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RSSSeptember 29, 2008, 12:01 AM ET
Largest real estate investment managers: total worldwide assets
Ranked by total worldwide real estate assets, in millions, as of June 30, 2008.
Click column headers to re-sort data.
| Rank | Manager | Total worldwide assets | Equity | Timber | Hybrid debt | Mezza- nine | Mort- gages |
|---|---|---|---|---|---|---|---|
| 1 | ING Clarion/ING Real Estate | $150,276 | $94,237 | $56,039 | |||
| 2 | Prudential Real Estate | $71,356 | $38,521 | $32,835 | |||
| 3 | Morgan Stanley | $44,012 | $44,012 | ||||
| 4 | TIAA-CREF | $42,751 | $21,832 | $904 | $50 | $19,965 | |
| 5 | RREEF Alternative | $42,690 | $42,628 | $62 | |||
| 6 | Principal Real Estate | $42,296 | $22,043 | $872 | $19,381 | ||
| 7 | UBS Global Real Estate | $39,483 | $38,165 | $1,318 | |||
| 8 | JPMorgan Asset Mgmt. | $38,876 | $31,847 | $823 | $6,206 | ||
| 9 | AEW Capital | $36,328 | $36,328 | ||||
| 10 | Credit Suisse Real Estate | $36,000 | $36,000 | ||||
| 11 | LaSalle Investment | $30,740 | $30,740 | ||||
| 12 | CB Richard Ellis Investors | $30,051 | $30,051 | ||||
| 13 | Blackstone Real Estate | $29,176 | $29,089 | $87 | |||
| 14 | Invesco Real Estate | $19,075 | $19,059 | $16 | |||
| 15 | BlackRock Realty Advisors | $18,663 | $16,639 | $2,024 | |||
| 16 | New York Life Inv. Mgmt. | $18,440 | $2,607 | $298 | $15,535 | ||
| 17 | Goldman Sachs | $18,077 | $17,151 | $926 | |||
| 18 | Henderson Global Investors | $17,795 | $17,640 | $155 | |||
| 19 | General Motors Asset Mgmt. | $14,430 | $14,064 | $178 | $188 | ||
| 20 | Heitman | $14,154 | $12,225 | $1,929 | |||
| 21 | Kimco Realty | $14,000 | $14,000 | ||||
| 22 | Capmark Investments | $10,053 | $1,924 | $293 | $7,836 | ||
| 23 | Hancock Timber | $9,100 | $9,100 | ||||
| 24 | Colony Capital | $8,993 | $8,832 | $161 | |||
| 25 | Kennedy Associates | $8,899 | $8,899 | ||||
| 26 | Apollo Real Estate | $8,766 | $7,368 | $1,387 | $11 | ||
| 27 | Citigroup Alternative | $8,413 | $8,209 | $188 | $16 | ||
| 28 | Russell Investments | $8,038 | $8,038 | ||||
| 29 | Starwood Capital | $7,962 | $7,962 | ||||
| 30 | MGPA | $7,495 | $7,495 | ||||
| 31 | Cornerstone Real Estate | $6,962 | $6,962 | ||||
| 32 | Beacon Capital | $6,526 | $6,526 | ||||
| 33 | Shorenstein | $6,488 | $6,264 | $224 | |||
| 34 | GE Asset Mgmt. | $6,181 | $5,873 | $151 | $157 | ||
| 35 | Third Avenue Mgmt. | $6,152 | $6,152 | ||||
| 36 | Capri Capital Partners | $5,312 | $3,395 | $1,917 | |||
| 37 | Rockpoint Group | $5,304 | $5,304 | ||||
| 38 | MacFarlane Partners | $4,709 | $4,709 | ||||
| 39 | Lowe Enterprises Investors | $4,396 | $4,206 | $190 | |||
| 40 | AMB Capital Partners | $4,106 | $4,106 | ||||
| 41 | American Realty Advisors | $3,777 | $3,332 | $263 | $182 | ||
| 42 | JER Partners | $3,715 | $3,715 | ||||
| 43 | Angelo, Gordon | $3,551 | $3,411 | $140 | |||
| 44 | DRA Advisors | $3,485 | $3,485 | ||||
| 45 | Union Labor Life | $3,483 | $3,483 | ||||
| 46 | Rockwood Capital | $3,380 | $3,380 | ||||
| 47 | Franklin Templeton | $3,303 | $3,303 | ||||
| 48 | Campbell Group | $3,223 | $3,223 | ||||
| 49 | Sentinel Real Estate | $3,070 | $3,070 | ||||
