Breakthrough Properties

Real Estate SEC-registered adviser

Legal name: Breakthrough Services, L.L.C.

Los Angeles, CA Website LinkedIn X

AUM

$2.7B
Regulatory AUM

Private funds

12
Real Estate 12

Private fund assets

$2.0B
Gross asset value

Employees

94

Last Form D raise

Oct 2025
Most recent fund filing

From SEC Form ADV filing (filed Mar 31, 2026). View on SEC

People(7)

Owners and executive officers named on the firm's SEC Form ADV.

A
Trustee, Belldegrun Family Trust
D
Chief Investment Officer and Executive Vice President
J
Chairman, Tishman Speyer Properties
J
Trustee, Seaview Trust (d.c.) Irrevocable
R
Trustee, Belldegrun Family Trust
R
President, Chief Executive Officer, Speyer Limited Partner

Funds(12)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Breakthrough Properties Growth Portfolio II, L.P.Real Estate———Oct 2025Cool
Breakthrough Properties Employee Feeder Fund I, L.P.Real Estate$1.9M——Apr 2022Cold
Breakthrough Properties Income Portfolio, L.P.Real Estate$779.4M——Nov 2021Cold
Breakthrough Properties Growth Portfolio I, L.P.Real Estate$991.6M$698.6M44Aug 2021Cold
Dqp Allston Co-Investment, L.P.Real Estate$22.4M$21.2M27May 2021Cold
D3c1 Allston Co-Investment, L.P.Real Estate$10.5M$9.6M54May 2021Cold
Allston Co-Investment Feeder Vehicle, L.P.Real Estate$91.9M———
Harel Allston Co-Investment, L.P.Real Estate$49.9M———
Tea Allston Co-Investment, L.P.Real Estate$24.0M———
Maple Leaf Trinity Co-Investment, L.P.Real Estate$21.8M———
Jiaming Allston Co-Investment, L.P.Real Estate$20.0M———
Lsci Allston Co-Investment, L.P.Real Estate$19.5M———

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
309668
SEC file number
801-119412

Sources