Investors
Our Investor Relations are a pivotal point of our business model; while Omni Development is a self-sufficient development company, many of our projects have become the acquired assets of more major real estate groups, for either commercial or residential development. Our penetration among the industry with the aforementioned affiliates is strong and salient.
Omni Development is based in Visalia, California where most of our properties are located. In the residential housing market, the price per square foot has increased by 6% compared to last year, with an increasing trend. The last six months has seen a $50,000 market value increase to the median range of homes. Omni is not a publicly traded company and operates as a private entity with ownership divided among its principal founders, who are also avid investors in many of its active projects and acquisitions.
During the 2018 financial year, Omni has initiated eight active projects with three additional projects completed. Three of these projects have already been acquired by a few major real estate investment companies, while select other properties remain open for bid.
The recent investment companies associating with Omni Development for 2018 include Lennar Homes, which is a residential investment company based out of Miami, Florida with additional offices nationally; Woodside Homes, which sprang out of Salt Lake City, Utah, and Western Pacific Housing, a subsidiary of D. R. Horton.
D. R. Horton is a construction company hailing from Arlington, Texas wherein 2017, they were named the largest homebuilder in America, in addition to being an NYSE publicly traded company. They trade in NYSE under the abbreviation “DHI” and have held steady stock prices hovering around $45 per share in the last fiscal quarter. We look forward to doing more business with Western Pacific Housing in the future.
Some of our commercial investing affiliates who have acquired our properties include Panda Express, ARCO AM/PM, Subway, Jimmy Johns, Burger King, Taco Bell and America’s favorite redhead, Wendy’s.
Recently, Omni has expanded its southern Californian presence by extending into Orange County with an office located in the sprawling coastal bluffs of Newport Beach, California. Here, Omni intends to expand its commercial and residential luxury assets.
Investing within the real estate industry holds immense potential for monetary reward, and to Omni Development, investing is much more than acquisitions or monetary accruement, which is why we’re so successful at it.
The investment you make with a property or subdivision is also an investment into us, into our vision and construction of a viable asset that only accumulates value with time. We know the best neighborhood starts with better building, tactful approaches—and brilliant investors.
