Singerman Real Estate Management Company, L.P. (Chicago)

Name: Singerman Real Estate Management Company, L.P.
Address: 980 N. Michigan Avenue, Chicago, IL, 60611
Telephone: 312-544-9645

Singerman Real Estate Management Company, L.P. is a large advisory firm based in Chicago. It manages $943.65 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Illinois.

Singerman Real Estate Management Company provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Singerman Real Estate Management Company: assets under management

The assets under management (AUM) of Singerman Real Estate Management Company, L.P. is $943.65 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 598% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $943.65 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $188.73 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Singerman Real Estate Management Company, L.P. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Singerman Real Estate Management Company serves?

The only and largest group of clients of Singerman Real Estate Management Company is pooled investment vehicles with 5 clients and $943.65 million of assets under management. Among the 10 most similar advisory firms, Singerman Real Estate Management Company has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $943.65 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Singerman Real Estate Management Company also advises several private funds. Namely, five real estate funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Singerman Real Estate Management Company, L.P.

The company employs 17 people that are either part- or full-time employees. 82 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Seth William Singerman	Managing principal & founder	1 Dec 2011	75% - 100%	6216128
Llc Singerman Real Estate	General partner	1 Dec 2011	Other	27-3474899
Charles Hosmer Kellogg	Principal, chief financial officer, chief operating officer & chief compliance officer	1 Mar 2012	Other	6216131

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Seth William Singerman	Sole member	1 Jun 2010	75% - 100%	6216128

Based in Chicago

The principal office where Singerman Real Estate Management Company, L.P. performs its advisory services is located at 980 N. Michigan Avenue, Chicago, IL 60611, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-544-9645 or by fax 312-475-9303. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at singermanre.com.