Big Brain Funding brain markBig Brain Funding
Real Estate Investment Firms / BREAKTHROUGH PROPERTIES
SEC Form ADV profile

BREAKTHROUGH PROPERTIES

Real estate private fund disclosures for an investment manager based in LOS ANGELES, CA. Latest included filing submitted 2026-03-31.

$2.0 billionreported non-feeder gross assets
12reported real estate funds
11funds not marked fund-of-funds
92%report an annual audit

What the filing shows

BREAKTHROUGH PROPERTIES reports 12 U.S.-organized real estate funds and 12 real estate funds across all reported jurisdictions. 1 are marked as fund-of-funds.

Positive minimum commitments reported across these funds range from $50 thousand to $25.0 million. That figure is what a fund reports routinely requiring from outside fund investors. It is not the manager's property investment check size.

Reported real estate funds

Sorted by gross asset value. Gross assets are reported by the manager and can overlap across master, feeder, parallel, and related fund structures.

FundOrganizedGross assetsInvestor minimumOwnersAnnual audit
BREAKTHROUGH PROPERTIES GROWTH PORTFOLIO I, L.P.805-6082231865Delaware$992 million$25.0 million96Yes
BREAKTHROUGH PROPERTIES INCOME PORTFOLIO, L.P.805-3324311560Delaware$779 million$25.0 million91Yes
ALLSTON CO-INVESTMENT FEEDER VEHICLE, L.P.805-8663223187Delaware$91.9 millionNot reported11Yes
HAREL ALLSTON CO-INVESTMENT, L.P.805-8140467683Delaware$49.9 millionNot reported1Yes
TEA ALLSTON CO-INVESTMENT, L.P.805-8448010442Delaware$24.0 millionNot reported1Yes
DQP ALLSTON CO-INVESTMENT, L.P.805-9907710882Delaware$22.4 millionNot reported30Yes
MAPLE LEAF TRINITY CO-INVESTMENT, L.P.805-9592737828Delaware$21.8 millionNot reported4Yes
JIAMING ALLSTON CO-INVESTMENT, L.P.805-4118656105Delaware$20.0 millionNot reported1Yes
LSCI ALLSTON CO-INVESTMENT, L.P.805-3835396389Delaware$19.5 millionNot reported1Yes
D3C1 ALLSTON CO-INVESTMENT, L.P.805-5094342326Delaware$10.5 millionNot reported55Yes
BREAKTHROUGH PROPERTIES EMPLOYEE FEEDER FUND I, L.P.805-1571328576 ยท Fund-of-fundsDelaware$1.9 million$50 thousand23Yes
BREAKTHROUGH PROPERTIES GROWTH PORTFOLIO II, L.P.805-4476669434DelawareNot reported$25.0 million6No

Source and limits

Source: SEC Investment Adviser Public Disclosure, Form ADV. Firm status checked 2026-08-20. Fund detail through 2026-07-31. CRD 309668, SEC 801-119412.

Form ADV is a regulatory disclosure, not a live deal mandate. It does not report property type, target geography, current fundraising status, available capital, or whether a manager accepts unsolicited proposals. Contact the firm and review current offering documents before relying on any figure.

Need capital for your operating business?

Build a preliminary funding profile. We will review your situation before discussing general options. Your information is not shared with a funding partner without permission.

Build your funding profile

Educational only. Not financial, legal, investment, or tax advice. Big Brain Funding is not an investment adviser, broker-dealer, placement agent, lender, or broker of record. This profile is not an endorsement, recommendation, securities offering, or statement that the firm is available for a transaction.