News

Recent news and press. Stay tuned for the latest updates regarding Olive Tree Holdings’ multifamily workforce, affordable and hotel investment program.

Olive Tree Holdings Deploys LeaseLock Across Entire Portfolio

April 30, 2020

“With COVID-19’s impact on the rental housing industry, it’s more important than ever that operators offer an affordable move-in experience for residents while also protecting themselves from potential rent loss,” said Ian Bel, managing partner for Olive Tree. “LeaseLock enables us to do exactly that. It’s clear LeaseLock has a stronger, more sustainable lease insurance product relative to surety bonds—many of which were turned off in this environment.”

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Olive Tree Holdings Announces $6.9M Capital Improvement Plan at The Life at Northwest Gardens in Indianapolis, Indiana

November 28, 2022

Olive Tree Holdings, a mission driven private investment company with a focus on real estate, today announced a $6.9 million comprehensive capital improvement initiative at The Life at Northwest Gardens, a 366-unit multifamily community located at 5816 W. 38th Street in Indianapolis, Indiana. Capital improvement efforts are currently underway; upgrades to the exterior property façade and shared resident amenity spaces consist of roof replacements, new paintwork, enhanced landscaping design, repairs to the asphalt throughout the community, the installation of new cameras and upgrades to the LED lighting across the property.

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2023 Executive Preview: National Apartment Association

December 27, 2022

The 2023 Executive Preview from the National Apartment Association highlights what rental housing industry professionals, such as Jamin Harkness, President of The Life Properties, are looking forward to this year, and what they wish they knew last year.

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How ChatGPT could change commercial real estate

January 23, 2023

Olive Tree Ventures’ Ian Bel, Managing Partner, and Jeremy Kaner, Managing Director and Partner, talk about the future of Real Estate and ChatGPT in a forward-thinking conversation with The Real Deal.

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Olive Tree Successfully Exits Metro Atlanta Community for $21M With Sale to JV

June 28, 2019
A joint venture between Dunross Capital, Sureste Partners LP and Stonemark Housing Partners has acquired Hairston Woods Apartments, a 240-unit community in Stone Mountain, Ga.
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Olive Tree Sells MF Property in Stone Mountain, GA for $21M


July 1, 2019
A joint venture of Dunross Capital, Sureste Partners and Stonemark Housing acquired Hairstone Woods, a 240-unit multifamily community in Stone Mountain for $20.8 million. The seller was Olive Tree Holdings. Located at 1173 N Hairston Rd., the property is situated on more than 20 acres.
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Olive Tree Holdings embarks on $6 million modernization plan at Indianapolis apartment complex

March 6, 2023

Olive Tree Holdings, a mission-driven private investment company with a focus on real estate, unveiled a $6 million modernization plan at The Life at Creekside Reserve, a 320-unit garden-style apartment complex at 4514 Candletree Circle in Indianapolis. Improvements to the property are currently underway, with final completion slated for the third quarter of 2024.

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Olive Tree closes $11.6 million Fannie Mae loan for the refinancing of The Life at Snapfinger Woods

Dougherty Mortgage - Olive Tree

Aug 19, 2019
The Atlanta, Georgia office of Dougherty Mortgage recently closed an $11.6 million Fannie Mae loan for the refinancing of The Life at Snapfinger Woods, a 149-unit market rate multifamily apartment property located in Decatur, Georgia. The pet-friendly property offers on-site maintenance and management. The units have spacious open floor plans with sunken living rooms, fully equipped kitchens, private patios or balconies, fireplaces and large closets. The 7-year term, 30-year amortization loan utilized Green Rewards and was arranged for borrower 2 Shell Bark Road Decatur LLC.

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Olive Tree Exceeds 4,800 Units in GA & TX; Completes First Asset Disposition


Aug 26, 2019
Olive Tree Property Holdings LLC (“Olive Tree”) has continued its consistent expansion in Houston and Atlanta; completing 9 successful acquisitions year to date. The firm now owns 19 properties across Houston and Atlanta totaling 5.3 million square feet with 4,865 total units. There are several deals in the immediate pipeline totaling roughly 1,500 units set to close over the next 90 days.
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Affordable Housing Investors Buy Lakeside Villas In $29M Deal

January 26, 2023

Olive Tree Affordable Housing, an affiliate of New York City-based Olive Tree Holdings, on Thursday announced its purchase of The Life at Lakeside Villas, 1519 Lake Branch Drive. This is the firm’s first property investment in North Carolina. Changes to the community are planned as a result of the purchase.

