The exit differs for each project; however, the usual holding period is 3 – 5 years.
During the holding period, the Investment Committee continually evaluates market conditions, to consider the best exit opportunity for investors. At the end of the predetermined holding period, the real estate will be placed on the market, unless:
1. The market conditions prior to the predetermined holding period are favorable to exit.
2. OrbVest received a favorable unsolicited offer.
3. Market conditions indicate to postpone the exit.
4. If the building is sold, the above hurdle free carry (capital profit) is distributed between the parties.