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June 3, 2024

Origami Capital Partners and Benchmark Real Estate Group announce the acquisition of The Lowe, a 135-unit class-A multifamily property in Savannah, Georgia

Chicago, IL and Savannah, GA – June 3, 2024 – Origami Capital Partners and Benchmark Real Estate Group (“Benchmark”) announce the acquisition of The Lowe, a 135-unit wrap style, class-A multifamily property completed in 2023 and located within the strong and growing Thomas Square neighborhood of Savannah, Georgia.

The property is strategically positioned to benefit from Savannah’s robust economic growth and demographic trends, including significant student housing demand from the nearby Savannah College of Art and Design (SCAD). The Lowe boasts modern amenities unique in the Savannah market including a resort-style swimming pool, sundeck with firepits and grills, covered on-site parking garage, 24-hour fitness center, bike room, study lounge, clubrooms, pet spa, and package lockers.

Benchmark, led by Jordan Vogel and Aaron Feldman, has a demonstrated record of success investing in and managing multifamily and mixed-use properties across the East Coast.  The firm already owns multiple properties in Savannah, with plans to continue investing in the city.

Julie Klaff, Partner at Origami Capital Partners, stated, “We are excited to partner with Benchmark and expand our portfolio with the acquisition of The Lowe. This property represents an excellent structured capital opportunity to purchase a high-quality asset within a rapidly growing market.”

About Origami Capital Partners

Founded in 2008, Origami Capital Partners manages private capital that offers structured, creative approaches to complex challenges. Origami’s extensive experience navigating complicated situations helps to solve capital structure, liquidity, and follow-on capital issues for its deal partners. Origami evaluates and invests across asset classes and sectors, including real estate, credit, technology, and financial services. Headquartered in Chicago, IL, the firm manages committed institutional capital and is a registered SEC investment adviser.*

Benchmark Real Estate Group

Benchmark Real Estate Group is an owner / operator and real estate private equity fund manager that specializes in the acquisition, development, rehabilitation and management of residential and commercial real estate. The firm focuses on maximizing investor returns through intensive, hands-on management and aggressive lease-up to increase NOI throughout the hold period. Since its inception in 2009 Benchmark has executed over $1.5 billion in transactions.

Media Contact
Amanda Pendleton
[email protected]

*SEC registration does not imply a certain level of skill or training.