SEC-Registered Investment Adviser
Breakthrough Properties
Legal name: Breakthrough Services, L.L.C.
Registration facts are from the firm's Form ADV Part 1A as published by the SEC, latest filing dated March 31, 2026. Figures are firm-level: they describe the advisory firm, not any single offering.
Registration
- Status
- Approved
- Registered since
- September 4, 2020
- Principal office
- 10100 Santa Monica Blvd, Floor 15, Los Angeles, CA 90067
- Organized as
- Limited Liability Company, DE
- Fiscal year end
- December
- Other offices
- 5
- Website
- btprop.com/#
Scale
- Regulatory AUM
- $2.7B
- Accounts
- 12
- Clients
- 0
- Employees
- 94, 21 in advisory roles
- Private funds advised
- 12
- Private fund gross assets
- $2.0B
- Fund types
- 12 real estate funds
- Funds with Form D records
- 5 issuers in AltStreet's ledger, $729.4M reported sold across them
Business, clients and compensation, as filed
- Advisory activities
- portfolio management for pooled investment vehicles
- Compensated by
- a percentage of assets under management, performance-based fees and other
- Client types
- pooled investment vehicles (12)
- Related persons include
- another investment adviser, an insurance company or agency and a sponsor, general partner or managing member of pooled investment vehicles
- Affiliates
- 2 investment advisers
Form ADV Item 11 disclosures
No yes answers on Item 11 as of the latest Form ADV (March 31, 2026). Item 11 covers the firm and its advisory affiliates.
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Source: SEC Form ADV via IARD (roster of October 6, 2026), matched to the platform by AltStreet analysts. Item 11 answers are as reported on the firm's Form ADV and cover the firm and its advisory affiliates; consult the firm's IAPD record for the Disclosure Reporting Pages. Brochure statements are the firm's own. Nothing on this page is investment advice.