OakGrove Companies

When I was younger, I would marvel at Rochester's historic old buildings. I would also see new buildings constructed, or blighted vacant old buildings brought back to life by developers, and to be quite honest, I felt envy. I was like, "I wish I could have a piece of that" or "I wish I could DO that." It wasn't just for the financial reasons but I think my envy was driven by mankind's innate desire for immortality. These buildings, these projects would not only serve an i...mmediate need for housing or contribute to the vibrancy of a neighborhood, but they would be enjoyed and interacted with for generations to come. Upon David Martin’s and my professional journey, we have come to realize that the reason the participation of these projects remain in the hands of the very few is due to HIGH barriers of entry. It takes a lot of money and experience. For us it has taken decades of experience and to forge the relationships with the people who make our projects happen: our investment partners. Who happen to all be high net worth individuals. People who can spare anywhere from one hundred thousand to half a million dollars to partner with us on our projects. We realize that this system is extremely exclusive. Our company OakGrove Companies seeks to be more inclusive with all parts of our company, but have not been inclusive on the curation of our investment partner base. The reasons for this are simple. Having a hundred small investment partners on a project instead of one large investor is very cost prohibitive. The cost of compliance, financial reporting, and just the simple logistics of having to communicate with a hundred partners as opposed to one. Crowdfunding technology and securities law reform over the past 10 years has been a game changer and will allow us to be way more inclusive to our partner base. So that being said, our New Years resolution in 2021 is to widen our audience of potential partners! So if you are interested in receiving information on our upcoming development opportunities, please request to subscribe at: http://www.oakgrovecompanies.com/partner-with-us.html Cheers and Happy 2021!

In the design of this space it was our primary objective to keep as much of the original character no matter how raw or damaged it was! As long as it was not rotted, we recycled it! Shout out to @keystone_rochester for helping execute that vision! This building, part of the old Cunningham Carriage manufacturing plant, was neglected for decades. It’s very rewarding to slowing bring this important piece of Rochester history back to life! - - -... #thisisroc #rochesterny #renovation #historicpreservation #susanbanthony #roc #architecture #historic #realestate #realtor #realestateinvestment #commercialrealestate #realtor #investing #history #realestatedevelopment #automobile #cunningham #car #realestateinvestor #classiccar #jayleno

Partnerships are a great way to level up in real estate investing and development. The three components of a successful project requires an opportunity, experience and capital. Investors are often lacking in one or two of these components, so what do they do? They oftentimes partner with others who can bring these components to the table. - One critical error that a lot of people make is not structuring an exit strategy for that partnership. Things can be euphoric when you fi...rst enter a partnership but that relationship can change over time so you want to make sure you have a very well defined partner buyout plan to wind that partnership down in your operating agreement. Incidentally I made a presentation talking about this very subject and posted it on our blog. Check out the link in my bio! - - #realestate #multifamily #realestateinvestor #realestateinvesting #apartment #multifamilyrealestate #entrepreneur #investor #cashflow #realestateinvestors #apartmentliving #realtor #investing #apartmentinvesting #developer #apartments #buybacktheroc #money #realestateagent #financialliteracy #investment #passiveincome #thisisroc #financialfreedom #biggerpockets #rentalproperty #rochester #roc #rochesterny See more

It was encouraging seeing our friends development over at Center City Place Apartments on 131 State Street. It's right near our upcoming project at 17 East Main. They were able to lease up 24 apartments within 60 days which was the first phase of a 48 unit redevelopment! It also has no on site parking, very similar to our building which gives us confidence that new downtown residents are starting to acclimate to what truly makes walkable downtown neighborhoods. Plus they ...have tenants opening a grocery store and a wine bar! _ _ _ #realestate #multifamily #realestateinvestor #realestateinvesting #apartment #multifamilyrealestate #entrepreneur #investor #cashflow #realestateinvestors #apartmentliving #realtor #investing #apartmentinvesting #developer #apartments #buybacktheroc #money #realestateagent #restaurant #investment #passiveincome #thisisroc #bar #biggerpockets #rentalproperty #rochester #roc #rochesterny See more

