The firm’s expertise is in value-add multifamily investments throughout the United States with a primary focus on Texas and the Southeast. Each OREI transaction includes managing and executing a strategic asset repositioning, amenity upgrade, and operational optimization programs to maximize value for stakeholders including tenants, investors, and communities. The firm’s deals are capitalized by proprietary funds and programmatic relationships with institutional, family office, and ultra-high-net worth capital partners alongside institutional lenders ranging from agencies, banks, insurance companies and private lending funds.
Since its inception in 2001 by its founder, Jeronimo Hirschfeld, One Real Estate Investment (OREI) has grown into a leading value-add multifamily investment firm with a team of 20+ members consisting of departments such as Acquisitions, Asset Management, Development, Legal, Accounting and Investor Compliance and Investor Relations. OREI has over 11,000 units under management with a realized track record in excess of 30% IRR.
One Real Estate Investment currently owns and manages a well-diversified portfolio of multifamily real estate valued in excess of $1.5 Billion, composed of more than 11,000 multifamily apartment units. It has acquired and repositioned over 15,000 class B and C units in primarily 18-hour high growth cities across the United States.
We partner with national property management firms that have an exceptionally strong local and regional presence and experience in each of our target markets, further assuring timely and successful value-add implementation and streamlined ongoing operations.
Consistent deal flow provides our investors the opportunity to recycle capital tax efficiently via 1031 exchanges. Nearly all of OREI's capital partners have reinvested with the firm, deferring taxes and growing their equity investment
Ability to secure transactions at competitive pricing, catapulted by aggressive terms backed by our own proprietary capital.
OREI has quality debt relationships to assure competitive and compelling financing terms to minimize risk and optimize returns.
OREI’s communicative team has a foundation built on ethics and transparency. We utilize institutional best practice reporting methods augmented by software such as Investment Management Services (IMS) to allow for convenient, online investor access for up to date tracking of portfolio performance and distributions.
Our collaborative disposition analysis involves assessing timing of investment exits, recapitalization and refinancing potential. Strategic industry partners and broker relationships to continually assess and time the sales process to achieve maximum investor value.
By Radu Corfus | July 18th, 2023 | One Real Estate Investment has obtained $47 million for the construction of The One at Hope Mills, a 360-unit community in Fayetteville, N.C. Berkadia arranged the floating-rate loan that was provided by City National Bank of Florida and Abanca. The developer intends to break ground on the project in the third quarter of this year, with completion scheduled for the second half of 2024. BSB Design is providing architectural services and Berkley Hall Cos. will serve as general contractor.
By OREI | April 20th, 2023 | Elite Crossing marks the fourth acquisition in OREI’s $250,000,000 ONE Azora Exan Multifamily Fund I, LP. The business plan involves nearly $2 million of capital investment over the hold period through extensive interior and exterior renovations. As part of the modernization of the property, OREI will make upgrades to the clubhouse and pool, landscaping, package lockers, pergola and outdoor kitchen, dog park, fitness center and overall rebranding of the asset.
By OREI | January 4th, 2023 | Through an extensive marketing campaign, the terms of a sale agreement were reached in late Q3 2022. The Element at University Park officially transacted on December 28th, 2022. “The Element at University Park is an attestation of OREI’s ability to reposition an asset in the midst of turbulent conditions and yield sizable risk-adjusted returns to our investors” stated Hirschfeld. “Transforming the asset from predominantly student housing to only a minority student population added value to the asset and resulted in strong returns to our investors.”
By Daily Business Review | November 14th, 2022 | OREI has over $1B in AUM with over 7,500 units and has acquired and sold over 10,000 value-add multifamily units since its inception. In 2022 OREI broke ground on over 800 units and has over 1,500 units planned for 2023. The development strategy is focused on garden style apartment communities throughout the Southeast. The developments will provide unmatched amenities, including a fitness and yoga studio, pool, multiple dog parks, pool cabana with sauna, and more. In addition to the new development, OREI will complete 14 acquisitions of existing multifamily valued at $560+ million.
By OREI | August 31st, 2022 | Jeronimo Hirschfeld, President, and CEO of One Real Estate Investment (OREI), has announced the groundbreaking of a 264-unit apartment community in Fayetteville, North Carolina. The One at Fayetteville marks the expansion of OREI’s development projects after the completion this year of Strata Wynwood, a mixed-use development with 256 residential units, 60,000 square feet of office space, and 30,000 square feet of retail in Wynwood, Miami.
By Cindy Widner | May 05, 2022 | Miami’s One Real Estate Investment picked up a 360-unit apartment community in an off-market deal in San Antonio. Called Axio, the Class B multifamily property at 8722 Cinnamon Creek Drive was built in 1985. It’s less than a mile from the South Texas Medical Center and within 10 miles of large area employers including the National Security Agency and the Southwest Research Institute. OREI put $6 million into apartment renovations and will enhance common amenities.