GRS Advisors, LLC
GRS Advisors, LLC is reportedly the registered investment adviser associated with GEM Realty Capital, a real estate-focused investment management firm headquartered in Chicago, Illinois. Founded in 1994, the firm specializes in real estate private equity and securities strategies, serving institutional investors, pension funds, endowments, and high-net-worth individuals. The team consists of approximately 68 employees as of 2025, supporting both direct real estate and public securities strategies.
Investment Strategy
GRS Advisors, LLC (as part of GEM Realty Capital) employs a dual investment strategy focused on both private equity real estate and public real estate securities. The firm seeks value through investments in real estate assets and operating companies across North America, utilizing a combination of direct property ownership, real estate-related operating companies, and listed real estate securities. The firm emphasizes core-plus and value-added opportunities in diversified property types, aiming for attractive risk-adjusted returns.
Top Holdings
Equity Positions (27)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
H H | HYATT HOTELS CORP | 7.14% | $74.3M | 531,786 | $139.65 | $139.65 | +$74.3M |
M MTN | VAIL RESORTS INC | 6.90% | $71.8M | 456,649 | $157.13 | $157.13 | +$71.8M |
E EQR | EQUITY RESIDENTIAL | 6.78% | $70.6M | 1,045,798 | $67.49 | $67.49 | +$70.6M |
A AHR | AMERICAN HEALTHCARE REIT INC | 6.46% | $67.2M | 1,828,328 | $29.35 | $36.74 | +$28.5M |
E EQIX | EQUINIX INC | 6.20% | $64.5M | 81,072 | $803.53 | $795.47 | +$26.0M |