Fpa Real Estate Advisers Group, LLC
● SEC registered since 2017CRD 288195SEC# 801-110433Irvine, CA
Ranks #992 of 5,974 private fund managers by regulatory AUM.
Reg. AUM
$7.97B
Fund GAV
$792.9M
Private funds
9
Employees
110
Accounts
33
Location
Irvine, CA
About Fpa Real Estate Advisers Group
FPA Multifamily is a private real estate investment firm focused on acquiring, managing, and repositioning multifamily properties across the United States. It pursues value-add and core-plus strategies built through hands-on property upgrades and operational improvements.
Summary based on the firm’s website.
Fpa Real Estate Advisers Group, LLC assets under management
Fpa Real Estate Advisers Group, LLC is a registered investment adviser overseen by the SEC based in Irvine, CA. The firm has been registered since 2017. It reports $8 billion in regulatory assets under management and employs 110 people. Fpa Real Estate Advisers Group, LLC manages 9 private funds with combined gross assets of $792.9 million, including Fpa Core Plus Feeder Fund IV, LP. By regulatory assets, it ranks 992 of 5,974 private fund managers.
Fpa Real Estate Advisers Group, LLC private funds
9 funds · $792.9M GAV| Fund | Type | Gross assets | Min. |
|---|---|---|---|
| Fpa Core Plus Feeder Fund IV, LP | Real Estate | $268.3M | $250K |
| Fpa Investor Holdco VIII, LLC | Real Estate | $187.7M | $10K |
| Fpa Investor Holdco IX, LLC | Real Estate | $119.2M | $10K |
| Fpa Investor Holdco VII, LLC | Real Estate | $95.6M | $10K |
| Fpacp Investor Holdco VI, LLC | Real Estate | $39.7M | $10K |
| Fpa Investor Holdco VI, LLC | Real Estate | $26.7M | $10K |
| Fpacp Investor Holdco IV, LLC | Real Estate | $22.7M | $10K |
| Fpacp Investor Holdco V, LLC | Real Estate | $20.3M | $10K |
| Fpacp Investor Holdco III, LLC | Real Estate | $12.8M | $10K |
Fpa Real Estate Advisers Group, LLC owners & executives
7 reported| Name | Title | Ownership | Since |
|---|---|---|---|
| Gregory a. Fowler Living Trust - Gregory a. Fowler, Trustee Control | Member | Over 75% | 2017 |
| Gregory Arthur Fowler Control | Trustee | Under 5% | 1995 |
| Gregory Arthur Fowler Control | Elected Manager | Under 5% | 2017 |
| Joseph Anthony Clark Control | Co-Chief Financial Officer (cfo) | Under 5% | 2017 |
| Julia Tolstunova Control | Chief Compliance Officer | Under 5% | 2025 |
| Michelle Cowden Sanders Control | Co-Chief Financial Officer (cfo) | Under 5% | 2025 |
| Samuel Eisenman Control | President | Under 5% | 2022 |
Frequently asked questions
How much does Fpa Real Estate Advisers Group, LLC manage?
Fpa Real Estate Advisers Group, LLC reports $8 billion in regulatory assets under management on its Form ADV.
How many private funds does Fpa Real Estate Advisers Group, LLC manage?
Fpa Real Estate Advisers Group, LLC manages 9 private funds with combined gross assets of $792.9 million.
How many employees does Fpa Real Estate Advisers Group, LLC have?
Fpa Real Estate Advisers Group, LLC reports 110 employees.
Where is Fpa Real Estate Advisers Group, LLC located?
Fpa Real Estate Advisers Group, LLC is based in Irvine, CA and has been SEC-registered since 2017.
Does Fpa Real Estate Advisers Group, LLC disclose fund performance?
Fpa Real Estate Advisers Group, LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.
Contact & registration

| Address | 2082 Michelson Drive, 4th Floor, Irvine, CA 92612 |
| Phone | 949-399-2500 |
| Office hours | 9:00a.m. - 5:00p.m. Pst |
| SEC region | Los Angeles Regional Office (LARO) |
| Discloses disciplinary history | Yes |
Regulatory AUM
$7.97B▲ 41%
Jan '25Form ADV, monthlySep '26
How this firm compares
Regulatory AUMTop 10%
Larger than 90% of 16,369 advisers
AUM vs fund managersTop 17%
Larger than 83% of 5,974 private-fund managers
Number of fundsTop 27%
More funds than 73% of fund managers
EmployeesTop 7%
More than 93% of 16,804 advisers
Assets under management
$7.97Bregulatory AUM
Discretionary $7.97B