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NYC Opportunity Fund, LLC
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== Summary == * Fund focused on small/mid-size commercial and residential properties in NYC * Experienced team with a proven ability to generate post-investment value * Providing local operators with equity through joint venture structures * Investing $1-$10 million of capital in $5-$50 million transactions * Creating value through operational and strategic enhancement * Disciplined approach to dispositions timed to maximize value '''NYC Focused''' '''NYC Opportunity Fund was formed to generate attractive, risk-adjusted returns for its investors by investing in small and mid-sized commercial and residential real estate assets in New York City.''' Our Manager, NYC Recovery Manager, LLC is controlled by Stephen DeNardo, CEO of RiverOak (“RiverOak”) and James Nelson, Managing Director at Avison Young (collectively, the “Principals”). [[File:678161ffc8db640cf8ee7616dac53ad6b775df7.png]] Our Company seeks to build upon our Principals long established successful track record and to leverage our deep real estate investment experience and “on-the-streets” local knowledge of its targeted geography to generate superior risk adjusted returns by pursuing an investment strategy substantially similar to that of RiverOak’s prior five funds. We endeavor to capitalize on the inefficiencies in the market by providing local sponsors/operators with equity through joint venture structures for small and mid-sized, value-added commercial and residential real estate assets located throughout New York City and its five boroughs. [[File:B0da7a27156952a366de6a0727d5bdeb2cd8adaa.png]] New York City is a geographic area where our management team has significant real estate investment and property management expertise. They also have intimate knowledge of the local markets and have maintained extensive relationships and knowledge of the sponsors that focus on these geographic areas thus providing the Fund with proprietary sourcing capabilities. We intend to focus on acquiring properties that we believe (1) can be purchased at a compelling value based on current market conditions and (2) have significant possibilities for capital appreciation.
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