Property content
Oro capitalized on a depressed real estate market with the acquisition of this high quality, well-located building in the Capitol Hill area of Denver. Shortly after purchase, consolidation in Denver’s oil and gas industry caused significant vacancies in the property, forcing Oro to recapitalize in 1994. Aggressive management and leasing, coupled with a sharp upswing… Read more »
Part of the Denver Commercial Associates portfolio, Montbello was acquired at a discount from a distressed seller. This property performed well over the years of ownership, providing investors steady, reliable cash flows and a very profitable return upon exit.
Peoria Plaza was part of a portfolio initially comprised of three separate properties acquired almost simultaneously from separate owners in a market with substantial long-term growth prospects. Oro acquired the assets at deep discounts due to seller distress, including one asset in foreclosure. Strong property performance resulted in multiple liquidity events and substantial returns for… Read more »
Sourced from an established relationship, this property provided an opportunity to acquire an attractive building that was experiencing vacancy of more than 50% due to inefficient property management. Through proactive management and leasing strategies, Oro fully leased the property within 24 months. In October 2003, Oro took advantage of Sacramento’s strong investment market and sold… Read more »
Building on relationships established in Columbus, Ohio, the Oro team sourced and acquired a depressed Class C office property in Sacramento with all cash. Interior and exterior refurbishment significantly increased the marketability of the building, resulting in the execution of a long-term lease with a strong tenant.
Woodview Office Tower was purchased at a substantial discount to replacement cost due to large vacancies and deferred maintenance costs incurred during the subprime market fallout of 2007. The property was acquired with a large capital improvement budget and was heavily marketed for lease-up. Woodview Office Towers did not represent a long-term investment for Oro… Read more »
Office and parking space located in the historic Downtown Warehouse District of Columbus, this property consists of a portfolio of properties that have undergone redevelopment in recent years to accommodate new tenants in the revitalized area. Encompassing eight separate buildings and five parking lots, the portfolio has been featured in several local newspapers and contains… Read more »
Oro Capital utilized loan proceeds to refinance existing indebtedness relating to the purchase and development of this mixed-use condominium project. Collateral included 31 unsold lofts (out of 60), five office condominium units (5,390 square feet), and a signage. The term of the loan was two years with three points paid up front. Oro repaid the… Read more »
The Columns Apartments is a garden style multi-family property located in Jacksonville, Florida, just southwest of the Atlantic and Southside Blvd crossing. The property is slated to go through wholesale renovations starting in late 2017 through 2018 that will help elevate to a best in a class community that caters to the modern trends and… Read more »
The Columns Apartments is a garden style multi-family property located in Jacksonville, Florida, just south of Atlantic Blvd and east of I-95. The property is slated to go through wholesale renovations starting in late 2017 through 2018 that will help elevate to a best in a class community that caters to the modern trends and… Read more »
