Real Estate - Newport Beach, CA, US
In 1973, when the company started, we committed ourselves to a basic business principle - "stability through controlled growth and consistent hands-on management." Olen's success continues to be driven by this principle. Today, Olen has attained institutional stature in property ownership and development. We are particularly proud that our growth was achieved through internal operations and without outside equity sources. What sets Olen apart is that we build projects for the express purpose of profitably retaining them indefinitely. Consequently, our focus has to be day-to-day and detail oriented, while our vision has always been long term. We learned, in our early years, that in order to thrive in this industry, a company has to be both financially and organizationally prepared to deal quickly with market changes. For Olen, being dynamic in our objectives by continuously adjusting for factors that affect our industry, has meant the difference between enhancing our assets and profitability rather than merely preserving them. We not only weathered the last three real estate recessions, but managed to thrive and use them to our advantage. The past 40+ years have also been personally rewarding. I have seen a company of substantial stature, with a dedicated staff, rise from a personal dream. Today, we are very confident about our future and the achievement of even loftier goals, just like we know that in our industry there is no room for complacency. Olen is proud to be a supporter of the Andrei Olenicoff Memorial Foundation. For more information, visit the foundation's website at www.AndreiFoundation.com.
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