RIA Intelligence

FS REAL ESTATE ADVISOR, LLC

Legal name: FS REIT ADVISOR, LLC

CRD #306352 SEC #801-117727 PHILADELPHIA, PA 215-220-6651
SEC Registered
Total AUM
$8.6B
Discretionary
$8.6B
Employees
132
Clients
--
Accounts
1

Firm Details

Organization Type
Limited Liability Company
State of Formation
Delaware
Fiscal Year End
DECEMBER
Registration Date
--
Latest Filing
Mar 28, 2025
Branch Offices
1
LEI
254900BFCFV8Z0115Z52

Advisory Services

No services reported

Compensation Methods

No compensation methods reported

Ownership

Direct Owners & Executive Officers (Schedule A)

NameTypeTitle / StatusOwnershipControl
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
ADELMAN, DAVID, JASONIPRINCIPALNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIPICHIEF FINANCIAL OFFICERNA Control
BROWNE, PHILIP, MAXIMILIANICHIEF FINANCIAL OFFICERNA Control
BRYANT, MARC, ROBERTICHIEF LEGAL OFFICERNA Control
BRYANT, MARC, ROBERTICHIEF LEGAL OFFICERNA Control
BRYANT, MARC, ROBERTICHIEF LEGAL OFFICERNA Control
BRYANT, MARC, ROBERTICHIEF LEGAL OFFICERNA Control
BRYANT, MARC, ROBERTICHIEF LEGAL OFFICERNA Control
BRYANT, MARC, ROBERTICHIEF LEGAL OFFICERNA Control
BRYANT, MARC, ROBERTICHIEF LEGAL OFFICERNA Control
BRYANT, MARC, ROBERTICHIEF LEGAL OFFICERNA Control
BRYANT, MARC, ROBERTICHIEF LEGAL OFFICERNA Control
BRYANT, MARC, ROBERTICHIEF LEGAL OFFICERNA Control
BRYANT, MARC, ROBERTICHIEF LEGAL OFFICERNA Control
BRYANT, MARC, ROBERTICHIEF LEGAL OFFICERNA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DARCO CAPITAL, L.P.DEMEMBER CLASS ANA Control
DETWILER, ELIZABETH, CAMILLAICHIEF COMPLIANCE OFFICERNA Control
DETWILER, ELIZABETH, CAMILLAICHIEF COMPLIANCE OFFICERNA Control
DETWILER, ELIZABETH, CAMILLAIMANAGING DIRECTOR/CCONA Control
DETWILER, ELIZABETH, CAMILLAIMANAGING DIRECTOR/CCONA Control
DETWILER, ELIZABETH, CAMILLAICHIEF COMPLIANCE OFFICERNA Control
DETWILER, ELIZABETH, CAMILLAIMANAGING DIRECTOR/CCONA Control
DETWILER, ELIZABETH, CAMILLAIMANAGING DIRECTOR/CCONA Control
DETWILER, ELIZABETH, CAMILLAIMANAGING DIRECTOR/CCONA Control
DETWILER, ELIZABETH, CAMILLAIMANAGING DIRECTOR/CCONA Control
DETWILER, ELIZABETH, CAMILLAIMANAGING DIRECTOR/CCONA Control
DETWILER, ELIZABETH, CAMILLAIMANAGING DIRECTOR/CCONA Control
DETWILER, ELIZABETH, CAMILLAIMANAGING DIRECTOR/CCONA Control
DETWILER, ELIZABETH, CAMILLAIMANAGING DIRECTOR/CCONA Control
DETWILER, ELIZABETH, CAMILLAIMANAGING DIRECTOR/CCONA Control
DETWILER, ELIZABETH, CAMILLAIMANAGING DIRECTOR/CCONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
FORMAN, MICHAEL, CRAIGICHAIRMAN AND CEONA Control
HELLER, MICHAEL, JAYITRUSTEE, THE 2911 FORMAN INVESTMENT TRUSTNA
HELLER, MICHAEL, JAYITRUSTEE, THE 2911 FORMAN INVESTMENT TRUSTNA
