OHI's Beginning:
In 1999, OHI's founders, Jonathan and Heather Bell wanted to do something to make
a positive difference and leave the world a little better. Like many of us, they
were searching for a career that gave them a sense of meaning and the ability to
leave a legacy.
With limited capital and experience, the Bells found their new passion through turning
around under-valued, under-performing real estate.
The Bells began their real estate investing with a $12.92 down payment on their
first property. At the time they had under $100 in their bank account and approximately
$18,000 in credit card debt. From that initial $12.92 investment and without receiving
a business loan for operating capital, OHI was created to successfully and passionately
revitalize neighborhoods.
To this day, Heather still gets a thrill out of seeing the lights come on for the
first time at a newly developed property. Jonathan is amazed he gets paid for doing
what he loves to do - transforming neighborhoods.
In 2008, OHI and affiliated companies will complete over $60 million in development,
$18 million in construction revenue, and $8 million of rental revenue. The primary
purpose of OHI is still the same, to dramatically improve the quality of life and
physical livability of neighborhoods through exciting and rapid development.
|