Onyx Equities, LLC has marshaled its talent and allocated capital to serve the demands of commercial real estate lenders and loan servicers. Onyx has the capacity to fund equity investments along with providing its full slate of professional services to maximize loan and property values. Now more than ever, in this historically challenging commercial real estate marketplace, lenders and servicers alike are seeking solutions to complex workouts and underperforming assets. Onyx, with its successful track record of investing, developing and repositioning office, industrial and retail assets, is a proven strategic solution for those in need of successful single asset or portfolio turnarounds. If you are a lender or servicer, whether you are faced with an asset that is non-performing or has undergone a bankruptcy, foreclosure, liquidation or have a loan maturing, we have the proven ability to reposition, operate and ultimately successfully monetize even the most challenging situations.
OVERVIEW
If you have a loan or asset in trouble, Onyx is your one source solution to reinvesting, repositioning and recapturing the value of your asset. We will develop a customized plan to maximize investment performance. We give you the ability to take over the operation of commercial properties and implement our proven asset management program to achieve asset value recovery. We offer two focus areas:
Direct Equity Investment
As experienced investors - our firm has acquired hundreds of millions of dollars of assets - Onyx has the ability to directly invest in either loans, single assets or portfolios. Onyx is able to provide lenders with a co-investment strategy that guarantees and aligns both parties’ interests. In this capacity, we can take control of the asset or jointly manage the asset to help the lender enforce its rights and bring our years of operational know-how to maximize the investment in the property by either pursuing foreclosure or by working out the loan with the borrower. As your partner in the investment, we ensure that our goals are consistent, and we adopt a mutually agreed upon plan to ensure the right course of action to protect and recapture the lenders investment.
Asset Recovery
For CMBS clients and partners, Onyx is able to provide assistance in creating value analyses to ensure the asset has a strategic plan to maximize its performance. We bring the power of our entire organization of professionals to manage, market and dispose of the asset in the most effective manner. Clients who utilize our services in the Asset Recovery arena are assured of working with a sophisticated array of real estate experts adept at turning around troubled and underperforming properties.
In either capacity, Onyx has the financial strength and operational ability to take an asset in trouble and convert it to its best and highest use from both an investment and performance perspective.
CAPABILITIES
As your one source workout solution, Onyx is able to bundle all of the services you need to improve a troubled asset or investment. Succeeding in a workout requires a disciplined, integrated approach. In that regard, Onyx offers a turnkey approach which includes such value add services as:
Pre-default Services - perform the necessary due diligence in order to understand the asset’s condition
Receiver/Trustee - provide court approved receivership services which include both asset and property
management
Market Studies - understanding local market conditions
Asset Valuation - determining the true value of the asset
Rebranding - creating an investment plan to turn around an asset
Asset Management - managing and stabilizing the asset to ensure it operates efficiently
Construction - our full service construction department is thoroughly experienced in upgrading and building out all property types
Accounting Services and Financial Analysis - providing all financial controls
Sales, Leasing, Marketing - a full team of in-house experts able to ensure each property receives the market exposure it requires
Dispositions - determining the best exit strategy
HISTORY
Founded in 2004, Onyx is a private investment, development and property management firm with decades-long history of excellence in the tri-state and Pennsylvania real estate marketplaces. The principals of Onyx have been responsible for consummating many of the tri-state’s most significant real estate transactions and developments in the office, industrial and retail markets. With more than 50 years of hands-on experience in the industry, the principals of Onyx are among the most experienced operators in the region. A hallmark of Onyx has been its ability to create value in all asset classes and property types, historically outperforming local markets.
