Azure Oak Partners

Thinking about selling your commercial property?

We buy office buildings, apartment complexes, parks and small operating businesses — and we build the purchase around what the seller actually needs. No listing. No marketing period. No parade of buyers through your building.

I have a property to sell

What we do

Commercial real estate, and the businesses that sit on it.

Office space. Apartment complexes. RV parks and campgrounds. Mobile home parks. Storage. Small operating businesses. If it's commercial and it produces income, it's in our lane.

We look hardest at the ones that aren't performing the way they should — half-let buildings, deferred maintenance, a park that's never been run properly, an owner who has been carrying it alone for too long. That's not a problem to us. That's the reason we're interested.

Our partners have owned and operated real estate since 2009 — 28 properties across 10 states, over $24 million. We manage what we buy.

Why owners sell to us

Instead of listing it.

The sale gets built around you

Most sellers only ever get offered one shape of deal: a cheque, minus commission, all in one tax year. We can pay you over time instead, at a rate we agree, so the money keeps working. Or you keep a slice of the asset and stay in for the upside without doing any of the work.

Your tenants don't need to know

No sign out front, no marketing package circulating, no buyers walking your building on a Tuesday afternoon. Leases carry on. Your staff and your tenants find out when it's actually happening, not while you're still deciding.

We take it as a going concern

The leases, the vendors, the systems, the people who know how the boiler works. If it's a business, we're buying the business — not stripping it for the real estate.

It doesn't need to be full or fixed

Vacancy, deferred maintenance, a bad year, a tenant who left and was never replaced. Bring it. We've priced worse, and we'd rather see it honestly than be surprised in diligence.

How it usually goes

Three steps, and the first one is a phone call.

1

You tell us about it

What it is, where it is, roughly what it earns, and what's making you think about selling. Ten minutes.

2

We underwrite the real numbers

Trailing actuals and a rent roll — not a broker's proforma. If the expenses are missing insurance, management or reserves, we'd rather find that now than after we've wasted your time. If it isn't a fit, we'll say so.

3

We close in 30 to 45 days

Because the terms are agreed directly between us, there's no bank underwriting in the background deciding whether your sale survives.

In plain English

“Paid over time” — what that actually means.

Instead of handing you the whole price at closing, we agree a down payment and then pay you the rest in monthly instalments, with interest, over a set number of years. You're the one holding the note.

Sellers choose it because the income keeps coming, the interest is real money on top of the price, and spreading the proceeds across years can be treated very differently at tax time than taking it all at once.

If you'd rather keep a piece of the asset instead, that works too: you stay in for a share of what it earns from here, and we do the running of it.

Talk to your own CPA about the tax part. It depends entirely on your situation and we're not going to pretend otherwise. And if none of this appeals and you just want a straightforward sale — tell us. We'll be honest about whether we're the right buyer.

Thinking about selling?

Tell us what you've got.

If it's not for us, we'll say so quickly and you've lost nothing.

Three entrepreneurial women. Three different backgrounds.

Jami came from law. Jen from real estate. Karley from customer service. We met, we clicked, and we’ve been building ever since — one asset at a time.

Jami, Jen and Karley of Azure Oak Partners

Who you'd be dealing with

Who does what.

JH

Jami Hearn

Chief Executive Officer

Jami is a Pennsylvania real estate attorney and a licensed broker. What that means in practice: the person on the other side of your purchase agreement reads contracts for a living.

She runs the firm, raises the capital, and owns legal and compliance, contracts and acquisitions. She's direct — if something doesn't work she'll tell you, and she'll tell you why.

One thing she's genuinely passionate about: putting wealth into the hands of women. It's a large part of why she does this at all, and it's the reason she hosts Smart Girl's Guide to Real Estate.

She lives on a farm in rural Pennsylvania with cows, and travels every chance she gets.

Jami is writing her own version — placeholder
JR

Jen Reilly

Chief Operating Officer

I came out of construction, which means I look at a building differently than most people do. Where someone else sees a problem, I'm usually already pricing the fix — and I know the difference between a place that needs work and a place that has something actually wrong with it.

I'm on acquisitions with Jami — which is how the two of us met in the first place, when I represented her buying an RV park. Once we own something, my job is to make it cash flow and then keep it that way. Stabilise it, fix what's costing money, and get it running properly.

I live in rural Pennsylvania with dogs, cats, chickens and goats. I'm relentlessly organised, I like solving problems more than almost anything, and it has never once felt like work.

K

Karley

Chief Investment Officer

Karley came out of customer service, and it shows in the half of this business she owns. Tenant and guest relations, filling vacancies, rent collection, utilities, and the parts of the job nobody enjoys talking about — including evictions when it comes to that.

She came into the business through family and stayed because the work suited her. She's naturally entrepreneurial and it's the problem-solving she likes: seeing what a property could be, then finding a way to make it work. She also happens to be the one who cares whether a place actually feels like somewhere you'd want to live, which is not a small thing when it's your building being handed over.

Longer term she wants to use real estate to build something for single parents who run into barriers finding safe, stable housing. She is deeply family-oriented, a devoted animal lover, and she cooks.

Why it works

Jami is the visionary. Jen is the executor. Karley keeps it running.

Most partnerships are the same job done twice. Ours isn't. Jami sees where an asset could go and how the deal has to be built to get there. Jen makes it actually happen — the buying, the fixing, the getting it to cash flow. Karley takes it from there and keeps it full, paid and looked after.

Three women building generational wealth — ours, our families', and our partners'. The oak in our name isn't decoration. It's what we're actually trying to grow: something rooted, that outlasts the people who planted it.

So — what brings you here?

Partner with us — with a seat at the table.

We find commercial assets worth more than they're currently earning, buy them creatively, and run them ourselves. On some of those deals there's room for a partner. Not a silent one.

What partnering means

You're a partner, not an investor.

The way we've built this so far is deal by deal — joint-venturing individual assets with people who want to be in the business rather than on a distribution list. If you'd rather be in the room while the decision is being made, that's the kind of partner we're talking to.

In on the deal before it's a deal

You see the asset, the real numbers, and what we think it's worth — while there's still a decision to make.

A say in the terms

What we pay, how it's structured, what the seller carries, what we're prepared to walk away from.

You see what we see

The same underwriting, the same operating numbers, on the same schedule. Not a quarterly summary.

A voice in the exit

Refinance, hold, or sell — and what happens at the balloon. That's a conversation, not an announcement.

Worth saying plainly: this is the hands-on route, and it isn't for everyone. If you'd rather be entirely passive, say so on the first call — we'll be straight with you about whether we have something that fits, rather than talking you into the wrong shape of deal.

What we're good at

Specific, rather than impressive.

  • Buying below what the numbers support. We underwrite on real trailing revenue and real expenses. If the seller's figures leave out insurance, management or reserves — and they very often do — we find it before we bid, not after.
  • Operating, not outsourcing. Property management is in-house. That's why our expense ratios look the way they do, and why we can tell within a week whether an asset is being run badly or is simply in the wrong market.
  • Structuring the purchase. Seller financing, carry, assumptions, partial rollovers. How a deal is bought decides its returns as much as what's paid for it.
  • Sixteen years of owning the things we talk about. The partners have held real estate since 2009 — 28 properties across 10 states, over $24 million — through more than one market. That's a different education from a spreadsheet.

Let's talk

Tell us what you're looking for.

And how involved you want to be. We'll be straight with you about what we're working on and what we're not.