Jun 04, 2019

Quality sponsor with a good track record. There is a lot of skin in the game with both principals putting a good amount of their own money in the funds. Funds I and II did well but most other funds also did well during that time given the economic cycle. True test is fund III. Unfortunately several of their properties in Fund III are performing below pro forma and none are performing above pro forma which is concerning.

Their communication and reporting is very good. Fees is definitely higher. Waiting to see if Fund III performs well before deciding to invest in any of their future funds given the higher fees.

Aug 24, 2017

The Origin guys are entitled to make a good living, but their competitors are charging less. 

May 21, 2018

R D,

Thank you for your response. Our fee structure has been misperceived by many investors to be higher than other investments, but in our experience, it has more to do with the way we present than reality. We pride ourselves on putting our fees up-front and center because we want our investment partners to know exactly what they are paying. Origin’s value proposition is not to be the low cost provider in the market, but we are certainly competitive, if not on the lower end of the fee spectrum. The value we’ve been able to deliver to our investment partners over the last 10 years is well in excess of the cost. I included a URL below for an article we wrote that dives into our fee structure and how it stacks up to industry competitors.

https://origininvestments.com/2016/06/28/what-to-look-for-in-private-equity-real-estate-fund-fees/ 

Feb 28, 2017

 I'm simply sold on the principals, the management and their ability to execute.  To place some context around the amount, anticipating that they will do approximately 15 or so independent transactions, my average exposure to any one property will be just under $5,000.  Considering the alternative of deploying those funds on my own with multiple sponsors and given the confidence I have placed in them, this made the most sense for me.  I also like Origin's niche on deal size which as they state are larger than most individual investors can afford but too small to entice the large institutional money.  This gives me a nice spread of risk and mix above any other deals that I would otherwise invest through RealCrowd, CrowdStreet, Equity Multiple, etc.

Jan 27, 2017

This sponsor offers a fund, through which most investors will participate.  It also offers some one-off deals which may not fit in the fund or where the deal is  too large for the fund to take all the equity.  I invested in a side deal, which seems to be performing according to plan.  The principals of Origins have co-invested substantial amounts of their own equity in the fund, which is a good sign.  They also have a well oiled marketing program, which does a good job of educating prospective investors through a series of road shows around the country.