{"url":"https://nivawealth.com/firms/pr-mortgage-investment-management-313210","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/313210","regulatoryAum":1538703658,"crd":"313210","history":[{"filedOn":"2021-03-25","regulatoryAum":210000000,"clients":1,"employees":3,"offices":1},{"filedOn":"2022-03-25","regulatoryAum":112272521,"clients":1,"employees":5,"offices":1},{"filedOn":"2023-06-12","regulatoryAum":403899904,"clients":1,"employees":5,"offices":1},{"filedOn":"2024-03-22","regulatoryAum":707571412,"clients":1,"employees":5,"offices":1},{"filedOn":"2025-04-25","regulatoryAum":954957851,"clients":1,"employees":7,"offices":1},{"filedOn":"2026-03-24","regulatoryAum":1538703658,"clients":1,"employees":9,"offices":2}],"secFileNumber":"801-120925","legalName":"PR Mortgage Investment Management, LLC","displayName":"PR Mortgage Investment Management","slug":"pr-mortgage-investment-management-313210","website":"https://prmortgageinvestment.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"2000 Midlantic Drive, Suite 220","city":"Mount Laurel","state":"NJ","stateName":"New Jersey","country":"United States","postalCode":"08054"},"tradeNames":[],"registration":{"secApproved":"26 April 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":9,"advisory":8,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":1538703658,"discretionary":1538703658,"discretionaryAccounts":1,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":1538703658}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"PR Mortgage Investment Management has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Barry Bier","title":"President","crd":"7351086"},{"name":"Sandy Blitzer","title":"EVP","crd":"2163932"},{"name":"Brad Brautigam","title":"CFO/CCO","crd":"7351088"}],"ownership":[{"label":"Merchants Bancorp","detail":"Member in the 10% to 25% ownership band and a control person, since August 2019."},{"label":"B3, LLC","detail":"Member in the 75% or more ownership band and a control person, since August 2019."},{"label":"Barry Bier","detail":"Indirect owner: a member of B3, LLC in the 25% to 50% band and a control person, since May 2019.","parent":"B3, LLC"},{"label":"Sandy Blitzer","detail":"Indirect owner: a member of B3, LLC in the 25% to 50% band and a control person, since May 2019.","parent":"B3, LLC"},{"label":"Brad Brautigam","detail":"Indirect owner: a member of B3, LLC in the 25% to 50% band and a control person, since May 2019.","parent":"B3, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Arizona","offices":1,"addresses":[{"street":"5350 N 16th St","city":"Phoenix"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"2000 Midlantic Drive, Suite 220","city":"Mount Laurel","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"215-360-3800","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":1},"sources":{"adv1FilingDate":"24 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/313210/PDF/313210.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does PR Mortgage Investment Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does PR Mortgage Investment Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does PR Mortgage Investment Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns PR Mortgage Investment Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does PR Mortgage Investment Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact PR Mortgage Investment Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 24 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"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 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."}