Why Neighborhood Revitalization?
OHI has found itself in a niche market of turning around under performing properties;
usually acquiring properties from an owner who prefers to be less hands on with
their investments. For long term success, OHI believes the owner of real estate
must be active in creating value and constantly improving the assets operations.
OHI diligently works daily to create more value for its clients.
By constantly improving in each area of our business, it is very difficult for a
competitor to compete with OHI. For example, OHI can complete a $20,000 unit renovation
on a 200+ unit multifamily property in seven months, take the property down to 50%
occupancy through evictions of non-paying residents, increase the occupancy to
93% less than five months after construction is complete and have the
property refinanced from the construction loan to permanent financing within
13 months of original acquisition.
One may ask, "why neighborhood revitalization?"
The answer is simple. It's who we are.
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