Marc Venegas
Principal, Orion Real Estate Partners
Manhattan Beach, CA 90266
Phone (310) 503-1365
Property Types
Multi-Family
Markets
Austin, Denver, San Antonio, Salt Lake City
Bio
Marc formed Orion Real Estate Partners with Mark Limpert in August 2017 to invest in multifamily properties throughout the Western United States and is responsible for all aspects of identifying and managing the firm’s investments.
Prior to forming Orion, Marc formed ColdWater Partners that acquired multifamily investments in similar markets and continues to manage the ColdWater portfolio today. Prior to forming ColdWater Partners in 2016, Marc was the Director of Multifamily Investments for MIG Real Estate, a Newport Beach family office with over $2 billion of assets under management. Marc was responsible for identifying investment opportunities throughout the Western United States and overseeing the asset management for the multifamily portfolio. Over four years, Marc acquired $700 million of multifamily properties and managed a portfolio with over 6,200 units producing returns significantly in excess of underwriting including two dispositions that generated a blended 24% IRR and 1.8x equity multiple.
Prior to joining MIG Real Estate in 2012, Marc was a Senior Vice President of Acquisitions at Heitman, a Chicago-based real estate investment advisory firm with over $22 billion of assets under management, where he was responsible for identifying investment opportunities throughout the Western United States.
Before joining Heitman in 2006, Marc was a Vice President, Fund Investment Management, with the J. E. Robert Companies. Marc began his real estate career as a senior financial analyst with NHP Incorporated, a Washington DC-based multifamily owner and operator.
Over his 29-year career, Marc has successfully underwritten and closed over $3.5 billion of transactions in all property types, including over 20,000 multifamily units.
Marc holds a Bachelor of Science Degree in Economics from the University of Pennsylvania.
Education