Multi Employer Property Trust
Multi Employer Property Trust is a core, open-end private real estate fund founded in 1982 that invests in diversified institutional-quality properties across 25+ U.S. metropolitan markets, serving pension plan and institutional investors through quarterly unit valuation under BGO and NewTower Trust fiduciary oversight.
- Company typePrivate
- Founded1982
- HeadquartersBethesda, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Multi Employer Property Trust does
Multi Employer Property Trust (MEPT) is a core, open-end private equity real estate fund founded in 1982 and headquartered in Bethesda, Maryland. The Fund invests in a diversified portfolio of institutional-quality real estate assets, including industrial, multifamily, office, retail, self-storage, and life science properties located in more than 25 major U.S. metropolitan markets. MEPT is operated under a dedicated fiduciary structure: NewTower Trust Company serves as trustee, and BentallGreenOak (BGO) acts as the Fund's real estate investment advisor. BGO is itself a subsidiary of SLC Management, the institutional alternatives asset management arm of Sun Life, giving MEPT institutional parent backing.
MEPT's primary customer segment is institutional investors, specifically pension plans, which purchase and redeem Units in the Fund on a quarterly basis at the determined Unit Value. The Fund is valued quarterly and accepts new investor capital on a rolling basis without a stated minimum investment amount or account balance, and it charges no fee to exit. MEPT has operated with a zero-leverage capital structure (0% based on MEPT At-Share Market Value), a 92.3% leased operating portfolio, and an average property age of 12.6 years.
MEPT's revenue model is asset-based: the Fund generates revenue through management of the real estate portfolio via management fees paid to BGO. Its core product is the BGO MEPT Fund, supplemented by a Responsible Property Investing (RPI) sustainability program, comprehensive quarterly/annual reporting, and economic impact studies. The Fund has achieved GRESB 4-star ratings for 15 consecutive years and holds extensive third-party ESG certifications (LEED, ENERGY STAR, BOMA BEST, IREM, Fitwel) across its portfolio. Distribution is exclusively direct-to-pension-plan through BGO's client relations team; the Fund is privately held, not publicly traded, and has no public ticker.
Multi Employer Property Trust firmographics
Firmographics- Name
- Multi Employer Property Trust
- Legal name
- The NewTower Trust Company Multi-Employer Property Trust
- Website
- https://mept.com
- Company type
- Private
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Multi Employer Property Trust is a core, open-end private real estate fund founded in 1982 that invests in diversified institutional-quality properties across 25+ U.S. metropolitan markets, serving pension plan and institutional investors through quarterly unit valuation under BGO and NewTower Trust fiduciary oversight.
- Ownership category
- akta.pro rank
Multi Employer Property Trust industry classification
Industry- Product category
- Private Equity Real Estate Fund
- NAICS
- Other Investment Pools and Funds (5259), Open-End Investment Funds (525910), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Real Estate Investment Trusts (6798)
- akta.pro primary industry
- Real Estate Funds — Core (Stabilized, Income) (FSANAEAF)
Keywords
Where Multi Employer Property Trust is headquartered
LocationHeadquarters
- HQ city
- Bethesda
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Multi Employer Property Trust business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Real Estate Investment Management: MEPT generates revenue through management of the fund's real estate portfolio, including industrial, multifamily, office, retail, self-storage, and life science properties across major U.S. metropolitan markets.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Multi Employer Property Trust product offering
Product offeringCore offering
The BGO MEPT Fund is a core, open-end private equity real estate fund that invests in a diversified portfolio of institutional-quality real estate assets — including industrial, multifamily, office, retail, self-storage, and life science properties — across more than 25 major U.S. metropolitan markets. The Fund is advised by BGO (BentallGreenOak) and offers pension plan and institutional investors quarterly valuation, periodic liquidity at unit value, and exposure to a zero-leverage, institutionally governed real estate portfolio.
Product overview
The BGO MEPT Fund is a single core, open-end private equity real estate fund advised by BGO. The fund offers investors quarterly valuation, liquidity at unit value, and competitive stable returns through a diversified portfolio. The core fund product is supported by Responsible Property Investing (RPI) sustainability services, comprehensive quarterly and annual reporting packages, and economic impact analytical studies. The fund targets industrial, multifamily, office, self-storage, life science, and retail assets across major U.S. metropolitan markets.
Differentiator
Problem solved
Functional benefit
Products and services
- BGO MEPT Fund A core, open-end private equity real estate fund that invests in a diversified portfolio of institutional-quality real estate assets across more than 25 major U.S. metropolitan markets. The Fund focuses on industrial, multifamily, office, self-storage, and life science assets and is targeted at pension plans and institutional investors seeking competitive and stable risk-adjusted returns with quarterly liquidity at unit value.
Quantifiable outcome
- GRESB 4-star rating placing in top 40% globally
- +3 more outcomes
Companies that use Multi Employer Property Trust
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Multi Employer Property Trust technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Multi Employer Property Trust partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and major.
