GEM Realty Advisors, LLC, doing business as GEM Realty Capital, Inc., is a privately owned real estate holding company. The firm, through its subsidiaries, provides its services to pooled investment vehicles, such as hedge funds. It also caters to corporations. The firm, through its subsidiaries, invests in private-market real estate assets and publicly traded real estate securities. GEM Realty Advisors, LLC was founded in 1994 and is based in Chicago, Illinois.