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Olive Tree Expands Into Dallas with 24th Acquisition

March 13, 2020
Olive Tree Property Holdings LLC (“Olive Tree”), a New York based owner/operator of workforce multifamily communities nationwide, has announced the acquisition of Rosemont at Oak Hollow, a 153-unit affordable rental community located in South Dallas. This marked Olive Tree’s 24th acquisition since inception and 8th in the state of Texas.
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National Best Places to Work Multifamily®: 2023 Official Ranking Announced

December 9, 2022
Multifamily Leadership announced the official ranking for the 2023 Best Places to Work Multifamily® Program. The Life Properties, the property management and construction management affiliate of Olive Tree Holdings, has been named to the list.

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Olive Tree Announces Sale of Another Atlanta Asset

The Life at Peppertree Circle

July 10, 2020
Olive Tree Property Holdings LLC (“Olive Tree”) a New York based owner/operator of workforce multifamily communities nationwide, has announced the sale of The Life at Peppertree Circle (“Peppertree”), a 167-unit workforce housing community located in the eastern Atlanta submarket of Decatur. Olive Tree sold the property for $13.1 million after having purchased it in the summer of 2017 for $4.82 million.  The sale generated a gross IRR of 67% and an equity multiple of 3.1x in just under three years of ownership.
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Olive Tree Holdings and American South Real Estate Fund II Announce Third Investment Partnership Supporting Affordable Housing


Aug. 4, 2021

The Villas on Winkler redevelopment (now The Life at Sterling Woods) is made up of 234 senior/multifamily housing units located in Houston. Olive Tree Holdings is leading redevelopment efforts with ASREF II provided a $4.8 million in funds.
ASREF II is an impact fund dedicated to to the revitalization of distressed communities of color throughout the South.

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Olive Tree Affordable Housing Development is pleased to announce May’s closing of The Life at Parkview

Aug. 16, 2021
The Life at Parkview, a 309-unit multifamily community located in Pasadena, TX, renovated with 4% Low-Income Housing Tax Credits in 1994, will undergo a second substantial renovation beginning in August 2021, ensuring the Property remains safe, quality affordable housing for the residents of Pasadena beyond the expiration of its current rent and income restrictions in 2025.
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Olive Tree Holdings and American South Real Estate Fund II Announce $23M Investment Partnership Supporting Affordable Housing

The life at Elmwood Grove
Nov. 23, 2021
Life at Elwood Grove is Olive Tree’s 40th multifamily acquisition. Funding has been secured to acquire and begin the renovation of The Life at Elwood Grove (formerly known as Springdale Ridge Apartments,) a 192-unit affordable multifamily apartment community in Springdale, Arkansas. The 16-building garden style project is being rehabilitated by Olive Tree Holdings (“Olive Tree”). This is Olive Tree’s fourth partnership with American South Real Estate Fund (ASREF) I and II, managed American South Fund Management (ASFM), a partnership between SDS Capital Group and Vintage Realty Company.
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The Fed’s Next Move: CRE Experts React

September 20, 2023

Ahead of the Federal Reserve Open Markets Committee’s (FOMC) meeting, check out what our CEO and Managing Principal, Ian Bel, shared with Commercial Property Executive in an interview surrounding the Fed’s impending decision.

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The Life Properties launches $9.9 million capital-improvement project at Indianapolis multifamily development

September 13, 2023

The Life Properties, the property management and construction management affiliate of Olive Tree Holdings, unveiled a $9.9 million capital improvement program at The Life at Wood Springs, a 608-unit multifamily community in Indianapolis, Indiana.

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2023 Notable Leaders in Real Estate: Danielle Klapper

September 20, 2023

We are excited to share that our Vice President of Asset Management, Danielle Klapper, has been named to Crain’s New York Business’ 2023 Notable Leaders in Real Estate list. Danielle’s focus on tech-driven process improvements and automation, coupled with her dedication to a people-first approach and civic engagement, embodies the essence of a remarkable leader.

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Apartment Managers Adjust to New Realities

August 11, 2023

Jamin Harkness, CAM, CAPS, President of The Life Properties, recently spoke to France Media Inc. about the company’s strategic emphasis on bolstering leadership training, enhancing benefits packages and work-life balance programs to retain top talent amidst new macroeconomic realities.

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The Life Properties Nears Completion on $2.7M Capital Improvement

August 21, 2023

The Life Properties, the property management and construction management affiliate of Olive Tree Holdings, has advanced on a $2.7 million capital improvement initiative at The Life at Arden Landing. Arden Landing is a 131-unit multifamily community situated in Indianapolis, Indiana. Upgrades to the community are currently underway, with completion projected for Q4 of 2023.

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The Life Properties Appoints Aaron Maas as Executive Vice President

August 22, 2023

The Life Properties, the property and construction management affiliate of Olive Tree Holdings, announced today that Aaron Maas has joined the firm as Executive Vice President. Maas will primarily focus on leading and overseeing multiple critical departments, including Marketing, Maintenance, Affordable Housing Compliance, and Risk Management. Additionally, Maas will collaborate closely with The Life Properties’ leadership to continue driving operational excellence and the implementation of strategic initiatives that enhance team member satisfaction and the overall customer experience.

