Updated:
Artemis Real Estate Partners
ARTEMIS REAL ESTATE PARTNERS is an SEC-registered investment adviser in CHEVY CHASE, MD, since 2012.
Artemis Real Estate Partners
ARTEMIS REAL ESTATE PARTNERS is an SEC-registered investment adviser in CHEVY CHASE, MD, since 2012. The firm manages $11.4 billion in assets, $8.5 billion on a discretionary basis. It has 64 employees and 61 investment advisers.
General information
Firm type
Asset Manager
Year founded
2009
AUM
$5B - $10B (Altss estimate)
Location
Region
North America
Country
United States
City
Chevy Chase
Corporate office
New York, NY, United States
Additional offices
Washington, DC, United States
Principals
Deborah Harmon
Co-Founder & CEO
Philip Berns
Co-Founder & CIO
Jeffrey Blumenthal
Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Artemis Real Estate Partners?
CIO Philip Berns leads all investment decisions, with CEO Deborah Harmon overseeing firm strategy and fundraising. The firm operates through an investment committee structure, with Berns, Harmon, and a group of senior partners reviewing all transactions.
What investment stages does Artemis typically target?
Artemis focuses on value-add and opportunistic real estate investments, targeting properties that require operational improvement, repositioning, or redevelopment. The firm typically seeks projects with a 12-18 month hold period and internal rates of return in the mid-to-high teens.
Does Artemis participate in fund commitments or only direct deals?
Artemis manages commingled value-add funds and separate accounts for institutional investors. The firm also makes direct equity investments and co-invests alongside its fund vehicles. Through Artemis Credit Partners, it provides debt capital for transitional assets.
Is Artemis structured as a single family office or does it operate more like a venture firm?
Artemis is an institutional real estate investment manager, not a family office. It operates as a registered investment advisor with a fiduciary duty to its limited partners, primarily public pension funds, endowments, and insurance companies. The firm does not manage capital for a single family.
Which sectors does Artemis explicitly avoid?
Artemis generally avoids ground-up development and land banking, preferring assets with existing cash flow that require operational improvement. The firm also does not invest in hospitality or self-storage at scale, though it may consider these in certain opportunistic contexts.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on registered investment advisers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: