OC Ventures Website
OC Ventures Overview
OC Ventures is a Chicago-based private equity sponsor founded in 2015, specializing in acquiring, developing, and managing purpose-built student housing communities across the United States. Their investment model centers on identifying properties near universities or with high student demand, acquiring and repositioning (or developing) them, and then managing the operations to serve student renters. The firm markets itself as a vertically integrated platform — handling acquisition, asset management, and property management under one roof — to deliver value to both investors and residents.
Over time, OC Ventures has acquired multiple student housing properties in different U.S. markets, often targeting large, multi-bedroom units with amenities tailored to student lifestyles. Their strategy aims to capitalize on demand for housing among college students — a segment that tends to remain robust even through economic cycles. However, as of recent years, the firm has faced serious challenges: lawsuits filed by investors and lenders allege mismanagement and improper financial practices by its founder/CEO. Some properties reportedly fell into distress — triggering litigation, alleged defaults, and foreclosure actions.
Because OC Ventures does not publish firm-wide performance metrics, there is no publicly available IRR or return history. Given the ongoing legal and financial controversies, the firm’s profile carries increased risk for prospective investors — underscoring the importance of thorough due diligence, especially when dealing with assets under stress or legal dispute.
Address
401 N Michigan Ave, Suite 610
Chicago,
Illinois
60611
Year Founded
2015
Operates In
Illinois
Asset Classes
Student Housing
Accepted Investors
Accredited