Aundre Oldacre

About Aundre Oldacre

Aundre’s role as a founding partner at AoRa is to find, evaluate, and prepare deals to be underwritten by lenders and investors. He implements various strategies to find off-market deals that are either undervalued development sites or add value acquisitions. Once acquired, he helps manage the process from start to finish, working alongside the team, ensuring the latest technologies are applied for the most efficient and expedient building methods. Aundre prioritizes sustainability, through the utilization of renewable energy sources, municipal tax incentives and programs, virtual doorman and assistants, property management solutions, and modular building. As a result, these practices, increase IRR for investors and the firm. Aundre has completed the Cornell commercial real estate program. The program all aspects of a commercial deal including acquisition, managing development, financing the deal, creative financing, property management, asset management, and underwriting.He also complete Columbia’s Construction Finance certification learn how to accurately provide cost estimates, quantity takeoffs, feasibility, financial modelling, and manage risk during a project. Aundre is a member of the off-site construction council with the National Institute of Building Sciences.Our advantage is we can build projects 50% faster, at a lower cost, with less variable and contingencies over traditional construction methods. We build with structural steel with better quality. We use the latest technology in renewable energy sources from wind, to solar, cogeneration, geothermal, and radiant heating to lower utility costs and increase profits for our investors.He got his start with BK Brownstones, in which he invested, renovated, and managed multi-family properties in Brooklyn, New York and the greater NYC areas. He started with 2-4 multi-families and are currently focused on larger mixed-use 50+ unit developments in the NYC area. Foward-thinking, efficient construction management, off-site modular construction, and deep understanding of the latest proptech innovations are the values he brings to successful on time and on budget large scale developments.

Experience

1. Co-founder & Managing Partner

   Aora Development

   Sep 2018 — Present · Brooklyn, NY, US

   As a founding partner at AoRa Development, Aundre specializes in identifying, assessing, and preparing deals for underwriting by lenders and investors. The company emphasizes sustainable retrofits, new construction, and the strategic use of local, state, and federal incentives alongside innovative financing approaches to achieve outstanding returns. AoRa is dedicated to incorporating cutting-edge technologies and methods, such as modular construction, construction disruption, advanced building materials, PropTech, and AI, to enhance efficiency, quality, and cost-effectiveness while expediting property stabilization.Aundre\'s commitment to sustainability is exemplified through the integration of renewable energy sources, leveraging municipal tax incentives and programs, virtual doorman and assistant services, property management solutions, and modular building techniques. These practices collectively contribute to heightened internal rates of return (IRR) for both investors and the firm.

Education

• University of Virginia

  Bachelor of Arts - BA, Economics

Skills

• Advertising
• Brand Development
• Entertainment
• Video
• Music
• Strategic Partnerships
• Television
• Digital Media