Marc formed Orion Real Estate Partners with Kyle Henrickson and Mark Limpert in August 2017 to invest in multifamily properties throughout the Western United States and is responsible for all aspects of identifying and managing the firm’s investments.
Prior to forming Orion, Marc formed ColdWater Partners that acquired multifamily investments in similar markets and continues to manage the ColdWater portfolio today. Prior to forming ColdWater Partners in 2016, Marc was the Director of Multifamily Investments for MIG Real Estate, a Newport Beach family office with over $2 billion of assets under management. Marc was responsible for identifying investment opportunities throughout the Western United States and overseeing the asset management for the multifamily portfolio. Over four years, Marc acquired $700 million of multifamily properties and managed a portfolio with over 6,200 units producing returns significantly in excess of underwriting including two dispositions that generated a blended 24% IRR and 1.8x equity multiple.
Prior to joining MIG Real Estate in 2012, Marc was a Senior Vice President of Acquisitions at Heitman, a Chicago-based real estate investment advisory firm with over $22 billion of assets under management, where he was responsible for identifying investment opportunities throughout the Western United States.
Before joining Heitman in 2006, Marc was a Vice President, Fund Investment Management, with the J. E. Robert Companies. Marc began his real estate career as a senior financial analyst with NHP Incorporated, a Washington DC-based multifamily owner and operator.
Over his 24-year career, Marc has successfully underwritten and closed over $3.1 billion of transactions in all property types, including over 17,000 multifamily units.
Marc holds a Bachelor of Science Degree in Economics from the University of Pennsylvania and is a licensed real estate broker in the State of California.
Kyle is a founding Principal of Orion Real Estate Partners and oversees fund raising, capital markets, and investment analysis.
Previously, Kyle focused on debt and equity placement at HFF in Los Angeles.
Before joining HFF, Kyle was a Senior Vice President at George Smith Partners, a Los Angeles-based real estate capital advisory firm, where he was responsible for underwriting, structuring/due diligence activities, and market research related to seeking the optimal capital source for commercial real estate transactions. Kyle successfully placed and closed $1.3 billion in commercial mortgage debt and equity for all property types across the country. Areas of expertise include joint venture and preferred equity advisory as well as permanent, bridge, and mezzanine debt financing.
Prior to joining George Smith Partners in 2014, Kyle was an Associate in the underwriting group at MIG Real Estate, a Newport Beach family office with over $2 billion of assets under management. Kyle was responsible for underwriting investment opportunities throughout the Western United States for all property types.
Before joining MIG Real Estate in 2012, Kyle was a member of the KPMG Germany, Corporate Finance – Real Estate practice based in the Frankfurt and Düsseldorf offices. Kyle began his real estate career in KPMG’s Economic Valuation Services practice based in the San Diego and Chicago offices.
Kyle holds a Bachelor of Business Administration with a minor in Real Estate from the University of San Diego and is a licensed real estate broker in the State of California.
Mark is a founding Principal of Orion Real Estate Partners and oversees asset management and investor reporting.
Previously, Mark was a Vice President at Bellwether Asset Management, the exclusive real estate asset management firm for Oaktree Capital Management. At Bellwether, Mark’s primary responsibility was to provide portfolio and asset-level surveillance and analytics for Oaktree’s $13 billion portfolio and served as the lead asset manager on a $1.2 billion value-add multifamily portfolio comprised of 10,000 units.
Before joining Bellwether in 2015, Mark worked at JRK Residential for six years where he was a Vice President of Asset Management overseeing revenue management, value-add capital strategies, and a staff of over 100 employees on a 6,000 unit portfolio of multifamily investments throughout the US.
Mark began his career as an analyst at Lehman Brothers in the Global Real Estate Group and then joined JER Partners as an analyst in Los Angeles.
Mark holds a Bachelor of Arts in Economics from Dartmouth College.