HELLER, MICHAEL, JAYITRUSTEE, THE 2911 FORMAN INVESTMENT TRUSTNA
HELLER, MICHAEL, JAYITRUSTEE, THE 2911 FORMAN INVESTMENT TRUSTNA
HELLER, MICHAEL, JAYITRUSTEE, THE 2911 FORMAN INVESTMENT TRUSTNA
HELLER, MICHAEL, JAYITRUSTEE, THE 2911 FORMAN INVESTMENT TRUSTNA
HELLER, MICHAEL, JAYITRUSTEE, THE 2011 FORMAN INVESTMENT TRUSTNA
HELLER, MICHAEL, JAYITRUSTEE, THE 2011 FORMAN INVESTMENT TRUSTNA
HELLER, MICHAEL, JAYITRUSTEE, THE 2011 FORMAN INVESTMENT TRUSTNA
HELLER, MICHAEL, JAYITRUSTEE, THE 2011 FORMAN INVESTMENT TRUSTNA
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHENIGENERAL COUNSELNA Control
SYPHERD, STEPHEN, SCOTTIGENERAL COUNSELNA Control
FRANKLIN SQUARE HOLDINGS, L.P.DEMEMBER CLASS CE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEMEMBER CLASS CE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEMEMBER CLASS CE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEMEMBER CLASS CE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEMEMBER CLASS CE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEMEMBER CLASS CE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEMEMBER CLASS CE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEMEMBER CLASS CE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEMEMBER CLASS CE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEMEMBER CLASS CE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEMEMBER CLASS CE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEMEMBER CLASS CE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEMEMBER CLASS CE Control
FSJV HOLDCO, LLCDEMEMBERD Control
FSJV HOLDCO, LLCDEMEMBERD Control
FSH ADVISOR FEE HOLDINGS, LLCDEMEMBERB Control
FSH ADVISOR FEE HOLDINGS, LLCDEMEMBERB Control
FSH ADVISOR FEE HOLDINGS, LLCDEMEMBERB Control
FSH ADVISOR FEE HOLDINGS, LLCDEMEMBERB Control
FSH ADVISOR FEE HOLDINGS, LLCDEMEMBERB Control
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AB Control
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AB Control
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AB Control
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AB Control
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AB Control
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AB Control
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AB Control
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AB Control
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AB Control
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AA
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AA
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AA
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AA
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AA
THE 2011 FORMAN INVESTMENT TRUSTDEMEMBER CLASS AA

