LOCAL ASSET MANAGEMENT LLC

Overview

Local Asset Management LLC is a limited liability company focused on managing pooled real estate investment vehicles for institutional clients. The firm serves as advisor and sponsor for closed-end real estate funds, acting in roles that include general partner, managing member and real estate broker/sponsor. Its advisory activity is concentrated on portfolio management for pooled investment vehicles rather than on discretionary retail advisory programs. Fee arrangements combine a percentage-of-AUM element with performance-based fees, which aligns compensation with fund-level performance and sponsor carry structures. The firm is not identified as an active ESG investor and is not registered as a multi-state adviser.

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Investments & Alternatives

Location & Offices