O3 Asset Management, LLC

O3 Asset Management,
LLC (“O3”) was founded
as a tax-advantaged
investment strategy
focused on investing in
high-quality business
and real estate
development projects in
Opportunity Zones (“OZones”).
As an O-Zone
fund manager, O3
provides investors with
a simple, streamlined
way of re-investing
capital gains into a
diverse set of
community
development projects
across the U.S.,
leveraging valuable
federal tax incentive

O3’s Competitive Edge


O3 is distinguished by a multifaceted management team with the proven experience and far-reaching government and industry relationships needed to capitalize on the evolving O-Zone landscape.  Unlike many narrowly focused O-Zone funds, O3 is highly opportunistic and focused on a range of locations and asset classes.  The accomplished team is dedicated to upholding the legislative intent of bettering communities while creating profit and returns for its investors.

 
Valuable O-Zone Opportunities

Established by Congress in 2017, O-Zones are designated community development areas which permit
individuals and businesses to re-invest capital gains in exchange for a number of valuable tax incentives.
Investors who partner with experienced, well-connected opportunity managers, like O3, have a chance to
generate significant long-term returns, resulting from beneficial projects that span a growing cross-section of the country.


Diverse Management Core


The O3 management team brings multidimensional skills in key disciplines – lacking among many O-Zone funds today – that are needed to effectively interpret the new O-Zone statute to form complex investment strategies.


About the Name


An Opportunity Zone is colloquially known as an “O-Zone” symbolized by O3, the molecular formula for ozone, the vital gas that forms the protective layer over earth’s atmosphere. O3 Asset Management is focused on protecting investments and harnessing O-Zone Fund growth.

Competitive Advantages
CONNECTED AND PROVEN VETERANS COMMITTED TO INVESTOR SECURITY AND SOCIAL BETTERMENT

Widespread
relationships
provide the inside
track on
opportunities


O3 leverages key
government, developer
and professional-advisor
relationships -- acquired
over decades of direct
industry experience –
allowing it to stay
connected with the most
promising O-Zone
prospects throughout the country.

Multidimensional
experience drives a
multidimensional
approach


While many O-Zone funds
bring one-dimensional
expertise (only in real
estate, for example), O3
covers O-Zone
opportunities from
multiple angles by tapping
a highly diversified
management team – with
expertise in legal,
residential and
commercial real estate,
complex lending,
incentive programs,
economic and housing
development,
financial/investment
services, and more.

Opportunistic
and unconstrained
by location and
asset class

 

While the majority of OZone
funds are limited to
commercial real estate in
specific regions, O3 will
integrate a highly
opportunistic approach that considers all geographic areas (currently 8,700 across the U.S.), asset classes, and
public and private
partnerships – for a more
diversified set of
opportunities and greater
potential for above market
returns.

Dedicated
to making a
positive impact


O3 is dedicated to
upholding the legislative
intent of the O-Zone
initiative to better
communities, by working
closely with local 
governments. As part of
its commitment to help
drive meaningful social
impact, O3 will give a
portion of its management fees to CIDC, a 501(c)(3) not-forprofit corporation that
provides services in the
economic development
and affordable housing
development arenas.

Raising the bar on
risk management
and security


O3’s investment approach
is focused on capital
preservation and finding
safe investment
opportunities for investors. This is achieved through a rigorous underwriting process with experienced  professionals and outside advisors. O3 is committed to
providing an elevated
level of risk management
and security.

 

       Leadership Experience
VALUABLE MIX OF SKILLS IN INVESTING, LOW INCOME HOUSING, FINANCE AND REAL ESTATE LAW AND PROPERTY DEVELOPMENT

William Loewenstein

Director Government
Relations

• Over three decades of experience
in economic and housing development fields


• Knowledgeable in a full range of federal,
state and local housing and economic
development programs


• Specializes in the empowerment of
public/private partnerships and helps
non-profits establish self-sustaining
delivery systems


• President and CEO of Community
Initiative Development Corp. (CIDC), a
501(c)(3) non-profit corporation
approved by IRS to alleviate the burdens
of local government which has
developed hundreds of housing units,
owns over $400 million in public benefit
facilities and for its public clients,
arranged more than $1 billion dollars of
economic development financing

Scott Esterbrook

 

Managing Partner

 President

• Currently a partner with global law firm,
Reed Smith LLP in the Commercial
Restructuring and Bankruptcy group


• Extensive experience working with
investment funds and financial institutions, structuring highly complex financial transactions, managing assets and underwriting projects


• Experience includes forming a bridge
lending program for a distressed
commercial real estate fund and
working with sourcers, underwriters and
asset managers on both the legal and
business side for a number of years.
Scott also is an expert in the Opportunity
Zone area of the law

 

Richard Kooris

Chief Investment
Officer


• 40 years’ experience as an entrepreneur
and real estate developer


• Core strengths lie in financial modeling,
architecture, design and hands-on
construction management


• Founded and operated companies in the
motion pictures and technology fields


• Developing a commercial and residential
real estate portfolio valued at over $250
million, focused on urban infill and lowincome
census tracts in Austin, Texas