Investment Strategy

NORO’s investment strategy is to acquire high quality and well-located commercial real estate by leveraging its extensive relationships with financial institutions, brokers and sellers. It seeks properties which are well below replacement cost and offer a compelling risk adjusted yield. Each investment is underwritten to account for any potential downside risk and with a focus on both capital preservation as well as capital appreciation – taking calculated risks only where/if necessary.

NORO pursues opportunities with the following investment criteria:

  • Well-located multi-tenant urban and suburban commercial properties in Atlanta.
  • Traditional value-add opportunities including asset renovations, REO opportunities and equity recapitalizations.
  • Well located, stabilized properties below replacement cost.
  • Non-performing and sub-performing loans.
  • Open to joint venture opportunities.
  • Loan assumptions