Msref Real Estate Advisor, Inc. (New York)


Msref Real Estate Advisor, Inc. is a large advisory firm based in New York. It manages $9.92 billion of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Georgia.

Msref Real Estate Advisor provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Msref Real Estate Advisor: assets under management

The assets under management (AUM) of Msref Real Estate Advisor, Inc. is $9.92 billion. The firm's AUM has grown by 681% since the beginning of its operation, and $8.49 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $9.63 billion in discretionary accounts and $289.97 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $481.64 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $144.99 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Msref Real Estate Advisor, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Michael Paul Levy serves?

The only and largest group of clients of Michael Paul Levy is pooled investment vehicles with 22 clients and $9.92 billion of assets under management. Among the 5 most similar advisory firms, Msref Real Estate Advisor has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $9.92 billion for 22 clients. 59% of the firm’s clients are foreign persons or businesses.

Msref Real Estate Advisor also advises several private funds. Namely, nineteen real estate funds and one private equity fund. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Msref Real Estate Advisor, Inc.

The company employs 243 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Michael Paul Levy has been acting as President since 1 Nov 2009. David Grove Stafford joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Morgan Stanley Shareholder 1 Sep 2006 75% - 100% 36-3145972
Jay Howard Mantz Global co-head of morgan stanley real estate 1 Sep 2006 Other 2088508
Karamjit Singh Kalsi Director and global head of morgan stanley real estate investing 1 Sep 2006 Other 2085405
John Anthony Carrafiell Global co-head of morgan stanley real estate 1 Sep 2006 Other 1748512
John Brian Kessler Director, global chief financial officer of morgan stanley real estate investing 1 Sep 2006 Other 1570723
Paula Schaefer Director, global chief administrative officer of morgan stanley real estate investing, chief compliance officer 1 Sep 2006 Other 2638037
Christopher Leroy Odell Chief legal officer, vice president and secretary 1 Sep 2006 Other 3149189
Paula Schaefer Director, global chief administrative officer of morgan stanley real estate investing 1 Oct 2006 Other 2638037
Christopher Leroy Odell Chief compliance officer, chief legal officer, vice president and secretary 1 Oct 2006 Other 3149189
Stephen Spaulding Trevor Global co-head of merchant banking 1 Mar 2007 Other 2270192
Agatha Teresa Ruddy Chief compliance officer 1 Jul 2007 Other 2059284
Mary Caracappa Chief administrative officer of merchant banking 1 Oct 2007 Other 1579374
Steven Umlauf Chief risk officer of morgan stanley real estate investing 1 Jan 2009 Other 2343181
John Timothy Morris Chief operating officer of morgan stanley real estate investing 1 Jan 2009 Other 1878841
Jay Howard Mantz Director and president 1 Feb 2009 Other 2088508
Owen Thomas Chairman and chief executive officer of morgan stanley real estate investing 1 Feb 2009 Other 1748613
Jennifer Murphy Cattier Chief compliance officer 1 Jun 2009 Other 4175467
Michael Paul Levy Director 1 Nov 2009 Other 2156468
Edmond N Moriarty Head of merchant banking and real estate investing 1 Feb 2010 Other 1744318
John Klopp Co chief executive officer and co chief investment officer of morgan stanley real estate investing and director 1 Feb 2010 Other 5753735
Christopher J Niehaus Director 1 Feb 2010 Other 2036937
J E Hoke Slaughter Head of morgan stanley real estate investing - asia 1 Feb 2010 Other 1995974
Gregory J Fleming President of morgan stanley investment management and morgan stanley wealth management 1 Jul 2010 Other 2338986
John Klopp Director and president and co chief executive officer and co chief investment officer of morgan stanley real estate investing 1 Sep 2010 Other 5753735
Olivier De Poulpiquet Co chief executive officer and co chief investment officer of morgan stanley real estate investing 1 Sep 2010 Other 5866941
James R Jones Chief operating officer of morgan stanley real estate investing 1 Oct 2010 Other 5866937
Olivier De Poulpiquet Co chief executive officer and co chief investment officer of morgan stanley real estate investing 1 Oct 2010 Other 5866941
Jeffrey Hugh Macdonnell Director 1 Dec 2010 Other 2902271
Barbara Burns Chief legal officer 1 Mar 2011 Other 5139115
Sara Christine Davis Director 1 Jul 2011 Other 4153239
Sara Christine Egan Director 1 Jul 2011 Other 4153239
Jennifer Murphy Cattier Chief legal officer 1 Nov 2011 Other 4175467
Michael Henry Chief compliance officer 1 Jan 2012 Other 4935884
Michael Henry Chief compliance officer 1 Feb 2012 Other 4935884
Mustufa Salehbhai Chief legal officer 1 Dec 2012 Other 5066028
Peter Clarke Harned Chief financial officer of morgan stanley real estate investing 1 Mar 2014 Other 4737119
Christie Park Chief operating officer of morgan stanley real estate investing 1 Mar 2014 Other 3276900
Matthew William Crowe Chief legal officer 1 Oct 2014 Other 4469132
Daniel Aaron Simkowitz Head of morgan stanley investment management 1 Oct 2015 Other 1719867
Mustufa Salehbhai Chief legal officer 1 Dec 2016 Other 5066028
Rebecca Peckham Chief compliance officer 1 Dec 2017 Other 6778449
David Grove Stafford Chief compliance officer 1 Aug 2018 Other 6705156

Based in New York

The principal office where Msref Real Estate Advisor, Inc. performs its advisory services is located at 1585 Broadway, New York, NY 10036, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-761-7160 or by fax 2125078474. The normal business hours are 9:00 am. - 5:00 pm on Monday - Friday. You can find more information about the New York firm at morganstanley.com/what-we-do/investment-management/merchant-banking/global-real-estate/.