“Beautifully renovated homes have never held more value. Leveraging existing structures modernized for new families is the best option to bridge our housing shortage.”
— Shannon Mogilinski
NOIR HOLDINGS
We are real estate investors restoring neglected homes and skillfully meeting the demands of today's market. Our investments cater to astute buyers seeking modernized style and convenient suburban living. Our team of project managers, tradesmen, designers, and agents understand the needs of today's buyers. Our work ethic is unparalleled. We deliver--every time. Your investment is our utmost priority and we have a track record to prove it.
OPPORTUNITY
UNDERSTANDING THE NEED
The United States is in the middle of a housing shortage estimated to be between 3-6 million. New developers are concentrating mainly on multi-family dwellings. (Sourced from CNN Business) “Years of under-building since the Great Financial Crisis has led to an inventory shortage. There is a long way to go before solving the chronic housing shortage.” (Moody’s, US Census Bureau)
MARKET
KNOWING OUR BUYER
Noir home buyers are high-income families purchasing their second or third residence. For this reason, we focus on municipalities offering excellent schools, neighborhood amenities, and thriving downtowns. The beauty of this buying pool is that they have more liquidity. They are less likely to be hindered by fluctuating interest rates. We have had both cash and mortgage buyers with no sale contingencies. Savvy buyers demand sophistication with luxury elements. They know the difference between a big box flip and a designer aesthetic. We cater to savvy buyers.
COMPETITION
RENOVATIONG NOT UPDATING
We renovate. Our competitors update. 15 years of general contracting experience is evident in the quality of our work. Our biggest competition is yet to be another flipped property, but more likely, new construction. We have an eye on the new construction market wherever we invest, aiming to maximize our product while pricing per square foot below a new home. Noir’s homes list on average 20-23% below new construction in the same communities, positioning us perfectly for the financially conservative and discerning house hunter.
PROPERTIES
ABOUT US
Shannon Mogilinski
Founder & CEO
Our foundation is laid by Shannon, a successful general contractor for 15 years. Her experience with incredible brands, large budgets, and aggressive timelines is now channeled through Noir. With a keen eye for design and a propensity for collaboration, she's mastered the domain of profitable property investments. She is the visionary behind every investment. Shannon refines the world of renovation while reading the market demands, resulting in a powerful formula for success.
Michael Mogilinski
Founder & CFO
With a track record of leadership in business and finance, Michael brings his senior executive talents to Noir. He has extensive experience in project and program management, encompassing a broad knowledge of best practices to ensure success. He converts financial opportunities into profits by leveraging his 25 years of real estate investing expertise. Michael envisions our path, guiding us to strong outcomes with solid strategies. He is the strategist behind the commercial portfolio backing the investments of Noir Holdings.
OUR PROCESS
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506 S. 6th Ave. St. Charles, IL 60174
smogilinski@uorinc.com | 630.677.2924
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