Griffis Residential Investment Advisor

Griffis Residential Investment Advisor LLC, established in November 2012, is a Delaware limited liability company affiliated with Griffis Group of Companies, LLC. The firm specializes in providing discretionary investment advisory services to pooled private investment vehicles and non-discretionary advice to joint venture investors. Their investment focus is on recent vintage multi-family assets in high-growth western US markets. The firm's Principals are Ian Griffis, David Birnbaum, and Tom Barta. GRIA manages over $1.9 billion in assets under management, with fees typically based on committed or invested capital. The firm may receive performance-based compensation, creating a potential conflict of interest. GRIA emphasizes a conservative approach to leverage and a focus on wealth preservation. The firm's investment strategies include improving operating effectiveness, targeted capital improvements, and a hands-on asset management approach. GRIA has a Code of Ethics to manage conflicts of interest, and Access Persons are subject to pre-clearance and reporting requirements for personal trading. The firm does not engage in directed brokerage practices and has custody of client assets. GRIA has detailed policies for proxy voting and financial reporting, ensuring transparency and compliance with regulatory requirements.