

DRA conducts its investment activities through its series of commingled funds, primarily the DRA Growth and Income Funds. DRA's clients are public and private pension funds, university endowments, foundations, financial institutions and high net individuals.
Over the past 20 years, DRA has executed a focused, value-added investment strategy on behalf of its clients. We believe that DRA has demonstrated a consistent track record over multiple market cycles due to an exhaustive focus on operating properties optimally and constantly adapting business plans to changing market conditions. This proactive and flexible asset management style facilitates risk management and enables DRA to take advantage of investment opportunities as they arise.
| Acquisition Period |
Number of Properties Acquired |
Total Equity* |
Total Gross Cost of Acquisitions |
|||
| DRA Opportunity Fund | 1995 | 14 | $189 | $569 | ||
| DRA Growth & Income Fund I | 1998-1999 | 33 | $203 | $809 | ||
| DRA Growth & Income Fund II | 1999-2000 | 11 | $136 | $387 | ||
| DRA Growth & Income Fund III | 2001-2002 | 43 | $250 | $868 | ||
| DRA Growth & Income Fund IV | 2003-2006 | 67 | $448 | $2,278 | ||
| DRA Growth & Income Fund V | 2005-2007 | 480 | $1,614 | $7.062 | ||
| Total | 648 | $2,840 | $11,973 | |||
Please note that the above Funds are closed for investment; past performance of these funds is not necessarily indicative of
the future performance of any funds DRA may offer
DRA's funds are designed to be diversified across the major property types and locations to limit risk, since real estate markets and investment opportunities are constantly evolving. The balanced nature of DRA's current portfolio is shown on the charts below.
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