17 East Main Street project update! Given all of the uncertainties surrounding the bar and restaurant industry, we have successfully leased the two retail spaces at the building to a quick service restaurant and a bar/tavern! Details to come soon once the tenants build their spaces out. On the upper floors of the building we are still researching feasibility of a residential conversion. Given the cost of development, construction, and lack of residential critical mass on ...the west side of the river, it is not certain that this undertaking will be financially viable yet. We are currently pursuing eligibility for historic tax credits which would greatly de risk a project like this for our investors. Tax credits and tax abatements oftentimes receive a negative image in the media, however most of the times they are critical in making or breaking potential projects, just like this one at 17 East Main Street. Photo Captions: 1st photo is of building before they modernized it in the mid 1960s. 2nd photo is the original buildings before they combined them together. The guts of the original building are still there but what in the world were they thinking ripping that beautifully ornate façade off? Last photos are David and Matt playing on the roof! - - - #multifamily #realestateinvestor #realestateinvesting #apartment #multifamilyrealestate #entrepreneur #investor #cashflow #realestateinvestors #apartmentliving #realtor #investing #apartmentinvesting #developer #apartments #buybacktheroc #money #realestateagent #restaurant #investment #passiveincome #thisisroc #bar #biggerpockets #rentalproperty #rochester #roc #rochesterny #realestate

At OakGrove, we have a commitment to helping the underprivileged build wealth in real estate. Unfortunately, we only have so much capacity to help individuals one on one. That's why we are really excited to collaborate with Generation Outreach founder Justin Ortiz on creating a video series on how to start and build your empire from scratch, using grit, hustle, determination and education. This video series will walk through a step by step process on how Justin buys and de...velops his first investment property! Stay tuned! - - #realestate #multifamily #realestateinvestor #realestateinvesting #apartment #multifamilyrealestate #entrepreneur #investor #cashflow #realestateinvestors #realestateeducation #realtor #investing #apartmentinvesting #developer #apartments #buybacktheroc #money #realestateagent #financialliteracy #investment #upstateny #thisisroc #financialfreedom #biggerpockets #rentalproperty #rochester #roc #rochesterny See more

New studio up for rent at The Cunningham! This space is a little under 500sqft, has 15 foot ceilings, huge windows that allow natural light, and charming exposed brick! It would make a perfect studio space for a photographer, jewelry maker, visual artist and any other artist or maker for instance. It's $450 per month and includes heat! We have an additional studio coming up soon so we are super excited to share photos once it's completed! Stay tuned and please share with a...ny creative person you know looking for space! - - - #thisisroc #rochesterny #renovation #historicpreservation #susanbanthony #roc #architecture #historic #realestate #realtor #realestateinvestment #commercialrealestate #realtor #investing #history #realestatedevelopment #automobile #cunningham #car #realestateinvestor #rochesterartist #artiststudio #makersspace #visualartist #artist #photographer

We have a few apartments that are available for immediate occupancy and others coming available starting May 1st. Take a look under "Available Rentals" on our website www.oakgrovecompanies.com to see pictures and virtual tours for a few of them too.

Run, don't walk! Bright and cheery 1 bedroom apartment with hardwood floors, remodeled bath, back porch, ALL UTILITIES INCLUDED! 1.) Plenty of offstreet parking. 2.) SUPER quiet apartment building, come home to peace and quiet after your long day of work or class! 3.) Beautifully renovated bathroom with ceramic tile and linen closet.... 4.) 1st Floor Apartment w private back porch and entrance! 5.) Responsive on site management. 6.) Very short walk to all Park Ave boutique restaurants, stores, and entertainment! 7.) Huge bedroom. 8.) Giant living room with beamed ceiling and stunning architectural details. 10.) No utility bills, all you pay for is internet or cable! See more

Kicking off the Real Estate Investment: Creating Positive Social Impact event at our auditorium space on King Street. What impact does real estate have on our community...

Hey all. My business partner has worked hard with his team over the past number of months to really transform this property. Now our company is going to be managing and leasing the renovated apartments and store front that are coming online. Come check out the model apartment and see what we have coming available!