PR Mortgage Investment Management provides portfolio management for pooled vehicles. The firm advises 1 private fund.
PR Mortgage Investment Management reports 1 pooled investment vehicle. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($1.54B across 1 account) are managed with discretion. It advised 1 client without assets under management last fiscal year.
| 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 | 1 | $1.54B | 100.0% | $1.54B |
| Total | 1 | $1.54B | 100% | $1.54B |
- Clients
- 1
- Regulatory AUM
- $1.54B
- AUM share
- 100.0%
- Avg. per client
- $1.54B
Total
- Clients
- 1
- Regulatory AUM
- $1.54B
- AUM share
- 100%
- Avg. per client
- $1.54B
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 1
PR Mortgage Investment Management is paid through performance-based fees and other compensation; its fees and minimums are set out in its brochures on the SEC website.
B3, LLC owns 75% or more of PR Mortgage Investment Management and is in turn owned by Barry Bier (25–50%), Sandy Blitzer (25–50%) and Brad Brautigam (25–50%). The leadership team of PR Mortgage Investment Management includes President Barry Bier. It has 9 employees, 8 of them in advisory roles.
Leadership
- Barry BierPresident
- Sandy BlitzerEVP
- Brad BrautigamCFO/CCO
Staff
- 9 employees
- 8 in advisory functions
- Owns 75% or more of PR Mortgage Investment Management, LLC
B3, LLC
Control person · since August 2019
- Owns 25% to 50% of B3, LLC
Barry Bier
Control person · since May 2019
- Owns 25% to 50% of B3, LLC
Sandy Blitzer
Control person · since May 2019
- Owns 25% to 50% of B3, LLC
Brad Brautigam
Control person · since May 2019
- Owns 10% to 25% of PR Mortgage Investment Management, LLC
Merchants Bancorp
Control person · since August 2019
PR Mortgage Investment Management’s regulatory assets grew 7.3× from $210M (March 2021) to $1.54B (March 2026); clients were 1 in both filings and employees rose from 3 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.54B | 1 | 9 | 2 |
| April 2025 | $955M | 1 | 7 | 1 |
| March 2024 | $708M | 1 | 5 | 1 |
| June 2023 | $404M | 1 | 5 | 1 |
| March 2022 | $112M | 1 | 5 | 1 |
| March 2021 | $210M | 1 | 3 | 1 |
Besides its headquarters, PR Mortgage Investment Management has 1 office, with 2 listed addresses in Arizona and New Jersey.
Arizona · 1 listed address
- 5350 N 16th St, Phoenix
New Jersey · 1 listed address
- 2000 Midlantic Drive, Suite 220, Mount LaurelHQ
Contact and registration details
- Legal name
- PR Mortgage Investment Management, LLC
- Headquarters
- 2000 Midlantic Drive, Suite 220, Mount Laurel, NJ 08054
- Website
- prmortgageinvestment.com
- Phone
- 215-360-3800
- SEC file
- 801-120925
- Structure
- Delaware LLC
- Fiscal year end
- December
PR Mortgage Investment Management has custody of client assets.
How many clients does PR Mortgage Investment Management have?
PR Mortgage Investment Management has 1 client and manages $1.54 billion for them, as of March 2026. They include 1 pooled investment vehicle.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does PR Mortgage Investment Management offer?
PR Mortgage Investment Management 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 PR Mortgage Investment Management have?
PR Mortgage Investment Management has 0 investment adviser representatives registered with state securities authorities, out of 9 employees, and 8 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 PR Mortgage Investment Management?
PR Mortgage Investment Management is owned through a holding company by Barry Bier, Sandy Blitzer and Brad Brautigam. Its direct owners are Merchants Bancorp (10% to 25%) and B3, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does PR Mortgage Investment Management get paid?
PR Mortgage Investment Management is paid through performance-based fees and other compensation. 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
How do I contact PR Mortgage Investment Management?
PR Mortgage Investment Management’s main office is at 2000 Midlantic Drive, Suite 220, Mount Laurel, NJ 08054. Its phone number is 215-360-3800. Its website is prmortgageinvestment.com.