| Fund ID | 805-4364508434 |
| Fund type | Real Estate Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | No |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 0% |
| Owned by the adviser or related persons | 32% |
| Owned by funds of funds | 0% |
| Owned by non-U.S. persons | 0% |
| Fund | Type | Gross assets |
|---|---|---|
| Bpre Rc Promote LLC | Real Estate | $240.1M |
| Belveron Flagship Fund VII Preservation LP | Real Estate | $188.7M |
| Belveron Partners Fund V Venture, LP | Real Estate | $144.5M |
Mercantile Affordable Members, LLC reports $6.2 million in gross assets, among the top 82% of private funds by size.
Mercantile Affordable Members, LLC is managed by Belveron Real Estate Partners, LLC.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.