Investment adviser · CRD 286013

3650 REIT INVESTMENT MANAGEMENT LLC

Investment adviser filing (IA)

MIAMI, FL, United States · Form ADV filed Mar 31, 2026

Regulatory AUM: $2.43B
Client accounts: 13
Employees: 16
Advisory professionals: 8

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Corporations & businesses	3	$1,448,592,389	59.5%
Sovereign wealth & foreign institutions	5	$627,123,171	25.8%
Pooled investment vehicles	4	$356,901,808	14.7%

Filing source

Form ADV 2087706 · Mar 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

9 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

3650 REAL ESTATE INVESTMENT TRUST 2 LLCReal Estate Fund · Last reported Mar 31, 2026$704MGross asset value

Form D fundraising filings

3650 Real Estate Investment Trust 2 LLC

Feeder funds

3650 MREI INVESTCO LP
CAL 3650 SF INVESTCO LP

Auditor DELOITTE & TOUCHE LLP MIAMI, Florida, United States

Custodian CITY NATIONAL BANK OF FLORIDA MIAMI, Florida, United States Related to adviser: No

Custodian COMPUTERSHARE TRUST COMPANY, N.A. NEW YORK, New York, United States Related to adviser: No

Custodian CREDIT SUISSE NEW YORK, New York, United States Related to adviser: No

Custodian GOLDMAN SACHS NEW YORK, New York, United States Related to adviser: No

Custodian SIGNATURE BANK NYC, New York, United States Related to adviser: No

Custodian WELLS FARGO BANK MINNEAPOLIS, Minnesota, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

Fund details & source

Fund ID: 805-4273992828
Reported beneficial owners: 3
Minimum commitment: $10M
Form D file number: 021-386549

Form ADV 2087706 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

3650 REAL ESTATE INVESTMENT TRUST 3 LLCReal Estate Fund · Last reported Mar 31, 2026$520MGross asset value

Form D fundraising filings

3650 Real Estate Investment Trust 3 LLC

Feeder funds

3650 CAL BRIDGE LENDING LLC
3650 MREI BED INVESTCO LP

Auditor DELOITTE & TOUCHE LLP MIAMI, Florida, United States

Custodian CITY NATIONAL BANK LOS ANGELES, California, United States Related to adviser: No

Custodian CITY NATIONAL BANK OF FLORIDA MIAMI, Florida, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

Fund details & source

Fund ID: 805-2575942230
Reported beneficial owners: 3
Minimum commitment: $10M
Form D file number: 021-396799

Form ADV 2087706 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

3650 T BED 5 INVESTCO 2 LPReal Estate Fund · Last reported Mar 31, 2026$253MGross asset value

Auditor DELOITTE MIAMI, Florida, United States

Custodian CITY NATIONAL BANK OF FLORIDA MIAMI, Florida, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

Fund details & source

Fund ID: 805-5835890043
Reported beneficial owners: 2
Minimum commitment: $1M

Form ADV 2087706 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

GRASS RIVER RE CREDIT EVERGLADE PARTNERS, L.P.Real Estate Fund · Last reported Mar 31, 2026$185MGross asset value

Auditor DELOITTE & TOUCHE LLP MIAMI, Florida, United States

Custodian BANK OF CALIFORNIA LOS ANGELES, California, United States Related to adviser: No

Custodian WELLS FARGO BANK MINNEAPOLIS, Minnesota, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

Fund details & source

Fund ID: 805-3298352090
Reported beneficial owners: 5
Minimum commitment: $10M

Form ADV 2087706 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

3650 P-SMA INVESTCO LPReal Estate Fund · Last reported Mar 31, 2026$102MGross asset value

Auditor DELOITTE & TOUCHE LLP MIAMI, Florida, United States

Custodian CITY NATIONAL BANK OF FLORIDA MIAMI, Florida, United States Related to adviser: No

Custodian WELLS FARGO BANK MINNEAPOLIS, Minnesota, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

Fund details & source

Fund ID: 805-6609640439
Reported beneficial owners: 2
Minimum commitment: $10M

Form ADV 2087706 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

3650 HAMAGEN INVESTCO LPReal Estate Fund · Last reported Mar 31, 2026$75.7MGross asset value

Auditor DELOITTE & TOUCHE LLP MAIMI, Florida, United States

Custodian CITY NATIONAL BANK OF FLORIDA MIAMI, Florida, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

Fund details & source

Fund ID: 805-2581022789
Reported beneficial owners: 2
Minimum commitment: $10M

Form ADV 2087706 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

3650 REIT 5 SUBREIT LLCReal Estate Fund · Last reported Mar 31, 2026$70.1MGross asset value

Feeder funds

3650 REAL ESTATE CREDIT SOLUTIONS FUND 5 LP
3650 REAL ESTATE INVESTMENT TRUST 5 LLC
3650 T BED 5 INVESTCO 1 LP

Auditor DELOITTE MIAMI, Florida, United States

Custodian CITY NATIONAL BANK OF FLORIDA MIAMI, Florida, United States Related to adviser: No

Custodian COMPUTERSHARE MINNEAPOLIS, Minnesota, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

Fund details & source

Fund ID: 805-1090325938
Reported beneficial owners: 6
Minimum commitment: $1M

Form ADV 2087706 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

2977 MCFARLANE RD., SUITE 300
MIAMI, FL, 33133, United States

CRD 286013

Filing source

Form ADV 2087706 · Mar 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.