Ofra Beigel
Revered throughout the real estate industry as a dedicated, knowledgeable, and enthusiastic professional investor, Ofra Beigel has built a reputation as an expert in added-value commercial and residential properties.
Ofra is the founder of OB International Real Estate, a firm that specializes in the acquisition of real estate investment opportunities. The company, headquartered in New York City, purchases properties from banks, foreclosures, and short sales. “Real estate is a great investment if you buy it right,” says Ofra. “I find distressed properties where the numbers aren’t great; these properties are in need of a massive renovation in order to appreciate in value and maximize their cash flow.”
Ofra and her team of licensed real estate professionals manage and lease properties through their New York and Pennsylvania offices, utilizing their profound knowledge of the East Coast market. Their portfolio consists of warehouses, multifamily units, single family homes, condominium apartments, and mixed-use properties. “The combination of our multi licenses brokerage, experience and knowledge, allows us to engage in all aspects of real estate, including flipping, renting, buying, leasing, and more,” Ofra shares.
Ofra's expertise is in identifying solid cash-producing properties. When working with other investors, Ofra guides and supports throughout all phases of acquisition and management. “We provide our investors with excellent investment portfolios with a value-add approach that will yield a long-term, stable cash flow,” she says. Her commitment to the procurement of quality properties is reinforced by her integrity and experience. “We love our investors and the people we’re working with, so we always keep things clear, straightforward and reliable. It isn’t just about our bottom line; we want everyone to make money,” Ofra shares.
Surprisingly, when Ofra first arrived in New York 15 years ago, with her husband, Ron, and their two daughters, Shira and Keren, she had no prior involvement with business or real estate. In fact, she had received her bachelor’s and master’s degrees in linguistics from Israel’s Bar-llan University, before continuing her studies at New York University, ultimately becoming a Ph.D. candidate. During this time, Ofra began to invest in real estate in the United States, buying a few condos and multifamily properties. With each of her purchases, Ofra found herself seeking out professionals to answer her questions about local laws and other issues involved in the process. “I remember asking my husband, Ron, who is also a businessman and CPA, so many questions. Ron is my best friend and has been my most trusted advisor since I was 17,” she says. But it was after reading a book on the New York real estate industry that she decided to pursue a career in the field. She was now on her way to a lucrative profession.
In 2015, eager to open her own company, Ofra returned to school and worked for two years to gain the additional knowledge and skills that would allow her to succeed. Over these two years, she made several investments and by doing so, gained a practical understanding of the process. Finally, in 2017, her dream became a reality and OB International Real Estate was born. Ofra credits her success in part, to her lifelong mantra: “Wherever you go, go with all your heart.” She is also considerate of her actions and time at the personal level, especially since the sudden passing of her business partner, Margaret, who was an architect and who she saw as a friend and mother. “Her death has taught me the importance of living every day to the fullest as well as being a strong, independent and determined woman. I used to call Margaret 'the Renaissance woman.’ I learned many things from her that are a primary part of my everyday life and I will miss her very much,” Ofra shares.
Contact:
Ofra Beigel
Principal and Founder
OB International Real Estate Investments
120 West 45th Street, Suite 700
New York, New York 10036
website: www.obinternationalre.com
Facebook: Ofra Beigel | OB International Real Estate
Download the magazine and see Ofra's feature on page 84.