COVID-19 Update

The coronavirus outbreak has taken an unprecedented toll on the global economy, disrupting daily business activity and financial markets - and the effects are expected to extend into the real estate sector over the coming weeks and months ahead.

While we cannot fully speak to the severity and duration of the current situation, our goal at RevOZ is to assemble a portfolio of real estate investments that is defensive while providing long term capital appreciation and future cash yield. We are also looking carefully at other opportunistic entry points and prioritizing the most de-risked assets as we pay close attention to our goal of preserving capital and delivering attractive returns to our investors.

We remain focused on competitively priced multi-family and office projects in primary and secondary markets with the potential for above average job and wage growth over the ten-year Opportunity Zones hold period. Our pipeline of identified deals is void of any pure-play retail or hospitality exposure, although we may reconsider this stance as markets recover and new opportunities arise.

We are prudently evaluating our entire due diligence process and current pipeline of projects for any potential weaknesses. Our underwriting standards are more stringent now than they were prior to the pandemic, with a very conservative and critical view on everything we are pursuing.