| 50 | Transwestern | $3,035 | $2,250 | $785 | |||
| 51 | L&B Realty | $3,009 | $2,966 | $42 | $1 | ||
| 52 | Forest Investment | $2,980 | $2,980 | ||||
| 53 | AFL-CIO Building Trust | $2,919 | $2,650 | $170 | $99 | ||
| 54 | BPG Properties | $2,800 | $2,800 | ||||
| 55 | KBS Realty Advisors | $2,799 | $2,182 | $85 | $459 | $73 | |
| 56 | Westbrook Partners | $2,634 | $2,593 | $41 | |||
| 57 | Canyon Capital Realty | $2,622 | $1,793 | $829 | |||
| 58 | Forum Partners | $2,361 | $803 | $1,558 | |||
| 59 | ASB Capital Mgmt. | $2,239 | $2,239 | ||||
| 60 | Intercontinental Real Estate | $2,179 | $2,179 | ||||
| 61 | Grantham, Mayo v. Otterloo | $2,109 | $2,109 | ||||
| 62 | Washington Capital | $1,976 | $1,195 | $781 | |||
| 63 | Prima Capital Advisors | $1,904 | $1,904 | ||||
| 64 | Patron Capital | $1,723 | $1,706 | $17 | |||
| 65 | Praedium Group | $1,700 | $1,700 | ||||
| 66 | Rothschild Realty | $1,550 | $1,550 | ||||
| 67 | Urdang Capital | $1,530 | $1,430 | $100 | |||
| 68 | TimberVest | $1,500 | $1,500 | ||||
| 69 | Fidelity Investments | $1,411 | $1,411 | ||||
| 70 | Sarofim Realty | $1,343 | $1,343 | ||||
| 71 | Commonwealth Realty | $1,322 | $1,262 | $60 | |||
| 72 | Legacy Partners | $1,287 | $1,287 | ||||
| 73 | Advantus Capital | $1,280 | $15 | $1,265 | |||
| 74 | Northern Trust Global Inv. | $1,203 | $1,203 | ||||
| 75 | O'Connor Capital | $1,200 | $1,200 | ||||
| 76 | Amalgamated Bank | $1,155 | $1,155 | ||||
| 77 | Grosvenor | $1,138 | $1,013 | $125 | |||
| 78 | Lazard Real Estate | $1,134 | $1,134 | ||||
| 79 | Oaktree Capital | $1,115 | $1,026 | $89 | |||
| 80 | TCW Group | $1,074 | $1,072 | $2 | |||
| 81 | Landmark Partners | $1,053 | $1,053 | ||||
| 82 | MayfieldGentry Realty | $1,023 | $1,014 | $9 | |||
| 83 | Hart Realty Advisers | $1,012 | $1,012 | ||||
| 84 | Hancock Agricultural | $1,008 | $1,008 | ||||
| 85 | Kensington Realty | $990 | $990 | ||||
| 86 | Commonfund | $843 | $843 | ||||
| 87 | Molpus Woodlands Group | $843 | $843 | ||||
| 88 | Avanti Investment Advisors | $834 | $834 | ||||
| 89 | Tuckerman Group | $764 | $643 | $82 | $39 | ||
| 90 | Great Point Investors | $755 | $755 | ||||
| 91 | WhiteStar Advisors | $735 | $662 | $73 | |||
| 92 | Phoenix Realty Group | $723 | $723 | ||||
| 93 | Timberland Investment | $667 | $667 | ||||
| 94 | TGM Associates | $650 | $650 | ||||
| 95 | CDK Realty Advisors | $505 | $505 | ||||
| 96 | Strategic Property Advisers | $447 | $441 | $6 | |||
| 97 | Covenant Capital Group | $393 | $393 | ||||
| 98 | CAP Advisors | $234 | $154 | $64 | $16 | ||
| 99 | Woodmont Realty Advisors | $139 | $139 | ||||
| 100 | NBS Real Estate Capital | $133 | $102 | $31 | |||
| 101 | Milestone Realty Services | $93 | $90 | $3 | |||
| 102 | FAF Advisors | $56 | $56 | ||||
| 103 | Coventry Realty | $55 | $55 | ||||
| Total | $1,005,697 | $798,922 | $21,655 | $4,822 | $10,072 | $170,226 | |
| Real estate assets are reported net of leverage, including contributions committed or received, but not yet invested; REOCs are included with equity; REIT securities are excluded. | |||||||
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