Friday, May 18, 2012

Ori Tal and Condominium-conversion Focused ESO Equity Group


An established central Florida real estate developer with international law experience, Ori Tal directs ESO Equity Group. As President and Chief Executive Officer, he leads a holding company for commercial and residential properties throughout Cocoa Beach and surrounding areas. His responsibilities include managing complex stakeholder relationships that encompass lenders, contractors, community agencies, and managed-property tenants.

Mr. Tal built his enterprise with a focus on multi-tenant residential complexes that offer investors high potential returns. His firm has recently expanded its range of holdings to include a pair of high-profile commercial projects, bringing the total square footage of ESO Equity Group projects to over 1 million. One of the largest projects the firm has completed involved the transformation of the 25,000-square-foot Executive Tower & Plaza into a Class A office space, with 17,000 square feet of dedicated retail space. One of the largest undertakings of its type in Brevard County, the Executive Tower & Plaza replaced The Galleria at Cocoa Beach and features an inviting Mediterranean-style architecture and ambiance.

Ori Tal began his progression towards entrepreneurship in Israel, where he studied Economics and Law at Haifa University. He additionally completed an officer’s training course with honors, undertaking responsibilities as Lieutenant with the Israeli Navy reserves. He established the ESO Equity Group with several years of experience in law and transactional real estate behind him.

Residential projects undertaken by Ori Tal and his executive team over the past several years include Fairway Apartments and Millennium Palms Condominiums. The latter project offered tenants renovated 1 to 3 bedroom apartment homes on 12 acres of landscaped property, with bushes and mature trees ensuring privacy. The 144-unit property was sold at a significant return-on-investment two years after acquisition, in July 2011. In all, ESO Equity Group has completed work on more than 750 condominium units through its various investment projects. 

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