Crow Holdings Capital provides investment management, advisory, and administrative services to affiliated real estate investment vehicles. These services focus on investments in real estate and related assets, including warehouses, retail centers, multi-family housing, office buildings, and hotels. Crow Holdings Capital also provides services related to commercial real estate loans and preferred equity interests. The firm's investment advice is based on the objectives and strategies outlined in the governing documents of each investment vehicle.
Fee Structure
Crow Holdings Capital manages investments for affiliated real estate funds and ventures. Here's a breakdown of how those fees work:
- Management Fee: During the investment period, the firm generally receives up to 1.5% annually of each investor's total commitment. After the investment period, the fee is up to 1.5% annually of the invested capital that hasn't been disposed of.
- Core-Plus Fund: For the core-plus fund, the management fee is up to 1.05% annually of the net asset value of each investor's units, paid quarterly.
- Credit Venture Clients: Management fees are charged on the total client commitments invested or reserved for an investment.
- Carried Interest: The firm also receives a percentage (up to 20%) of the profits from the sale of investments or the net profits allocated to each investor, after returning their initial investment and a preferred rate of return.
These fees may be reduced or changed in certain circumstances, and the fee arrangements for single-investor funds and separately managed accounts are negotiated individually.