NOVEMBER 14, 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 will break 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. These developments will offer stylish one-, two-, and three-bedroom apartments across multiple floorplan layouts that aim to elevate the living experience. The developments will provide unmatched amenities, including a fitness and yoga studio, pool, multiple dog parks, pool cabana with sauna, and more. OREI is targeting people earning between 80 to 120 percent of the U.S.’ average median income in communities benefiting from net migration, job growth, wage growth, and lower cost of living. In addition to the new development, OREI will complete 14 acquisitions of existing multifamily valued at $560+ million.
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