chase, MD | $3.4B |
| 67 | LUBERT-ADLER MANAGEMENT | Philadelphia, PA | $3.4B |
| 68 | BLACKROCK ASSET MANAGEMENT NORTH ASIA LIMITED | Hong Kong, | $3.4B |
| 69 | GCP INVESTMENT ADVISOR | Chicago, IL | $3.3B |
| 70 | TGM ASSOCIATES | New York, NY | $3.2B |
| 71 | PROPRIUM CAPITAL PARTNERS | Stamford, CT | $3.1B |
| 72 | PENNYBACKER CAPITAL MANAGEMENT | Austin, TX | $3B |
| 73 | ACRE MANAGER | New York, NY | $3B |
| 74 | PROSPECT RIDGE | New York, NY | $2.9B |
| 75 | DUNE REAL ESTATE PARTNERS | New York, NY | $2.9B |
| 76 | CANYON PARTNERS REAL ESTATE | Dallas, TX | $2.8B |
| 77 | BREAKTHROUGH PROPERTIES | Los Angeles, CA | $2.8B |
| 78 | AERMONT CAPITAL | London, | $2.8B |
| 79 | 3650 REIT INVESTMENT MANAGEMENT | Miami, FL | $2.7B |
| 80 | BERKSHIRE PROPERTY ADVISORS | Boston, MA | $2.7B |
| 81 | ORION CAPITAL MANAGERS | London, | $2.7B |
| 82 | PATRON CAPITAL ADVISERS | London, | $2.7B |
| 83 | TERRACAP MANAGEMENT | Naples, FL | $2.5B |
| 84 | PAGAYA INVESTMENTS US | New York, NY | $2.5B |
| 85 | EUROPA CAPITAL | London, | $2.5B |
| 86 | WHITE Oak PARTNERS INVESTMENT ADVISOR | Westerville, OH | $2.4B |
| 87 | SLATE ADVISORY SERVICE US | Chicago, IL | $2.4B |
| 88 | AJ CAPITAL MANAGEMENT | Nashville, TN | $2.3B |
| 89 | MAXIM CAPITAL GROUP | New York, NY | $2.3B |
| 90 | D/B/A DAVIS COMPANIES OR DAVIS | Boston, MA | $2.2B |
| 91 | KILDARE PARTNERS US | Westlake, TX | $2.2B |
| 92 | FAIRFIELD REALTY ADVISORS | San Diego, CA | $2.2B |
| 93 | MILESTONE REAL ESTATE GROUP | Dallas, TX | $2.2B |
| 94 | SINGERMAN REAL ESTATE MANAGEMENT | Chicago, IL | $2.1B |
| 95 | TRANSWESTERN INVESTMENT MANAGEMENT | Dallas, TX | $2B |
| 96 | RESMARK EQUITY PARTNERS | Los Angeles, CA | $2B |
| 97 | HEARTHSTONE INC. A CALIFORNIA | Calabasas, CA | $2B |
| 98 | LONGPOINT REALTY PARTNERS | Boston, MA | $2B |
| 99 | ENCORE HOUSING OPPORTUNITY FUND INVESTMENT MANAGER | Boca Raton, FL | $1.9B |
| 100 | FILLMORE CAPITAL PARTNERS | Columbus, OH | $1.9B |