Berkshire Global Advisors acted as financial advisor to Origin Investments
Seller Details:
Founded in 2007 and located in Chicago, IL, Origin Holding Company, LLC (“Origin”), is a private real estate fund manager with expertise in multifamily residential real estate investments. Origin manages various funds that buy, develop and lend to multifamily properties, seeking to provide their investors with tax efficient income, capital appreciation and diversification for their investment portfolios. Origin funds have more than 3,000 individual investors, many of whom were referred to Origin through its partnerships with other firms that serve high net worth and ultra-high net worth clients.
Buyer Details:
Kovitz Investment Group Partners, LLC is an independent investment adviser headquartered in Chicago, IL. Kovitz provides investment and wealth management solutions to high net worth individuals, institutions and private funds. Kovitz has been part of Focus Financial Partners Inc. (“Focus”) since 2016. Focus is a leading partnership of independent, fiduciary wealth management firms that provides access to best practices, resources and continuity planning for its partner firms who serve individuals, families, employers and institutions with comprehensive wealth management services.
Transaction Summary:
Building on Kovitz’s long track record of success in real estate investing, this is a strategic transaction that will substantially increase the footprint and scale of Kovitz’s private real estate fund solutions for clients. This transaction will also make Kovitz’s wealth management expertise and operational infrastructure available to Origin and its investors.