{"url":"https://nivawealth.com/firms/msref-real-estate-advisor-142047","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/142047","regulatoryAum":15770404509,"crd":"142047","secFileNumber":"801-67286","legalName":"Msref Real Estate Advisor, Inc.","displayName":"Msref Real Estate Advisor","website":null,"founded":null,"organization":"Delaware corporation","fiscalYearEnd":"December","headquarters":{"street":"1585 Broadway, Morgan Stanley Investor Services","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10036"},"tradeNames":[],"registration":{"secApproved":"5 December 2006","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":372,"advisory":170,"brokerDealerReps":21,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":15387852033,"discretionaryAccounts":24,"nonDiscretionary":382552476,"nonDiscretionaryAccounts":2,"wrapProgram":null,"nonUsClientsPct":84,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":26,"regulatoryAum":15770404509}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Msref Real Estate Advisor has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Brian Niles","title":"Co-Chief Executive Officer of Morgan Stanley Real Estate Investing","crd":"2941131"},{"name":"Lauren Hochfelder","title":"Director, President and Head of Real Assets","crd":"4224582"},{"name":"Benjamin Huneke","title":"President and Managing Director of Morgan Stanley Investment Management","crd":"2796985"},{"name":"Christie Park","title":"Director and Chief Operating Officer of Morgan Stanley Real Assets Investing","crd":"3276900"},{"name":"Gauranga Pal","title":"Chief Compliance Officer","crd":"4916233"},{"name":"Toru Bando","title":"Chief Investment Officer of Morgan Stanley Real Estate Investing","crd":"7526167"},{"name":"Olivier De Poulpiquet","title":"Chairman of Morgan Stanley Real Estate Investing","crd":"5866941"},{"name":"Josephine Mortelliti","title":"Director, Global Head of Finance and Operation","crd":"3246029"},{"name":"Mustufa Salehbhai","title":"Chief Legal Officer","crd":"5066028"}],"ownership":[{"label":"Morgan Stanley","detail":"Sole shareholder in the 75% or more ownership band and a control person, since September 2006."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":16,"privateResidences":0},"listedOfficeAddresses":5,"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"11755 Wilshire BLVD","city":"Los Angeles"},{"street":"555 California Street","city":"San Francisco"}]},{"state":"Georgia","offices":1,"addresses":[{"street":"3280 Peachtree Road","city":"Atlanta"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"233 South Wacker Drive","city":"Chicago"}]},{"state":"New York","offices":1,"addresses":[{"street":"1585 Broadway, Morgan Stanley Investor Services","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-761-7160","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"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":[],"privateFunds":18},"sources":{"adv1FilingDate":"24 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/142047/PDF/142047.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Msref Real Estate Advisor have?","answer":"Msref Real Estate Advisor has 26 clients and manages $15.8 billion for them, as of July 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 24 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Msref Real Estate Advisor offer?","answer":"Msref Real Estate Advisor 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 Msref Real Estate Advisor have?","answer":"Msref Real Estate Advisor has 0 investment adviser representatives registered with state securities authorities, out of 372 employees, and 170 perform investment advisory functions. 21 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":"Who owns Msref Real Estate Advisor?","answer":"Msref Real Estate Advisor’s direct owner is Morgan Stanley (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 24 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Msref Real Estate Advisor get paid?","answer":"Msref Real Estate Advisor is paid through a percentage of assets under management, performance-based fees and other arrangements. 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."}