MREC MANAGEMENT, LLC
Adviser information for MREC MANAGEMENT, LLC last updated from Form ADV on June 1st, 2023. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 10 |
|---|---|
| Investment Advisory/Research | 10 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 0 | $0 |
| Non-Discretionary | 4 | $432.3M |
| Total | 4 | $432.3M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 1 | $52.9M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 3 | $379.5M |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehiclesREAL ESTATE INVESTMENT MANAGEMENT |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-106735 |
|---|---|
| SEC ERA File Number | 801-106735 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 277076 |
| Legal Entity Identifier | None |
Principal Office
5221 ROUND MEADOW ROADHIDDEN HILLS
CA
United States
BY APPOINTMENT, BY APPOINTMENT
Tel: 310-929-4600, Fax: 310-943-3379
Chief Compliance Officer
AMANDEEP AHLUWALIA
ALL REMOTE WORK
ALL REMOTE WORK
ALL REMOTE WORK
CA
United States
Tel:
310-929-4600
Fax:
NONE
A***@************M
(Full email address available in API data)
Regulatory Contact
MARC PUGSLEY
GENERAL COUNSEL
ALL REMOTE WORK
ALL REMOTE WORK
ALL REMOTE WORK
CA
United States
Tel:
310-929-4603
M*@************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| MREC PDX CO-INVEST LLC | Real Estate Fund | $52.9M | $10.0M | 5 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| PENNER, ETHAN, HOSEA | Individual | – | MANAGING PARTNER | 04/2015 | < 5% |
| PENNER, ETHAN, HOSEA | Individual | LA REAL ESTATE FINANCE, LLC | MANAGING PARTNER | 04/2015 | > 75% |
| MOSAIC REAL ESTATE INVESTORS, LLC | Domestic Entity | – | MEMBER | 03/2016 | > 75% |
| PUGSLEY, MARC, JAMES | Individual | – | GENERAL COUNSEL | 01/2019 | < 5% |
| JULJAK, LLC | Domestic Entity | MOSAIC REAL ESTATE INVESTORS, LLC | MEMBER | 01/2019 | > 75% |
| LA REAL ESTATE FINANCE, LLC | Domestic Entity | JULJAK, LLC | MEMBER | 01/2020 | > 75% |
| AHLUWALIA, AMANDEEP, SINGH | Individual | – | CHIEF COMPLIANCE OFFICER | 07/2021 | < 5% |
| Haspel, Philip, Isaac | Individual | – | MANAGING DIRECTOR, HEAD OF ASSET MANAGEMENT | 07/2021 | < 5% |
| POWERS, THOMAS, MAURICE | Individual | – | CO-CIO | 02/2023 | < 5% |
| PISCINA, JOSEPH, ANTHONY | Individual | – | CO-CIO | 02/2023 | < 5% |