# Virtus Real Estate LLC

> Virtus Real Estate LLC is an SEC-registered investment advisory firm in Austin, TX, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 29, 2026.

- CRD: 164146
- Filed as: VIRTUS REAL ESTATE LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Austin, TX
- Filing period: October 2026
- Form ADV filing dated: June 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164146
- AdvisorCensus page: https://advisorcensus.com/firm/virtus-real-estate-llc-austin-tx-164146

## Quick answers

**How is Virtus Real Estate LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Virtus Real Estate LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Virtus Real Estate LLC located?**
Virtus Real Estate LLC's principal office is in Austin, TX, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Virtus Real Estate LLC registered with the SEC or a state?**
Virtus Real Estate LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 164146.

**How much does Virtus Real Estate LLC manage?**
Virtus Real Estate LLC reports $1,144,113,020 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (100% discretionary).

**How have Virtus Real Estate LLC's assets and staff changed since 2021?**
In the Form ADV data for Virtus Real Estate LLC: Regulatory assets under management: $143,235,828 in the October 2021 data and $1,144,113,020 in the October 2026 data, up 699%. Total employees: 42 in October 2021 and 41 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Virtus Real Estate LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does Virtus Real Estate 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/164146

**What changed in Virtus Real Estate LLC's recent Form ADV filings?**
In the July 2026 filing data: Added an office in Abu Dhabi. 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

### Regulatory assets under management (Item 5.F)
- Total: $1,144,113,020
- Discretionary: $1,144,113,020
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $1,144,113,020 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 41 total, 20 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Abu Dhabi

### Websites listed on Form ADV (Item 1.I)
- virtusre.com
- LinkedIn @VIRTUS-REAL-ESTATE-CAPITAL

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $143,235,828 | 42 | March 31, 2021 |
| October 2022 | $577,044,759 | 40 | September 13, 2022 |
| October 2023 | $598,929,608 | 44 | March 31, 2023 |
| October 2024 | $599,387,813 | 43 | March 29, 2024 |
| October 2025 | $722,643,158 | 42 | March 31, 2025 |
| October 2026 | $1,144,113,020 | 41 | June 29, 2026 |

Regulatory assets under management: $143,235,828 in the October 2021 data and $1,144,113,020 in the October 2026 data, up 699%.
Total employees: 42 in October 2021 and 41 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Added an office in Abu Dhabi.
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 33 to 20.
- Regulatory assets under management went from $722,643,158 to $1,144,113,020 (+58%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Virtus Real Estate LLC (CRD 164146): Form ADV filing data as of October 2026.