Lakehead Portfolio
Ontario expansion and expert management yield a 25% average annual return
OCMI’s Lakehead Portfolio exemplifies our ability to identify and capitalize on high-potential opportunities in challenging market conditions. Acquired in the wake of the 2008 subprime housing collapse, this underperforming 201-unit portfolio near Lakehead University was transformed into a thriving 324-unit asset over five years. Through expert management and strategic expansion, we provided our investors with consistent income and impressive returns, even during a global economic downturn.
Project Overview:
In the aftermath of the 2008 subprime housing collapse, OCMI seized a strategic opportunity to acquire a 201-unit underperforming rental portfolio in Thunder Bay, Ontario, located across from Lakehead University. Over the next five years, we expanded the portfolio to 324 units, providing stable, passive income to our investors, despite the global economic downturn.
Strategic Implementation:
- Opportunistic Acquisition: Leveraging the economic downturn, OCMI acquired a well-located but underperforming portfolio, positioning it for long-term growth.
- Portfolio Expansion: Through strategic planning and management, we scaled the portfolio from 201 to 324 units, maximizing rental income potential.
- Resilient Income Generation: Investors received consistent monthly income, achieving an average annualized ROI of 25% during a challenging economic period.
Impact and Results:
OCMI’s management of the Lakehead Portfolio not only shielded investors from the global financial crisis but also delivered substantial returns. The project’s success is a testament to OCMI’s ability to identify and capitalize on unique opportunities, even in adverse market conditions, providing significant value and financial security to our investors.