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In The Spotlight – Michael Rosenfeld


June 15, 2019
“We’ve probably done six or seven trades at least, maybe it’s closer to ten times that we’ve worked with Derivative Logic. Jim is incredible. Every single time all of the information that is preloaded into DocuSign is right. It’s just quick, quick, quick, finished and done. Our attorneys, all the right people are always included in the emails that come from him. I don’t have to forward stuff around. It’s almost as if he’s sat in the real estate operator’s seat for a while before he founded Derivative Logic. He gets who his audience is and makes it really easy to deal with. We’re very happy with him.”
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GlobeSt Commercial Real Estate’s Best Places to Work

April 4, 2023

Olive Tree Holdings, a mission driven private investment company with a focus on real estate, has been named Best Places to Work by GlobeSt. As a trusted source of insight into the commercial real estate community, GlobeSt. Real Estate Forum evaluated information and data collected from the viewpoints of employees to identify the 2023 CRE’s Best Places to Work.

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The Life Properties Wins 2023 Kingsley Excellence Award For 8 Properties

March 30, 2023

The Life Properties, the property and construction management affiliate of Olive Tree Holdings, a mission driven private investment company, announced today that it was named a winner of the 2023 Kingsley Excellence Awards, which recognize companies who continually exceed industry standards and consistently deliver an outstanding customer experience.

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Power Players in Residential Real Estate: Ian Bel

March 29, 2023

Olive Tree Ventures, the standalone PropTech and ConTech venture investing arm of Olive Tree Holdings, a mission-driven private investment company with a focus on real estate, announced that Jeremy Kaner has joined the firm as a Partner. Jeremy will oversee OTV’s investment activities across sourcing, diligence, and deal execution. Additionally, Jeremy will aid in leading portfolio company management, Strategic Partner Network activities, and serve as a member of OTV’s Investment committee.

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Olive Tree Holdings to Complete $6M Renovation of Indianapolis Apartment Complex

March 3, 2023

Olive Tree Holdings is underway on a $6 million renovation of The Life at Creekside Reserve, a 320-unit, garden-style apartment complex in Indianapolis. Completion is slated for the third quarter of 2024. Plans call for roof replacements, new windows and doors, low-flow plumbing upgrades, new security gates, electrical upgrades, revamped grilling stations, new signage and new paint.

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Olive Tree Affordable Housing enters North Carolina market

January 27, 2023

Olive Tree Affordable Housing, the affordable housing affiliate of Olive Tree Holdings, real estate investment firm focusing on value-add multifamily markets, has purchased The Life at Lakeside Villas, a 429-unit, affordable multifamily community located at 1519 Lake Branch Drive in Wilmington, N.C.

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Olive Tree Affordable Housing enters the North Carolina market with the acquisition of a multi-family community in Wilmington

January 14, 2023

Olive Tree Affordable Housing, the affordable housing subsidiary of Olive Tree Holdings, a private real estate-focused private investment firm, today announced the acquisition of The Life at Lakeside Villas, a 429-unit affordable multi-family development at the 1519 Lake turnoff in Wilmington, North Carolina. With equity provided by the American South Fund Management Team, Olive Tree has announced a capital improvement program to begin in the second quarter of 2023 to improve the quality of life for residents.

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2022 Year in Review: Andrew Schramm, Olive Tree Holdings

January 3, 2023

Congratulations Andrew Schramm, Vice President at Olive Tree Holdings, for being featured in New York Real Estate Journal’s 2022 Year in Review! This spotlight features Industry Leaders as they reflect on trends, changes, and milestones experienced in 2022.

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Borrower Profile: Olive Tree Sees Clear Path For Workforce Housing Expansion

December 9, 2022

New York-based Olive Tree Holdings, a mission driven private investment company with a focus on real estate, sees sustained demand and a clear path forward for its workforce housing strategy, with ample debt available from lenders – albeit at a substantially higher cost than a year ago. The value-add investor is targeting more rehab projects for potential acquisitions.

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Olive Tree Holdings Upgrading Affordable Houston Property

August 24, 2022

Olive Tree Affordable Housing, the affordable housing affiliate of Olive Tree Holdings, a mission driven private investment company, is planning to spend $25 million on a capital improvement project for The Life At Grand Oaks in Houston. The 556-unit affordable multifamily complex is expected to take about a year.

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Olive Tree Holdings tackling $3.7 million capital improvement project at Kansas City multifamily community

November 2, 2022

Olive Tree Holdings announced a $3.7 million comprehensive capital improvement initiative at The Life at Legacy Fountains, a 244-unit multifamily community at 1520 E. 97th St. in Kansas City, Missouri. Capital improvement efforts are currently underway and are slated for final completion by the second quarter of 2023.

