Investments
Creating value through strong principles
Investment Theory
In addition to taking a value-add approach to properties with existing income, Okoro Development forte is in opportunistic investments, whereby we take either distressed/vacant assets or vacant lots in areas with strong supply and demand fundamentals and develop them to their highest and best use per local demand, managing each stage of the process from asset purchase until sale.
8% YoY
Average rate of property appreciation
20%+
Average IRR at exit
50+
Properties developed
Portfolio Highlights
Revitalization of Downtown, Westside Baltimore
What the Community is Saying
“I have been in the neighborhood since 1995 and witnessed the steady decline of our block. After Okoro ‘s work on our block, we have witnessed a steady increase in business and positive traffic.”
– Westside business owner
109 W Lexington St
Square feet: 16,000
Type: Mixed-Use
Units: 17
Year: 2022
YoY Property appreciation: 20%
101 W Lexington St
Square feet: 6,300
Type: Mixed-Use
Units: 6
Year: 2016
YoY Property appreciation: 17%
124 N Liberty St
Square feet: 1,500
Type: Mixed-Use
Units: 2
Year: 2016
YoY Property appreciation: 41%
105 W Saratoga St
Square feet: 3,500
Type: Mixed-Use
Units: 5
Year: 2010
YoY Property appreciation: 11%