Indirect Owners (Schedule B)

NameTypeEntityOwnershipControl
FB CAPITAL MANAGEMENT, LLCDEFB CAPITAL PARTNERS, L.P.F Control
FB CAPITAL MANAGEMENT, LLCDEFB CAPITAL PARTNERS, L.P.F Control
FB CAPITAL MANAGEMENT, LLCDEFB CAPITAL PARTNERS, L.P.F Control
FB CAPITAL MANAGEMENT, LLCDEFB CAPITAL PARTNERS, L.P.F Control
FRANKLIN SQUARE HOLDINGS, G.P., LLCDEFRANKLIN SQUARE HOLDINGS, L.P.F Control
FRANKLIN SQUARE HOLDINGS, G.P., LLCDEFRANKLIN SQUARE HOLDINGS, L.P.F Control
FRANKLIN SQUARE HOLDINGS, G.P., LLCDEFRANKLIN SQUARE HOLDINGS, L.P.F Control
FRANKLIN SQUARE HOLDINGS, G.P., LLCDEFRANKLIN SQUARE HOLDINGS, L.P.F Control
FRANKLIN SQUARE HOLDINGS, G.P., LLCDEFRANKLIN SQUARE HOLDINGS, L.P.F Control
FRANKLIN SQUARE HOLDINGS, G.P., LLCDEFRANKLIN SQUARE HOLDINGS, L.P.F Control
FRANKLIN SQUARE HOLDINGS, G.P., LLCDEFRANKLIN SQUARE HOLDINGS, L.P.F Control
FRANKLIN SQUARE HOLDINGS, G.P., LLCDEFRANKLIN SQUARE HOLDINGS, LPF Control
FRANKLIN SQUARE HOLDINGS, LPDEFSH HOLDCO, LLCF Control
FSH ADVISOR FEE HOLDINGS LLCDEFSJV HOLDCO, LLCF Control
FSH HOLDCO SUB, LLCDEFSJV HOLDCO, LLCF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
HELLER, MICHAEL, JAYITHE 2011 FORMAN INVESTMENT TRUSTF
FORMAN, MICHAEL, CRAIGIFB CAPITAL PARTNERS, L.P.E Control
FORMAN, MICHAEL, CRAIGIFB CAPITAL MANAGEMENT, LLCE Control
FORMAN, MICHAEL, CRAIGIFB CAPITAL PARTNERS, L.P.E Control
FORMAN, MICHAEL, CRAIGIFB CAPITAL MANAGEMENT, LLCE Control
FORMAN, MICHAEL, CRAIGIFB CAPITAL PARTNERS, L.P.E Control
FORMAN, MICHAEL, CRAIGIFB CAPITAL MANAGEMENT, LLCE Control
FORMAN, MICHAEL, CRAIGIFB CAPITAL PARTNERS, L.P.E Control
FORMAN, MICHAEL, CRAIGIFB CAPITAL MANAGEMENT, LLCE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEFSH ADVISOR FEE HOLDINGS, LLCE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEFSH ADVISOR FEE HOLDINGS, LLCE Control
FRANKLIN SQUARE HOLDINGS, L.P.DEFSH ADVISOR FEE HOLDINGS, LLCE Control
FRANKLIN SQUARE HOLDINGS, LPDEFSH ADVISOR FEE HOLDINGS LLCE Control
FSH HOLDCO, LLCDEFSH HOLDCO SUB, LLCE
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, L.P.D Control
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, L.P.D Control
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, L.P.D Control
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, L.P.D Control
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, L.P.D Control
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, L.P.D Control
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
ADELMAN, DAVID, JASONIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, G.P., LLCD Control
FRANKLIN SQUARE HOLDINGS, L.P.DEFSJV HOLDCO, LLCD Control
ADELMAN, DAVID, JASONIDARCO CAPITAL, L.P.C Control
ADELMAN, DAVID, JASONIDARCO CAPITAL, L.P.C Control
ADELMAN, DAVID, JASONIDARCO CAPITAL, L.P.C Control
ADELMAN, DAVID, JASONIDARCO CAPITAL, L.P.C Control
ADELMAN, DAVID, JASONIDARCO CAPITAL, L.P.C Control
ADELMAN, DAVID, JASONIDARCO CAPITAL, L.P.C Control
ADELMAN, DAVID, JASONIDARCO CAPITAL, L.P.C Control
ADELMAN, DAVID, JASONIDARCO CAPITAL, L.P.C Control
ADELMAN, DAVID, JASONIDARCO CAPITAL, L.P.C Control
ADELMAN, DAVID, JASONIDARCO CAPITAL, L.P.C Control
FB CAPITAL PARTNERS, L.P.DEFSH NCI AGGREGATOR, LLCC Control
FB CAPITAL PARTNERS, L.P.DEFSH NCI AGGREGATOR, LLCC Control
FB CAPITAL PARTNERS, L.P.DEFSH NCI AGGREGATOR, LLCC Control
FB CAPITAL PARTNERS, L.P.DEFSH NCI AGGREGATOR, LLCC Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, L.P.C Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, L.P.C Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, L.P.C Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, L.P.C Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, L.P.C Control
FORMAN, MICHAEL, CRAIGIFRANKLIN SQUARE HOLDINGS, L.P.C Control
FSH NCI AGGREGATOR, LLCDEFRANKLIN SQUARE HOLDINGS, L.P.C Control
FSH NCI AGGREGATOR, LLCDEFRANKLIN SQUARE HOLDINGS, L.P.C Control
FSH NCI AGGREGATOR, LLCDEFRANKLIN SQUARE HOLDINGS, L.P.C Control
FSH NCI AGGREGATOR, LLCDEFRANKLIN SQUARE HOLDINGS, L.P.C Control
THE 2011 FORMAN INVESTMENT TRUSTDEFSH NCI AGGREGATOR, LLCC Control
THE 2011 FORMAN INVESTMENT TRUSTDEFSH NCI AGGREGATOR, LLCC Control
THE 2011 FORMAN INVESTMENT TRUSTDEFSH NCI AGGREGATOR, LLCC Control
THE 2011 FORMAN INVESTMENT TRUSTDEFSH NCI AGGREGATOR, LLCC Control

Registrations

Federal

IA
Mar 28, 2025 REGISTERED

Notice Filings (2)

NY PA

Address

201 ROUSE BLVD.
PHILADELPHIA, PA 19112
United States
Phone: 215-220-6651