# Corten Real Estate Management LLC

> Corten Real Estate Management LLC is an SEC-registered investment advisory firm in Philadelphia, PA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 19, 2026.

- CRD: 321897
- Filed as: CORTEN REAL ESTATE MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Philadelphia, PA
- Filing period: October 2026
- Form ADV filing dated: March 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/321897
- AdvisorCensus page: https://advisorcensus.com/firm/corten-real-estate-management-llc-philadelphia-pa-321897

## Quick answers

**How is Corten Real Estate Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Corten Real Estate Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Corten Real Estate Management LLC charge?**
Its Form ADV Part 2A brochure dated March 19, 2026 states: Asset-based fee: 0.7% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Corten Real Estate Management LLC located?**
Corten Real Estate Management LLC's principal office is in Philadelphia, PA, according to its Form ADV; the April 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is Corten Real Estate Management LLC registered with the SEC or a state?**
Corten Real Estate Management LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 321897.

**How much does Corten Real Estate Management LLC manage?**
Corten Real Estate Management LLC reports $457,447,202 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (61% discretionary).

**How have Corten Real Estate Management LLC's assets and staff changed since 2022?**
In the Form ADV data for Corten Real Estate Management LLC: Regulatory assets under management: $273,100,000 in the October 2022 data and $457,447,202 in the October 2026 data, up 68%. Total employees: 13 in October 2022 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Corten Real Estate Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (9).

**Does Corten Real Estate Management LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/321897

**What changed in Corten Real Estate Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Changed its office addresses in Wilmington, DE. Added an office in Charlotte, NC. Registered or notice-filed in NC. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 19, 2026)

- Asset-based fee: 0.7% to 1.5% a year (a range, as the brochure states it)

> In general, Management Fees range from 0.70% to 1.50% and are charged on committed capital early in the life of each vehicle and then on the aggregate equity cost of all unrealized investments

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $457,447,202
- Discretionary: $280,615,841
- Non-discretionary: $176,831,361

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $457,447,202 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2022 (4 years)
- Employees: 15 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DE, MD, NC, PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Charlotte, NC
- Chevy Chase, MD
- Philadelphia, PA
- Wilmington, DE

### Websites listed on Form ADV (Item 1.I)
- [cortenrealestate.com](https://cortenrealestate.com)
- LinkedIn @corten-real-estate-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $273,100,000 | 13 | August 29, 2022 |
| October 2023 | $363,361,504 | 12 | May 3, 2023 |
| October 2024 | $468,834,534 | 15 | March 12, 2024 |
| October 2025 | $442,471,900 | 15 | March 31, 2025 |
| October 2026 | $457,447,202 | 15 | March 19, 2026 |

Regulatory assets under management: $273,100,000 in the October 2022 data and $457,447,202 in the October 2026 data, up 68%.
Total employees: 13 in October 2022 and 15 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Changed its office addresses in Wilmington, DE.
- Added an office in Charlotte, NC.
- Registered or notice-filed in NC.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Corten Real Estate Management LLC (CRD 321897): Form ADV filing data as of October 2026.