We strive to create generational wealth through investment & education in commercial real estate for our investors. We believe one of the best ways to improve communities is by improving properties.
Over the last 15 years, Alex has focused on creating high value-add real estate opportunities, honing his skills in all aspects of development, asset repositioning, and property management in St. Louis, Missouri.
Starting at just personal investments and solo property management, Alex has built Oliver Properties into a 15-person firm with more than $50M in current assets under management (AUM), on track to reach its goal of $500M in AUM over the next decade. Oliver Properties has grown into a leading, vertically-integrated developer, owner, operator and property manager of value-add multifamily, mixed use and retail assets.
Alex has personally invested in more than 550 units and has successfully acquired and closed on over 20 multifamily and mixed-use properties, which span from A to C-class properties.
Prior to starting in real estate, Alex earned a Bachelor’s in Mechanical Engineering from the University of Illinois in 2005 before taking on leadership opportunities in engineering and project management.
Our strategy for acquisitions revolves around value-add multifamily, mixed, and retail plans. With our vertically-integrated firm, we utilize our experience, partnerships, and proven track record to unlock higher potential in every transaction.
For our multifamily criteria, we seek properties that are 75-150 units, built in 1980 or later, and have below-market rents of 15% or more. We also look for properties in areas with a median household income of $70,000.
In terms of retail centers, we seek properties that are 25,000-75,000 square feet, built in 1975 or later, and have a vacancy rate of 15%-30%. We also consider locations with minimum traffic counts of 15,000 vehicles per day and a median household income of $70,000 or higher.
Within our extensive professional network of investors and bankers, we determine the best approach to acquire and deploy the capital.
We begin by analyzing and underwriting properties to determine the value-add opportunities and upside of a deal.
We oversee the portfolio to protect our investments & maximize our ROI so we can deliver exceptional returns to our partners.
Our expert in-house team for property management and construction operations are brought in immediately during due diligence to formulate an intensive plan of action and begin execution with lightning speed.