Origin Capital Partners Launches Denver Tech Corridor Crowdfunding Opportunity

CrowdfundBeat News Wire,

CHICAGO, Feb. 4, 2016 /PRNewswire/ — Real estate investment firm Origin Capital Partners has launched its first Denver deal on its new crowdfunding platform: Denver Corporate Center I (DCC I), an 11-story office building in the Denver Tech Center.

Investments in the building begin at $10,000 for accredited investors, who must meet certain income or net worth requirements.

Origin Capital (PRNewsFoto/Origin Capital)

Origin Capital (PRNewsFoto/Origin Capital)

“Real estate crowdfunding is growing fast — it’s expected to raise more than $3 billion in 2016,” said Michael Episcope, cofounder of Origin, which has more than $500 million of real estate under management. “But we’re not marketing other people’s deals. Our firm owns Denver Corporate Center and will own it for the same period as our investors.”

Added Origin cofounder David Scherer: “This is about opening up high-quality, privately held real estate to investors who previously could not access firms such as ours. The minimum investments were – and at most firms still are – too high for people to reach.”

Scherer and Episcope personally have invested approximately one-third of all of the equity in the firm’s acquisitions to date.

That philosophy has served Origin’s investors well as its second real estate fund, of which DCC I is one of many assets, is on track to double investors’ money over its five- to seven-year horizon.

Denver Corporate Center

Origin Capital Partners and Hamilton-Titan have formed a joint venture to acquire DCC I for $23 million.

Hamilton-Titan has had an ownership interest in the building since 2006. The deal involves Origin buying out a previous investor.

Origin plans to improve the building, adding a fitness center, wifi café, locker and shower facilities, bike storage, etc. It is 83 percent leased.

Built in 1981 as part of a three-building complex for IBM, which remains a tenant, DCC I is Origin’s first investment in Denver. Among the reasons for making this investment is the city’s population growth; the expansion of light rail in the Denver tech corridor; and easy access to interstates and airports.

Origin Capital Partners

Founded in 2007, Origin Capital Partners focuses on acquiring apartment and office buildings in eight target markets. The firm is currently raising its third fund, with a $150 million target, of which Episcope and Scherer are investing $10 million.

Tags: , , , , , , ,


BloombergCouples Desperate For Children Turn to Crowdfunding FertilityBloombergCrowdfunding has become a popular mechanism for many couples who can't afford the high costs of IVF, or adoption and surrogacy. “It's not an easy thing to share publicly,” says Crystal Barrett, 33 [...]

Mountain XpressFaces in the crowd: WNC crowdfunding initatives | Mountain XpressMountain XpressEach week, Xpress highlights notable WNC crowdsourcing initiatives that may inspire readers to become new faces in the crowd. This week features a feature ...and more » [...]

Crowdfund InsiderMassive Rule 147 Amendments May Be On The Horizon Impacting Intrastate CrowdfundingCrowdfund InsiderAlmost a year ago, the SEC proposed certain amendments to the current Rule 147 which were intended to help foster, and increase the viability of, Intrastate crowdfundin [...]

AZCentral.comTiny companies lure investors under Arizona crowdfunding lawAZCentral.comInvestors who make bets under the state's one-year-old crowdfunding law certainly have the potential to get in on the ground floor, but they must be patient and might not receive any returns. Th [...]

MarketWatchWhy a crowdfunding site is giving out $10,000 scholarships ...MarketWatchIt's another indication that families are struggling with college costs.and more » [...]

Huffington PostReal Estate Crowdfunding's Pathway of ChangeHuffington Post“Crowdfunding is just the Internet,” stated Attorney Mark Roderick as he opened last month's RealCap Chicago. RealCap is an annual conference that joins crowdfunding leaders and innovators to propel th [...]

BBC NewsNHS trust 'relies' on crowdfunding to equip wardBBC NewsAn NHS trust has launched a crowdfunding appeal to buy equipment for a new hospital unit because "it cannot get started without donations". The Royal National Orthopaedic Hospital (RNOH) in Stanmore, n [...]

MottoIVF: More Couples Crowdfunding to Pay for Procedure - MottoMottoMore and more couples are turning to crowdfunding to fund costly in vitro fertilization (IVF) treatments, Bloomberg reports.More Couples Who Can't Afford IVF Are Turning To Crowdfunding For HelpRomperCouples des [...]

EntrepreneurIs Crowdfunding Right for You? Answer These 7 Questions to Find ...EntrepreneurLess than a third of crowdfunding campaigns reach their financial goals. Will yours be one of them?and more » [...]

ForbesVenture Crowdfunding Revisited: An Update with NIN VenturesForbesI am about to head off to attend the Global Crowfunding Convention (GCC) 6 in Las Vegas. It will be my fourth time attending. The crowdfunding industry has grown from $16 billion in 2014 to $34 billion in 2015, and [...]

CFB Finance

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |