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Real Estate Investment Firms / DUNE REAL ESTATE PARTNERS LP
SEC Form ADV profile

DUNE REAL ESTATE PARTNERS LP

Real estate private fund disclosures for an investment manager based in NEW YORK, NY. Latest included filing submitted 2026-03-27.

$2.0 billionreported non-feeder gross assets
22reported real estate funds
17funds not marked fund-of-funds
100%report an annual audit

What the filing shows

DUNE REAL ESTATE PARTNERS LP reports 22 U.S.-organized real estate funds and 22 real estate funds across all reported jurisdictions. 5 are marked as fund-of-funds.

Positive minimum commitments reported across these funds range from $50 thousand to $5.0 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
DUNE REAL ESTATE FUND IV LP805-5010055595 · MasterDelaware$588 million$5.0 million60Yes
DREF III 2022 LP805-6357457496Delaware$287 million$5.0 million45Yes
DREF IV INTERNATIONAL FEEDER II LP805-4854382863 · Fund-of-fundsDelaware$211 million$5.0 million2Yes
DREF IV FOUR106 CIV LP805-8406015849Delaware$170 million$100 thousand5Yes
DREF IV REIT FUND LP805-2497798457Delaware$137 million$5.0 million2Yes
DREF IV NYIP CIV LP805-1646131435Delaware$133 million$5.0 million5Yes
DREF IV INTERNATIONAL FUND II LP805-2009464838Delaware$110 million$5.0 million2Yes
DREF IV BLC CIV LP805-2906083006 · MasterDelaware$105 million$5.0 million10Yes
DUNE REAL ESTATE FUND III LP805-6772987544Delaware$91.7 million$5.0 million85Yes
DREF IV INTERNATIONAL FEEDER III LP805-1333623397 · Fund-of-fundsDelaware$36.8 million$5.0 million1Yes
DUNE REAL ESTATE FUND II LP805-6174264784Delaware$35.6 million$5.0 million30Yes
DUNE REAL ESTATE PARALLEL FUND II LP805-2588108822Delaware$25.4 million$5.0 million20Yes
DREF III INTERNATIONAL FEEDER LP805-2957694121 · Fund-of-fundsDelaware$23.4 million$5.0 million3Yes
DUNE REAL ESTATE PARTNERS IV EIV LLC805-5187152373 · Fund-of-fundsDelaware$22.9 million$5.0 million10Yes
DREF II NA FUND LP805-4255751023Delaware$21.8 million$5.0 million2Yes
DREF III INTERNATIONAL FUND LP805-6216387183 · MasterDelaware$15.7 million$5.0 million5Yes
DUNE REAL ESTATE PARTNERS III EIV LLC805-2053730672 · Fund-of-fundsDelaware$12.9 million$5.0 million15Yes
DREF II INTERNATIONAL FUND LP805-6072197172Delaware$9.6 million$5.0 million2Yes
DREF IV SR CIV LP805-5647028673Delaware$3.5 million$50 thousand15Yes
DUNE REAL ESTATE FUND LP805-6989142005Delaware$768 thousand$5.0 million100Yes
DUNE REAL ESTATE PARALLEL FUND LP805-4179313611Delaware$355 thousand$5.0 million25Yes
DREF III LV CIV LP805-3125184594Delaware$334 thousand$5.0 million1Yes

Source and limits

Source: SEC Investment Adviser Public Disclosure, Form ADV. Firm status checked 2026-08-20. Fund detail through 2026-07-31. CRD 157455, SEC 801-73450.

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.

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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.