Omega Real Estate Management

Overview

Omega Real Estate Management is a vertically integrated real estate investment and management firm based in North Miami, Florida. The firm specializes in the redevelopment of under-recognized areas in Miami, focusing on creating transformative communities in emerging South Florida neighborhoods. Their portfolio includes approximately 1,100 units, with an additional 700 units in the development pipeline. The firm's flagship project, The Gardens Residences, is a nine-story, 358-unit Class-A rental community in North Miami, designed for value-oriented renters seeking walkable amenities and convenient access to employment hubs. The Gardens Residences achieved full stabilization within its first year, underscoring the strong demand for quality housing in North Miami. Omega's managing partners have over 80 years of collective experience in real estate development, having played seminal roles in developing Miami's most sought-after neighborhoods, including Wynwood, Design District, and Little River. Their in-house construction advisory, property management, engineering, and leasing expertise have produced industry-leading, highly efficient projects that create value for investors and community stakeholders. The firm's strategy involves identifying early-stage submarkets with boundless potential and revitalizing them through strategic redevelopment. Omega's focus on Downtown North Miami represents Miami's most significant future opportunity for growth and investment. Over the last several years, its acquisitions in the Downtown North Miami core represent the largest in the area, and Omega has positioned itself as the driving force behind the area's redevelopment today. The firm's leadership includes CEO and Managing Partner Sebastien Scemla, who founded Omega in 2018 with a vision of leading in the redevelopment of under-recognized areas in Miami. Under his leadership, Omega successfully negotiated $15 million worth of public incentives catalyzing The Gardens Residences and North Miami. Other key members include CFO and Managing Partner John Lago, who handles all aspects of financing, accounting, and investor relations, and Director of Finance and Managing Partner Shawn Chemtov, who has been personally responsible for handling the funding of over $1 billion in secured loans for both residential and commercial properties. Omega's commitment to integrity, transparency, and excellence is evident in its approach to real estate development and management, aiming to build lasting relationships by prioritizing clients' needs and delivering results that exceed expectations.

Investment Focus

• Preferred investment horizon
• Targeted return on investment
• Geographical preferences
• Asset class preferences
• Risk tolerance
• Investment vehicle options
• Accredited investor status
• Due diligence process
• Co-investment opportunities
• Exit strategy plans
• Liquidity preferences
• Management fees
• Performance fees
• Reporting frequency
• Tax considerations
• Legal structure of investments
• Currency preferences
• Currency hedging strategies
• Regulatory compliance requirements

Portfolio Companies