Assets Under Management
$45.2B
Number of Clients
13,111
Number of Advisors
87
Average Client AUM
$3.4M
AUM per Advisor
$519.2M
Compensation
Fee-Only (AUM)
Mesirow Financial Institutional Real Estate, Direct Investments (MIRED) provides institutional investors access to direct investment opportunities in the real estate market structured as limited partnerships. MFIM serves as an investment advisor to value-added funds, targeting domestic U.S. investments, primarily in the multi-family sector. As of March 31, 2025, MIRED managed approximately $3.14 billion in client assets on a discretionary basis.
The firm charges an annual asset management fee, paid quarterly. For Mesirow Financial Real Estate Value Fund III, L.P. and IV, L.P., the fee is based on the greater of 1.1% of committed capital or 1.5% of invested capital during the investment period, and then 1.5% of invested capital thereafter, subject to the basic fee structure. The minimum investment is $5 million, but the General Partner has the discretion to accept investments from qualified investors below this amount. Fees may be negotiable on a client-by-client basis.
353 N. Clark St, Chicago, IL, 60654