Asset ManagerRIA · CRD 119662SEC-Registered

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KBS Realty Advisors

KBS Realty Advisors, LLC is an SEC-registered investment adviser in Newport Beach, CA, registered since 2002. The firm manages $2.7 billion in assets, with...

KBS Realty Advisors

KBS Realty Advisors, LLC is an SEC-registered investment adviser in Newport Beach, CA, registered since 2002. The firm manages $2.7 billion in assets, with $1.2 billion managed on a discretionary basis. It has 75 employees and 3 investment advisers.

General information

Firm type

Asset Manager

Year founded

1991

AUM

$8B in assets under management (per firm filings, 2023)

Location

Region

North America

Country

United States

City

Newport Beach

Corporate office

Newport Beach, CA, United States

Additional offices

Los Angeles, CA · San Francisco, CA · Dallas, TX · Chicago, IL · Atlanta, GA · New York, NY · Bethesda, MD · Boca Raton, FL

Principals

Charles H. Schreiber Jr.

Chairman & CEO

Keith R. Hall

President & CIO

Jeffrey K. Waldvogel

Managing Director — Acquisitions

Sector focus

Real Estate

Frequently asked questions

Who runs investment decisions at KBS Realty Advisors?

Charles H. Schreiber Jr., Chairman and CEO, leads the firm alongside President and CIO Keith R. Hall. The investment committee includes senior managing directors from acquisitions and asset management (per the firm's organizational documents).

Is KBS Realty Advisors a family office?

No. KBS is a real estate investment management firm that raises capital from institutional investors and high-net-worth individuals through non-traded REITs and separate accounts. It does not manage a single-family fortune (per SEC filings).

What investment stages does KBS typically target?

KBS focuses on value-add and core-plus strategies in the US office and industrial sectors. The firm typically acquires stabilized properties with upside through leasing, repositioning, or capital improvements.

Does KBS participate in fund commitments or only direct deals?

KBS invests primarily through direct property acquisitions, but it structures those investments via registered non-traded REITs, institutional separate accounts, and co-investment vehicles. It does not commit to third-party funds as an LP.

What is KBS's known posture on co-investments alongside external GPs?

KBS does not generally co-invest alongside external GPs in the traditional sense. It sources its own deals directly, though it has partnered with institutional capital providers on a deal-by-deal basis through joint ventures (per public real estate transaction records).

Which sectors does KBS explicitly avoid?

KBS avoids residential, retail, hospitality, and healthcare real estate, focusing its acquisition strategy almost exclusively on office and industrial assets across US markets (per the firm's investment strategy documents).

How is KBS structured for succession?

Charles Schreiber, now in his late 70s, remains Chairman and CEO. The firm has a management team including President Keith Hall and other senior executives, but no public succession plan has been disclosed. This is a risk factor given the founder's age (per SEC filings).

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