{
  "crd_number": 334205,
  "slug": "sg-real-estate-i-southfield-mi-334205",
  "primary_business_name": "SG REAL ESTATE I",
  "legal_name": "SANDERS MANAGEMENT GROUP, LTD",
  "dbas": [],
  "city": "Southfield",
  "state": "MI",
  "country": "United States",
  "cbsa_code": "19820",
  "metro": {
    "cbsa_code": "19820",
    "common_name": "Detroit",
    "msa_name": "Detroit-Warren-Dearborn, MI",
    "path": "/advisors/mi/detroit"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-08-25",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-01-05",
  "carried_forward": false,
  "raum_total": 203474000.0,
  "raum_discretionary": 203474000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 20,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 203474000.0,
      "count": 4
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MI"
  ],
  "websites": [
    "https://sg-companies.co"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/334205",
  "city_as_filed": "SOUTHFIELD",
  "url": "https://advisorcensus.com/firm/sg-real-estate-i-southfield-mi-334205",
  "display_name": "SG Real Estate I",
  "summary": "SG Real Estate I is an SEC-registered investment advisory firm in Southfield, MI, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 5, 2026.",
  "citation": "AdvisorCensus. SG Real Estate I (CRD 334205): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is SG Real Estate I compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), SG Real Estate I reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is SG Real Estate I located?",
      "a": "SG Real Estate I's principal office is in Southfield, MI, according to its Form ADV."
    },
    {
      "q": "Is SG Real Estate I registered with the SEC or a state?",
      "a": "SG Real Estate I is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 334205."
    },
    {
      "q": "How much does SG Real Estate I manage?",
      "a": "SG Real Estate I reports $203,474,000 in regulatory assets under management in its Form ADV filing dated January 5, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does SG Real Estate I serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4)."
    },
    {
      "q": "Does SG Real Estate I report any disciplinary disclosures?",
      "a": "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/334205"
    },
    {
      "q": "What changed in SG Real Estate I's recent Form ADV filings?",
      "a": "In the December 2025 filing data: Newly registered with the SEC."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/sg-real-estate-i-southfield-mi-334205.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 4,
      "fewer_than_5": false,
      "raum": 203474000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/334205",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}