Two Rockhurst High Grads – 50 Years Apart – Launch REIT in KC

(EZ Newswire)

KANSAS CITY, MO -- North Oak Investment, a private mortgage firm specializing in fix & flip rehab projects, is pleased to announce the establishment of a Real Estate Investment Trust (REIT). This innovative move aims to offer individual and institutional investors an opportunity to diversify their portfolios while capitalizing on the burgeoning real estate market here in Kansas City.

“We are thrilled to launch our REIT here in KC at a time when Kansas City is making such big waves on a global scale,” said Tommy Nigro, CEO of North Oak Investment. “Our REIT is designed to benefit KC Metro residents, Local KC business owners, and our accredited investor partners.”

Holding onto the Lessons of the Past

North Oak has been around since the 1970s when its founder, Bernard Richter, began making real estate loans to home builders, including Charlie Koehler. In 2017 Mr. Richter, who is a proud member of the Rockhurst High class of 1957, joined forces with Tommy Nigro, who is also a graduate of Rockhurst High, class of 2008.

“The depth of Bernie’s experience has been absolutely key to our ability to craft and hone the algorithms we’re now using every day to make complex, multi-faceted decisions on the fly,” said Tommy Nigro. “We’ve effectively canned Bernie’s decades of experience into a decision-making model that enables us to apply many years of hard-knocks experience into an instantaneous decision.”

These two, with their four-person staff, have managed to combine decades of Kansas City real estate experience with the best service providers in the private lending industry to create a profitable alternative investment vehicle for their accredited investors and an institutional-level funding source for their local small business owner clients who are working hard every day to beautify and improve neighborhoods in and around KC.

Key Benefits for Investors

  • Diversification: The REIT provides a straightforward way for investors to diversify their assets by investing in real estate without the need for direct property ownership.

  • Collateralization: Unlike stocks and bonds, The REIT is collateralized by 100% first mortgages with an average “loan to value” (LTV) of 70%.

  • Liquidity: Unlike traditional real estate investments, shares in this REIT can be easily bought and sold, providing investors with greater liquidity.

  • Income Potential: Investors benefit from regular monthly dividend payments generated from the REIT’s real estate income, offering a reliable income stream.

How to Invest

For more information on how to invest or to view the REIT’s prospectus, please visit or call 816-249-1001.

For more information watch our video:

Media Contact

Tommy Nigro, CEO
North Oak Investment LLC
Phone: (913) 687-3333


SOURCE: North Oak Investment

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