Approach
A conservative approach is the foundation for strong returns and long term relationships. We care about both.
Target Properties
OSmith Capital targets cash flowing properties across the Midwest & Texas. We seek opportunities to acquire Multifamily, Retail Centers, Industrial, & Single Tenant Net Lease (STNL) properties.
Return & Hold Periods
Hold period & returns vary, but we target projects with a hold period of 3-7 years, with an IRR of 18% +
Investment Structure
We pursue a two-pronged approach to create investment opportunities:
Co-GP Funds - OSmith partners with other real estate firms / developers on a project, joining the General Partnership team to help raise capital and manage the deal.
SPV Funds- OSmith pools investors to join into a project, oftentimes allowing for a negotiated preferential return and/or a lower buy-in for investors.
Past Projects
-
Midwest Portfolio
262 door multifamily portfolio consisting of 4 properties in Kansas, Missouri & Iowa. Partnered with lead investment firm Leavenwealth Capital. Raised funds for a value add project: repositioning through renovations and operations improvement, long term hold and a cash out refinance within 4-7 years.
-
The Preserve
72 unit multifamily complex in South Dakota. Partnered with lead investment firm Leavenwealth Capital. Raised funds for a value add project: repositioning through renovations and operations improvement, long term hold and a cash out refinance within 4-7 years.
-
Harrison Street
12 door multifamily property in Nebraska. JV with investors. Repositioned, cash out refinance, and then sold for profit.
-
Florence Hill
17 door multifamily property in Nebraska. JV with two investors. Repositioned, cash out refinance, and then sold for profit.
-
Tall Oaks
52 unit multifamily property in Missouri. Partnered with lead investment firm Leavenwealth Capital. Raised funds for a value add project: repositioning through renovations and operations improvement, long term hold and a cash out refinance within 4-7 years.
-
Patrick's Place
4 complex, 262 door multifamily portfolio in Kansas, Missouri & Iowa. Partnered with lead investment firm Leavenwealth Capital. Raised funds for a value add project: repositioning through renovations and operations improvement, long term hold and a cash out refinance within 4-7 years.
-
Maple Park
52 door multifamily property in South Dakota. Partnered with lead investment firm Leavenwealth Capital. Raised funds for a value add project: repositioning through renovations and operations improvement, long term hold and a cash out refinance within 4-7 years.
Frequently Asked Questions
-
Real estate syndication is a partnership between several investors who pool together their resources to invest in properties and projects that would be too expensive or complex for an individual investor. The syndicate is managed by a sponsor or syndicator who oversees the property selection, financing, and management. In return for their investment, investors receive a portion of the income generated by the property, and a share of the proceeds upon sale, usually proportional to their investment.
-
An accredited investor is a person or a business entity that is allowed to deal in securities that may not be registered with financial authorities. In the United States, the Securities and Exchange Commission (SEC) defines an accredited investor based on specific income or net worth criteria. As of my knowledge cutoff in September 2021, for individuals, this includes a net worth of $1 million (excluding the value of their primary residence) or consistent annual income of $200,000 for an individual, or $300,000 combined income for a married couple, in the last two years with the expectation of the same income level in the current year. The criteria can change, so it's always good to check the latest SEC regulations.
-
While real estate syndications can offer significant returns, they are not without risk. Potential risks include market fluctuations, property damage or loss, changes in property value, illiquidity (as these investments often require a longer-term commitment), and potential for loss of capital if the investment does not perform as anticipated. Furthermore, the performance of the investment is largely dependent on the abilities of the syndicator or management team. Investors should carefully evaluate all risk factors before committing to a syndication investment.
Schedule a meeting
We're here to help you grow your wealth and reach your financial goals. Contact us today to learn more about what we can do for you.