Track Record
Based on research and prior market experience that pointed to long-term growth prospects for the Dallas market, Oro purchased this high-quality asset at auction for its strong potential return on investment. Enhancing operating income by judiciously cutting costs, aggressively reducing vacancies, and benefitting from a strong Dallas market rebound, Oro provided dependable cash flow distributions… Read more »
Consisting of four one-story Flex showroom buildings, this asset marked Oro’s first entry into the Dallas metro area marketplace. The property is located within the Richardson Telecom Corridor with 5,000 businesses operating within a 28-square mile radius. Capital improvements and smart leasing decisions added value to the property and it has provided steady cash flow… Read more »
Sourced from a strategic relationship, this acquisition represented an opportunity to acquire a distressed asset in a strong distribution market, expanding Oro’s geographic reach. Oro managers believed the property would provide benefit in a short-term from a local market rebound and upgrades for modern warehouse uses. After refurbishing the asset and aggressively marketing it, Oro… Read more »
Oro acquired this property off-market post-foreclosure through a large national bank for 25% of the original development cost. Part of a four-building high tech, secure industrial complex, Oro acquired two buildings that stood vacant at the time of purchase. The Las Vegas market saw significant recovery during the time that Oro owned the properties, resulting… Read more »
The third property in the Denver Commercial Associates portfolio, the Midway property was purchased in a down market and represented an excellent opportunity to add value by demising the big box warehouse into smaller suites with higher lease rates. After riding the up-turn in the Denver industrial market to its near peak, Oro sold the… Read more »
Presented to Oro based on strong relationships with the seller, this transaction encompassed the acquisition of three functional warehouse buildings from a distressed real estate investment firm. Oro subsequently enhanced cash flow of the asset by signing new leases at the two vacant buildings and renewing a lease in the third building. Based on market… Read more »
Originally an office-warehouse property, Groves Road is located within the Eastland area of Columbus, just south of I70 and west of the 270 Beltway. Throughout Oro’s ownership of this asset, the property was continually upgraded and repositioned to generate maximum cash flow. Recent upgrades include a new roof and parking lots, as well as demising… Read more »
Sourced from a strategic relationship, this acquisition represented an opportunity to acquire a performing loan. Due to significant vacancy, the note was purchased at a substantial discount to face value. The borrower defaulted on the loan immediately following acquisition and investors were awarded the property, adjacent parking, and land in a foreclosure judgment in October… Read more »
Canyon Gate Shopping Center is a neighborhood retail center located in The Lakes community of west Las Vegas. Developed in 1995 as a build-to-suit for Smith’s Grocery Store, the site also includes a Rebel Gas Station, various inline retailers, and space for potential development. The site offers almost 75,000 SF of gross leasable space, including… Read more »
With quality construction, desirable location, and potential upside from leasing vacant space, this asset represented a value-added opportunity for Oro Capital. Resilient management efforts kept the property at 100% occupancy despite periods of softness in the Dallas market. Over the course of Oro’s ownership, Jupiter Business Park rewarded investors with annual cash distributions and substantial… Read more »
