Realm is a collective of about 100 family offices.
In six months they deployed $100M into Northern California real estate, including a San Francisco office building at 21% of its last trade.
This is the club deal model at scale.
100 families. Pooled capital. Shared diligence. Coordinated execution. One investment thesis.
Why collectives and networks are the future:
Individual family offices lack deal flow (UBS: sourcing quality opportunities is a major constraint).
Collectives aggregate more capital than any single family.
Shared diligence cuts costs per family.
Combined expertise (one family knows tech, another knows real estate).
Network effect: more families = more deal flow = better selection.
Other examples:
SFO Alliance connecting family offices globally.
Latam FO Summit facilitating cross-border family deals.
Club deals representing 69% of all family office investments (PwC).
Family-to-family fundraising (Pritzkers raised $3.4B from other families).
The lone wolf family office is dying.
The future belongs to networks, collectives, and syndicates where families invest alongside families they trust.
Is your family office part of a collective or network?
References:
CNBC - Family Offices Opportunistic Real Estate: https://www.cnbc.com/2026/03/26/family-offices-make-opportunistic-bets-on-real-estate.html
PwC Family Office Deals Study 2025: https://www.pwc.com/gx/en/services/family-business/family-office/family-office-deals-study.html
Crain Currency - Real Estate 2026: https://www.craincurrency.com/peer-peer-insights/peer-peer-newsletter-jan-15-2026-what-family-offices-want-real-estate-2026