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Olive Tree’s Houston Affordable Housing Community to Get Spruced Up

August 9, 2022

Olive Tree Affordable Housing, the affordable housing affiliate of Olive Tree Holdings, is spending $7.8 million on the 312-unit The Life at Westpark in West Houston. Built in 1994, Olive Tree took over the project in 2022. Its residents are reserved for those earning 60% of the area median income. Westpark’s affordability status was expected to expire in 2025, but Olive Tree is seeking another 75 years.

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Olive Tree Affordable Housing Unveils $7.8 Million Modernization Plan at 312-Unit The Life at Westpark Apartment Community in Houston

August 25, 2022

Olive Tree Affordable Housing, an affiliate of Olive Tree Holdings, a real estate investment firm focusing on value-add multifamily projects in dynamically growing markets across the United States, unveiled its $7.8 million modernization plan at The Life at Westpark, a 312-unit affordable multifamily complex in Houston, Texas. Property improvements are currently underway, with final completion slated for Q1 of 2023.

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People on the Move: Jeremy Kaner, Partner at Olive Tree Ventures

October 25, 2022

Olive Tree Ventures, the standalone PropTech and ConTech venture investing arm of Olive Tree Holdings, a mission-driven private investment company with a focus on real estate, announced that Jeremy Kaner has joined the firm as a Partner. Jeremy will oversee OTV’s investment activities across sourcing, diligence, and deal execution. Additionally, Jeremy will aid in leading portfolio company management, Strategic Partner Network activities, and serve as a member of OTV’s Investment committee.

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The Life Properties Appoints Jamin Harkness as President

Jamin Harkness Announcement
September 15, 2022
The Life Properties, the property and construction management affiliate of Olive Tree Holdings announced today that Jamin Harkness has joined the firm as President. Harkness will primarily focus on overseeing the day-to-day operations across the entirety of the property and construction management firm’s portfolio of work, which since inception has consisted of 16,000 workforce and affordable housing units.
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Olive Tree Revamping Houston-Area Rental Community

September 16, 2022

Olive Tree Holdings, a mission-driven private investment company with a focus on real estate, is underway on a $10 million renovation at The Life at Park View, a 309-unit affordable housing community in the eastern Houston suburb of Pasadena. Completion is slated for the second quarter of 2023.

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NY investors plan $43M of renovations of Section 8 apartments in Houston

September 21, 2022

Olive Tree Holdings, a mission driven private investment company with a focus on real estate, has renovations planned for three of its Houston apartment complexes – The Life at Parkview, The Life at Grand Oaks, and The Life at Westpark. Olive Tree Holdings has put $43 million towards renovating these three properties and construction is slated for completion in the second quarter of 2023.

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Multi-Housing News: Multifamily Investors Face the New Year Concerned About Capital Values

January 4, 2023

A new year always means new opportunities for multifamily investors and developers. But this year begins with a set of challenges that were not present at the start of 2022. Rising interest rates, a slowing economy, and the impasse over pricing between buyers and sellers are creating a turbulent capital markets environment. This feature highlights CEO of Olive Tree, Ian Bel, and his sentiments surrounding interest rate hikes and how Olive Tree has adjusted in the face of turbulent economic times.

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2022 Industry Leaders: Ian Bel, Olive Tree Holdings

September 27, 2022

Ian Bel, Managing Principal and Chief Executive Officer of Olive Tree Holdings, was named as one of NYREJ’s 2022 Industry Leaders. This spotlight features leaders in commercial real estate for their outstanding professional accomplishments and contributions to the industry.

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10M Facelift Underway At 3 NWA Apartment Complexes

October 18, 2022

Olive Tree Holdings, a mission driven private investment company with a focus on real estate, has announced $10 million in upgrades to three apartment properties in northwest Arkansas. Work is underway at The Life at Shiloh Reserve and The Life at Woodland Hills in Springdale, along with The Life at Rolling Meadows in Fayetteville. The improvements are scheduled to be completed in the third quarter of 2023.

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Movers & Shakers: Jamin Harkness, President of The Life Properties

November 29, 2022

The Life Properties has announced that Jamin Harkness has joined the firm as President. Harkness will primarily focus on overseeing the day-to-day operations across the entirety of the property and construction management firm’s portfolio of work, which since inception has consisted of 16,000 workforce and affordable housing units.

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Fayetteville properties to get $10 million investment

October 19, 2022

Olive Tree Holdings, a mission driven private investment company with a focus on real estate, said it will invest $10 million in three of its properties in Fayetteville with the intent to turn its duplex and fourplex residences into homes for purchase. This project will also provide residents across the Northwest Arkansas region with home ownership opportunities through the conversion of the duplex and fourplex residences for sale.

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