NEWS
February 23, 2012: Origin capital is pleased to announce the closing of an 88-unit garden apartment community located in suburban Seattle, WA.
The property was acquired in a joint-venture with Chicago and Seattle-based operating partner, Randolph Street Realty Capital, at an investment basis that represents a discount to recent comparable transactions completed within the submarket. The property was financed with a seven-year, fixed rate loan with Freddie Mac. The business plan is to improve the rent roll, provide an increased level of service and community at the property and gradually push rents up to current market levels. Also, a light renovation will be completed at the property which will include refurbishment of the clubhouse, landscaping and select window replacements.
read moreJanuary 31, 2012: Origin capital is pleased to announce the closing of a 300-unit garden apartment community located in suburban Atlanta, GA.
The property was acquired in a joint-venture with Atlanta-based operating partner, Marquis Investments, in a short sale with the existing lender at a substantial discount to current market value. The business plan is to complete a substantial renovation of the common areas and unit interiors and fully reposition the property over the next 12 to 18 months.
read moreAugust 11, 2011: Origin Capital is pleased to announce the closing of the Origin Capital Opportunity Fund.
Equity raised will be used to acquire commercial real estate throughout the US in all CRE asset classes.
read moreJune 2011: Origin Capital is proud to welcome David J. Welk to its team as Vice President.
Mr. Welk is responsible for the sourcing, structuring and execution of Commercial Real Estate Investments at Origin Capital.
read moreFebruary 2011: Tom Briney has joined Origin Capital's team as Senior Analyst.
Mr Briney is in charge of underwriting Commercial Real Estate Investments at Origin Capital.
read moreDEAL ARCHIVES
- November 15, 2011
Origin Capital successfully acquired a 78,000 SF portfolio of retail properties with long term leases to Giordano's. Read articles: Giordano's Bankruptcy and Giordano's Sold.
Victory Capital Partners, a private equity company, purchased the business assets of Giordano's at auction and will be the provider of the corporate guarantee of the leases. The properties, purchased out of the Giordano's bankruptcy, are comprised of 7 corporate and 2 franchise leases.
- July 21, 2011
Origin Capital joint ventured the acquisition of a 304 unit class B multifamily building located in Houston, TX.
This project represents a tremendous value added opportunity that will be realized by repositioning the property through a substantial capital improvement plan.
- February 2011
Origin Capital Partners and Newgard Development successfully closed on the acquisition of a 100,000 sq. ft. grocery anchored, retail center located at 2501-2541 W. North Ave. in Melrose Park, IL.
- April 10, 2010
Acquisition of two medical office properties located on Chicago's west suburban Rush-Copley Medical Campus. The properties were acquired from a healthcare REIT using 73% LTC financing.
- March 25, 2010
Acquisition of a 35,000 square foot medical office building in the heart of the Chicago's Medical District.
- December 23, 2009
$21,00,000 acquisition of 14 entitled acres of urban infill in Chicago, with partial completion of site infrastructure.
- September 19, 2009
Acquisition of a non-performing loan collateralized by a multi-family project in the suburbs of Chicago, Illinois.
- April 24, 2009
$15,332,943 acquisition of non-performing loans collateralized by properties located in Chicago, Florida, and Pennsylvania.
- November 5, 2008
Acquisition of a sub-performing note collateralized by an operating self-storage facility in Pennsylvania.
- September 24, 2008
$14,317,000 acquisition of non-performing notes collateralized by residential assets in Florida.
- August 23, 2008
$4,925,040 acquisition of non-performing notes collateralized by 11 partially completed town homes in Chicago.
- February 25, 2008
Acquisition of 2 performing notes collateralized by national flag hotels.
Providing Solutions. Creating Opportunity.
Origin Capital is a Chicago-based real estate investment firm that focuses on the acquisition of industrial, multi-family, office, retail, and hotel properties nationwide. The company is uniquely positioned to deploy fully discretionary capital without the approval constraints and structural limitations that many traditional investment funds face. Origin's network of strategic partners facilitates opportunities across the country by identifying and maintaining control of critical, on the ground, market and property due diligence.
- Underwritten over $5 billion in real estate debt and real estate
- Purchased over $150 million in loans and real estate
- Acquired properties in retail, office, industrial, multi-family, self-storage, residential and hotel
- Successfully closed on 100% of accepted letters of intent
- Worked with borrowers and lenders to recapitalize existing debt and equity structures
Origin Capital handles all transactions with discretion, but select references can be provided upon request. Let us help you evaluate and solve your capital needs.