{"url":"https://nivawealth.com/firms/blackstone-property-advisors-226598","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/226598","regulatoryAum":77395567830,"crd":"226598","secFileNumber":"801-96259","legalName":"Blackstone Property Advisors L.P.","displayName":"Blackstone Property Advisors","website":"https://www.blackstone.com","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"345 Park Avenue","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10154"},"tradeNames":[],"registration":{"secApproved":"13 May 2015","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":575,"advisory":391,"brokerDealerReps":28,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":57710125793,"discretionaryAccounts":87,"nonDiscretionary":19685442037,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":34,"nonAumClients":30},"clientTypes":[{"label":"Pooled investment vehicles","clients":89,"regulatoryAum":77057700320},{"label":"State or municipal government entities","clients":null,"regulatoryAum":337867510},{"label":"Insurance companies","clients":27,"regulatoryAum":0}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Blackstone Property Advisors has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Brett Newman","title":"Real Estate Chief Financial Officer","crd":"5348170"},{"name":"Madeleine Russo","title":"Chief Compliance Officer","crd":"6165432"},{"name":"Katharine Keenan","title":"Global Head of Core+ Real Estate","crd":"6044790"},{"name":"Nadeem Meghji","title":"Global Head of Real Estate","crd":"4981585"},{"name":"Carey Roberts","title":"General Counsel of Real Estate","crd":"8339868"}],"ownership":[{"label":"Blackstone Intermediary Holdco L.L.C","detail":"Limited partner of registrant in the 75% or more ownership band and a control person, since January 2024."},{"label":"Blackstone Holdings I/II GP LLC","detail":"Indirect owner: general partner of Blackstone Holdings I L.P. and a control person, since June 2007.","parent":"Blackstone Holdings I L.P."},{"label":"Blackstone Inc.","detail":"Indirect owner: a sole member of Blackstone Holdings I/II GP LLC in the 75% or more band and a control person, since June 2007.","parent":"Blackstone Holdings I/II GP LLC"},{"label":"Blackstone Holdings I L.P.","detail":"Indirect owner: a limited partner of Blackstone Group Holdings L.P. in the 75% or more band and a control person, since July 2011.","parent":"Blackstone Group Holdings L.P."},{"label":"Blackstone Securities Partners L.P.","detail":"Indirect owner: a sole member of Blackstone Intermediary Holdco L.L.C. in the 75% or more band and a control person, since July 2011.","parent":"Blackstone Intermediary Holdco L.L.C."},{"label":"Blackstone Group Holdings L.P.","detail":"Indirect owner: a limited partner of Blackstone Securities Partners L.P. in the 75% or more band and a control person, since July 2011.","parent":"Blackstone Securities Partners L.P."},{"label":"Blackstone Intermediary Holdco L.L.C.","detail":"Indirect owner: a sole member of BPP Advisors L.L.C. in the 75% or more band and a control person, since July 2011.","parent":"BPP Advisors L.L.C."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":14,"privateResidences":0},"listedOfficeAddresses":4,"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"100 Wilshire Boulevard, Suite 200","city":"Santa Monica"},{"street":"101 California Street, 44th Floor","city":"San Francisco"}]},{"state":"Florida","offices":1,"addresses":[{"street":"2 Miami Central, 700 NW 1st Ave","city":"Miami"}]},{"state":"New York","offices":1,"addresses":[{"street":"345 Park Avenue","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-583-5000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":70},{"label":"Other","percent":30,"detail":"Investments in Real Estate"}],"privateFunds":78},"sources":{"adv1FilingDate":"8 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/226598/PDF/226598.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Blackstone Property Advisors have?","answer":"Blackstone Property Advisors has 116 clients and manages $77.4 billion for them, as of September 2026. They include 89 pooled investment vehicles and 27 insurance companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 8 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Blackstone Property Advisors offer?","answer":"Blackstone Property Advisors provides portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Blackstone Property Advisors have?","answer":"Blackstone Property Advisors has 0 investment adviser representatives registered with state securities authorities, out of 575 employees, and 391 perform investment advisory functions. 28 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Blackstone Property Advisors invest in?","answer":"At the end of its last fiscal year, Blackstone Property Advisors’ separately managed accounts held 70% pooled vehicles (private funds and similar) and 30% investments in real estate. It advises 78 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Blackstone Property Advisors?","answer":"Blackstone Property Advisors is owned through a chain of holding companies by Blackstone Inc. Its direct owners are Blackstone Intermediary Holdco L.L.C (75% or more) and Blackstone Intermediary Holdco L.L.C. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 8 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Blackstone Property Advisors get paid?","answer":"Blackstone Property Advisors is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}