Metropolitan Real Estate Equity Management, LLC (New York)
Metropolitan Real Estate Equity Management, LLC is a large advisory firm based in New York. It manages $2.65 billion of regulatory assets for 90 client accounts. It has been registered with the SEC as an adviser since 2005.
Metropolitan Real Estate Equity Management provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Metropolitan Real Estate Equity Management: assets under management
The assets under management (AUM) of Metropolitan Real Estate Equity Management, LLC is $2.65 billion. The firm's AUM has grown by 563% since the beginning of its operation, and $594.46 million of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Metropolitan Real Estate Equity Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Metropolitan Real Estate Equity Management serves?
The only and largest group of clients of Metropolitan Real Estate Equity Management is pooled investment vehicles with 91 clients and $2.65 billion of assets under management. Among the 7 most similar advisory firms, Metropolitan Real Estate Equity Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.65 billion for 91 clients. 5% of the firm’s clients are foreign persons or businesses.
Metropolitan Real Estate Equity Management also advises several private funds. Namely, eighty nine real estate funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $100,000,000.
Careers at Metropolitan Real Estate Equity Management, LLC
The company employs 37 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 9 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 5 indirect owners.Based in New York
The principal office where Metropolitan Real Estate Equity Management, LLC performs its advisory services is located at 299 Park Avenue, New York, NY 10171, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 646-735-4361 or by fax 646-735-4232. The normal business hours are 9:00-17:00 on Monday - Friday. You can find more information about the New York firm at mreem.com/ and its LinkedIn profile.
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