New Wave Loans Residential provides portfolio management for pooled vehicles. The firm advises 1 private fund.
New Wave Loans Residential reports 4 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($787M across 4 accounts) are managed with discretion. Of its clients, 50% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 4 | $787M | 100.0% | $197M |
| Total | 4 | $787M | 100% | $197M |
- Clients
- 4
- Regulatory AUM
- $787M
- AUM share
- 100.0%
- Avg. per client
- $197M
Total
- Clients
- 4
- Regulatory AUM
- $787M
- AUM share
- 100%
- Avg. per client
- $197M
- Clients outside the U.S.
- 50%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
New Wave Loans Residential is paid through other compensation; its fees and minimums are set out in its brochures on the SEC website.
Joel Eidelstein owns 25% to 50% of New Wave Loans Residential. The leadership team of New Wave Loans Residential includes President Joel Eidelstein. It has 16 employees, 2 of them in advisory roles.
Leadership
- Joel EidelsteinPresident & CCO
- Mark FeldmanMember
- Alexandra Nussenbaum BlahaOwner
- Ryan PowersOwner
Staff
- 16 employees
- 2 in advisory functions
- Owns 25% to 50% of New Wave Loans Residential, LLC
Joel Eidelstein
Control person · since April 2025
- Owns 25% to 50% of New Wave Loans Residential, LLC
Mark Feldman
Control person · since April 2025
- Owns 10% to 25% of New Wave Loans Residential, LLC
Alexandra Nussenbaum Blaha
since August 2024
- Owns 10% to 25% of New Wave Loans Residential, LLC
Ryan Powers
since August 2024
New Wave Loans Residential’s regulatory assets grew from $680M (June 2025) to $787M (March 2026); clients rose from 1 to 4 and employees from 13 to 16.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $787M | 4 | 16 | 1 |
| June 2025 | $680M | 1 | 13 | 1 |
Besides its headquarters, New Wave Loans Residential has 0 offices, with 1 listed address in Florida.
Florida · 1 listed address
- 3323 Ne 163st, Suite PH-704, North Miami BeachHQ
Contact and registration details
- Legal name
- New Wave Loans Residential, LLC
- Headquarters
- 3323 Ne 163st, Suite PH-704, North Miami Beach, FL 33160
- Website
- newwaveloans.com
- Phone
- 305-512-1124
- SEC file
- 801-133717
- Structure
- Delaware LLC
- Fiscal year end
- December
New Wave Loans Residential has custody of $787M in client assets for 4 clients.
How many clients does New Wave Loans Residential have?
New Wave Loans Residential has 4 clients and manages $787 million for them, as of March 2026. They include 4 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does New Wave Loans Residential offer?
New Wave Loans Residential provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does New Wave Loans Residential have?
New Wave Loans Residential has 0 investment adviser representatives registered with state securities authorities, out of 16 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns New Wave Loans Residential?
New Wave Loans Residential’s direct owners are Joel Eidelstein, Mark Feldman, Alexandra Nussenbaum Blaha and Ryan Powers, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does New Wave Loans Residential get paid?
New Wave Loans Residential is paid through other compensation. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact New Wave Loans Residential?
New Wave Loans Residential’s main office is at 3323 Ne 163st, Suite PH-704, North Miami Beach, FL 33160. Its phone number is 305-512-1124. Its website is newwaveloans.com.