Ojas Capital, LP

Ojas Capital is a real estate investment firm comprised of seasoned industry veterans focused on acquiring and managing real estate assets. Ojas targets value-add (and rescue) acquisitions, repurposing opportunities and conversions, and select development opportunities primarily within the senior living and multifamily/student housing real estate asset classes. Ojas utilizes a disciplined research-driven investment approach to efficiently target opportunities and quantify risks before combining that with an “active” management approach to work closely with its partners to execute its business strategy. Target Opportunities Within Senior Living, Ojas primarily focuses on investment in Independent Living (IL), Assisted Living (AL), and Memory Care or Alzheimer’s (MC or ALZ) properties within a core-plus / value-add / opportunistic strategy Assets should be well located (near healthcare providers, employment centers, retail, and recreational amenities) in markets that are supported by strong fundamentals including stable or growing target populations, job growth, high school graduate growth and appropriate median incomes and surrounding home values for the target product type Existing assets should be priced at below replacement cost and that may have below-market in-place rents, and/or above market vacancy rates that are being run inefficiently so Ojas can put in place an optimized operational platform and implement the appropriate capex strategy Opportunities should allow for original equity to be returned prior to sale through recapitalization and/or operating income Ojas will also explore acquisitions of other assets types that could strategically be converted to senior housing or student housing through the execution of a value-enhanced strategy Ojas uses its existing relationships and market knowledge to acquire assets at a low basis, and control repositioning costs through intensive project management Ojas will work with motivated sellers to close quietly and quickly and can employ creative capital structures to accommodate various seller situations