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Multifamily Investing In OZs, With Origin Investments – OpportunityDb

In this webinar, David Scherer discusses Origin’s evolution into one of the leading Opportunity Zone funds investing in multifamily developments across the U.S.

Webinar Highlights

A review of O…….

In this webinar, David Scherer discusses Origin’s evolution into one of the leading Opportunity Zone funds investing in multifamily developments across the U.S.

Webinar Highlights

  • A review of Origin’s first fund, which raised approximately $270 million in equity and had $600 million in total assets;
  • Differentiators of Origin’s OZ operations, including focuses on specific markets and asset classes;
  • How Origin implements “a development strategy followed by an operations strategy” and the importance of assessing business infrastructure with a long term investment;
  • Why Origin has invested in machine learning, and how this technology is integrated into its real estate business;
  • Typical cash flow timing for Origin’s ground up construction projects;
  • A review of the types of deals that Origin is evaluating for their QOZ fund II;
  • Origin’s conservative approach to underwriting;
  • Live Q&A with webinar attendees.

Industry Spotlight: Origin Investments

Founded in 2007, Origin Investments is a private equity real estate firm based in Chicago. Designed for the needs of high net worth individuals, family offices and wealth management firms, Origin Investments provides the same level of service, terms, and results that larger institutions have enjoyed for decades.

Learn More About Origin Investments

Webinar Transcript

Jimmy: Then we’re gonna bring David Scherer on stage from Origin Investments. Origin’s been a longtime partner of OpportunityDb. They closed their OZ Fund I a while back, and they’re onto QOZ Fund II investing in luxury multifamily real estate in growth markets all over the United States, but predominantly centered in the Southern section of the United States. There’s David. Great to see you, you can dive in as soon as you’re ready.

David: Okay, I appreciate that. I’m gonna jump right in. Yes, Origin Investments, we do three things and you’re right, Jimmy, it’s all in the Southeast, Texas, and Southwest. We’ve been around for 15 years. What I’m most proud of, and I’m just gonna jump right in, I’m most proud of our performance. I think that my partner and I founded the firm in 2007. My partner’s name is Michael Episcope. He’s been on this in the past. He’s actually traveling, so I’m filling in. So, you get the other partner today.

We have generated 24% returns on all of our investments since inception, the 2.1 equity multiple. I think a lot of people are drawn to our co-investment. We’re very aligned as a company. As we sit today, we’ve raised and deployed a billion in equity, and $75 …….

Source: https://opportunitydb.com/2022/08/origin-investments-2/

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