Oakwood Real Estate Partners, LLC (OREP), Oakwood Multifamily Partners, LLC (OMP), and OMP Fund Manager, LLC (OMP FM) provide investment management services for real estate investments, primarily through pooled investment vehicles (private funds). OREP focuses on real estate investments, while OMP and OMP FM focus on multifamily real estate assets. The firms operate as a single advisory business.
Fee Structure
Oakwood Real Estate Partners, LLC (OREP), Oakwood Multifamily Partners, LLC (OMP), and OMP Fund Manager, LLC (OMP FM) manage pooled investment vehicles (private funds) and charge a management fee, typically between 1.25% and 1.75% annually, based on capital commitments and invested capital. This fee is billed and paid quarterly in advance by the fund's investors. The firms may also charge a performance fee (Promote) based on net profit, generally no more than 20% of remaining distributable cash after members receive a return of capital contributions and a preferred return. The funds are also responsible for all fund-level expenses.