Blackstone Real Estate Income Advisors L.L.C. (New York)

Name: Blackstone Real Estate Income Advisors L.L.C.
Address: 345 Park Avenue, New York, NY, 10154
Telephone: 212-583-5000

Blackstone Real Estate Income Advisors L.L.C. is an investment adviser to an investment company based in New York. It manages $1.45 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2014.

Blackstone Real Estate Income Advisors L.L.C provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Blackstone Real Estate Income Advisors L.L.C: assets under management

The assets under management (AUM) of Blackstone Real Estate Income Advisors L.L.C. is $1.45 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 724232% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.45 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $482.89 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blackstone Real Estate Income Advisors L.L.C. 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 Blackstone Real Estate Income Advisors L.L.C serves?

The only and largest group of clients of Blackstone Real Estate Income Advisors L.L.C is investment companies with 3 clients and $1.45 billion of assets under management. Among the 9 most similar advisory firms, Blackstone Real Estate Income Advisors L.L.C has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.45 billion for 3 clients. None of the firm’s clients are foreign persons or businesses.

Blackstone Real Estate Income Advisors L.L.C doesn't advise any private funds.

Careers at Blackstone Real Estate Income Advisors L.L.C.

The company employs 119 people that are either part- or full-time employees. 68 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
Jonathan David Gray	Global head of real estate	1 Jan 2006	Other	2289544
Michael Bruce Nash	Chief investment officer of registrant	1 Nov 2013	Other	3078244
Judy Turchin	General counsel and chief compliance officer of registrant	1 Nov 2013	Other	5421525
Blackstone Real Estate Special Situations Advisors L.L.C.	Sole member	1 Nov 2013	75% - 100%	26-1699805
Randall Scott Rothschild	Chief operating officer of registrant	1 Nov 2013	Other	4944893
Jonathan David Gray	Global head of real estate	1 Nov 2013	Other	2289544
Kenneth Alan Caplan	Global real estate chief investment officer	1 Nov 2013	Other	2649076
Laurence Anthony Tosi	Senior managing director	1 Nov 2013	Other	4876604
John Gary Finley	Chief legal officer	1 Nov 2013	Other	5837491
Paul Daniel Quinlan	Global real estate chief financial officer	1 Jan 2015	Other	4165998
Kathleen T. Mccarthy Baldwin	Global real estate chief operating officer	1 Jan 2015	Other	3243119
Kathleen Theresa Mccarthy Baldwin	Global real estate chief operating officer	1 Jan 2015	Other	3243119
Jonathan Lee Pollack	Global head of blackstone real estate debt strategies	1 Jul 2015	Other	4016347
Farhad Mawji Karim	Global real estate general counsel	1 Jan 2017	Other	6773840
Leonid Volchyok	Global real estate chief compliance officer	1 Sep 2017	Other	6255368
Patrick John Kassen	Chief compliance officer and managing director	1 Dec 2017	Other	6179188
Kathleen Theresa Mccarthy Baldwin	Global co-head of real estate	1 Feb 2018	Other	3243119
Kenneth Alan Caplan	Global co-head of real estate	1 Feb 2018	Other	2649076

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Blackstone Holdings I/Ii Gp Inc.	General partner	1 Jun 2007	Other	26-0238303
The Blackstone Group L.P.	Shareholder	1 Jun 2007	75% - 100%	20-8875684
Blackstone Holdings I/Ii Gp Llc	General partner	1 Jun 2007	Other	26-0238303
The Blackstone Group Inc.	Sole member	1 Jun 2007	75% - 100%	20-8875684
Blackstone Holdings I L.P.	Sole member	1 Dec 2007	75% - 100%	26-0288589

Based in New York

The principal office where Blackstone Real Estate Income Advisors L.L.C. performs its advisory services is located at 345 Park Avenue, New York, NY 10154, which is also the mailing address of the firm. An additional office of the firm is in Santa Monica, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-583-5000 or by fax 212-583-5749. The normal business hours are 9:00 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at blackstone.com.