Phoenix Capital Realty Advisors (PCRA) manages private equity funds that invest in commercial real estate. PCRA raises capital from investors for these funds, which then acquire, develop, and operate real estate. PCRA also provides asset management services to co-investment entities that invest alongside the funds. PCRA does not provide investment advisory services to individual co-investors.
Fee Structure
Phoenix Capital Realty Advisors (PCRA) does not directly manage investments for individual investors. PCRA manages private equity real estate funds, charging management fees based on a percentage of invested capital. The firm also receives carried interest, a share of the profits from the fund's investments. These fees are paid by the fund, not directly by individual investors.