- BentallGreenOak (BGO)coreBentallGreenOak (U.S.) Limited Partnership serves as MEPT's real estate investment advisor and investor relations provider. BGO is one of North America's largest real estate investment advisors with $89.5 billion AUM and over 100 years of history. BGO's team manages the fund's investment strategy across industrial, multifamily, office, and other assets.
- NewTower Trust CompanycoreNewTower Trust Company of Bethesda, Maryland serves as MEPT's dedicated trustee and fiduciary with expertise in compliance, valuation, risk management, and financial reporting. MEPT is managed by NewTower Company, a Maryland limited purpose, non-depository, state-chartered trust company.
- SLC Management / Sun LifemajorBGO is part of SLC Management, which is the institutional alternatives asset management business of Sun Life. This relationship provides BGO with the backing of a major financial services company.
- Operating Principles for Impact ManagementcoreMEPT has committed to the Operating Principles for Impact Management, seeking to produce positive environmental and social impacts that enhance financial returns. Third-party verification statements are available.
Scale indicators8 records
Recent moves5 records
Expansion highlights4 records
Multi Employer Property Trust competitors and assessment
Company assessmentDirect peers
- Heitman: Chicago-based global real estate investment manager with multiple core open-end funds serving pension plans and institutional investors with diversified U.S. real estate strategies.
- AEW Capital Management: Global real estate investment manager with flagship core open-end funds serving institutional investors with diversified U.S. real estate exposure. Comparable structure and LP base to MEPT.
- Clarion Partners: Major U.S. real estate investment manager operating core and core-plus open-end funds targeting pension plans and institutions with diversified property portfolios across major U.S. markets.
- UBS Trumbull Property Fund: UBS Asset Management's core open-end private real estate fund focused on U.S. institutional investors with diversified property exposure. Long-standing direct peer in the open-end core real estate universe.
- DWS Group (RREEF Real Estate): DWS's RREEF real estate platform operates core open-end funds pooling institutional capital into diversified U.S. and global property portfolios, serving pension plans and similar LPs as MEPT.
- PGIM Real Estate (PRISA / PRISA II): PGIM's flagship core open-end commingled real estate funds serving pension plans with diversified U.S. property portfolios. Direct strategic and structural competitor to MEPT in the open-end core space.
- Principal Real Estate Investors: Principal Asset Management's real estate arm with core open-end commingled funds serving pension plans and institutional investors with diversified U.S. property exposure.
- LaSalle Investment Management: Jones Lang LaSalle's investment management arm operating core open-end funds (e.g., LaSalle Property Fund) for institutional investors with diversified global and U.S. property strategies.
- BGO Diversified US Property Fund: Sibling BGO-advised core open-end fund investing in diversified U.S. real estate for institutional investors; shares the same advisor (BGO) and is frequently submitted jointly with MEPT for GRESB benchmarking.
- JPMorgan Strategic Property Fund: JPMorgan's flagship core open-end private real estate fund pooling capital from pension plans and institutional investors into diversified U.S. properties. Closest direct peer in strategy, structure, and target investor base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Multi Employer Property Trust social profiles
Digital presenceMulti Employer Property Trust compliance and trust
Trust signalCompliance6 records
Multi Employer Property Trust financial estimates
Financial estimateRevenue estimate
Valuation estimate
Multi Employer Property Trust leadership team
Management profileNumber of profiles
Profiles4 records
Multi Employer Property Trust funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Multi Employer Property Trust M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Multi Employer Property Trust
What does Multi Employer Property Trust do?
The BGO MEPT Fund is a core, open-end private equity real estate fund that invests in a diversified portfolio of institutional-quality real estate assets — including industrial, multifamily, office, retail, self-storage, and life science properties — across more than 25 major U.S. metropolitan markets. The Fund is advised by BGO (BentallGreenOak) and offers pension plan and institutional investors quarterly valuation, periodic liquidity at unit value, and exposure to a zero-leverage, institutionally governed real estate portfolio.
Is Multi Employer Property Trust a public or private company?
Multi Employer Property Trust is a private company. It is classified as corporate owned and is currently operating.
When was Multi Employer Property Trust founded?
Multi Employer Property Trust was founded in 1982. It employs 11 to 50 people.
Where is Multi Employer Property Trust based?
Multi Employer Property Trust is headquartered in Bethesda, United States, in the North America region.
How does Multi Employer Property Trust make money?
One revenue line is on record: real Estate Investment Management.
Who are Multi Employer Property Trust's main competitors?
Direct peers on record are Heitman, AEW Capital Management, Clarion Partners, UBS Trumbull Property Fund, DWS Group (RREEF Real Estate), PGIM Real Estate (PRISA / PRISA II), Principal Real Estate Investors, LaSalle Investment Management, BGO Diversified US Property Fund and JPMorgan Strategic Property Fund.
Does Multi Employer Property Trust have an API?
No public API is recorded for Multi Employer Property Trust.
What industry is Multi Employer Property Trust in?
Multi Employer Property Trust's product category is Private Equity Real Estate Fund. Its primary akta.pro industry code is FSANAEAF, Real Estate Funds — Core (Stabilized, Income). Its NAICS code is 5259 and its SIC code is 6798.