PREP Investment Advisers, operating as Pearlmark, provides investment advice for direct and indirect investments in commercial real estate and mezzanine debt. Pearlmark manages commingled private real estate funds and separate accounts for high net worth individuals and institutional clients. Pearlmark identifies, evaluates, and executes investment opportunities, secures financing, manages investments, and prepares asset valuations and financial reporting.
Fee Structure
Pearlmark's fees for investment advisory services are based on a percentage of capital committed and contributed for funds in their investment periods, or a percentage of capital contributed, net of distributions of capital, for funds no longer in their investment periods. These fees, along with performance-based interests and transaction fees, vary by fund and are generally non-negotiable. Fees accrue monthly and are paid from fund income or capital. Compensation for separate account advisory services is negotiated with each client.