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City of Ormond Beach Awards $1,000,000 Real Estate Investment Contract to MAVIK (December 2024)

City of Ormond Beach logoCity of Ormond Beach
Disclosed value
$1,000,000
From minutes
Approved
Dec 13, 2024

The 30-second brief

What it covers

Mavik has been approved for hire with a minimum $1 million investment in Non-core Real Estate for both the Police Officers' and Fire Fighters' Pension Funds, diversifying their investment portfolios.

Who holds it

MAVIK holds this real estate investment contract with City of Ormond Beach. Its other public contracts on record include work for City of Traverse and Louisiana Assessors Retirement System Board of Trustees | State of Louisiana.

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Contract details

Contract type
Real Estate Investment
Amount
$1,000,000
Document date
December 13, 2024
Term
NA
Vendor
MAVIK
Agency
City of Ormond Beach
Source document
pension_boards_minutes_december_13_2024.pdf (Minutes)

MAVIK's other public contracts

City of Traverse, MichiganPension System Commits $1M to Mavik Real Estate Fund · Jun 30, 2026City of Traverse, MichiganPension Fund Commits $1M to Mavik Real Estate Fund · Jun 30, 2026City of Ormond Beach, FloridaPension Boards to Review Mavik Investments · Aug 22, 2025UndisclosedLouisiana Assessors Retirement System Board of Trustees | State of Louisiana, LouisianaBoard Requests Mavik Investment Presentation · Jul 22, 2025UndisclosedCity of Traverse, MichiganBoard Commits $1M to Mavik Real Estate Investment · Jun 24, 2025All MAVIK contractsVendor profile

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Questions about this contract

Who was awarded the real estate investment contract by City of Ormond Beach?

MAVIK was awarded this real estate investment contract by City of Ormond Beach, as recorded on December 13, 2024. The contract value is $1,000,000.

How much is the MAVIK contract with City of Ormond Beach worth?

The MAVIK contract with City of Ormond Beach is valued at $1,000,000, covering real estate investment work.

What type of contract is this?

This is a Real Estate Investment contract, documented as a minutes record.

Where was this contract approved?

This contract appears in pension_boards_minutes_december_13_2024.pdf (Minutes), dated December 13, 2024 from City of Ormond Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does MAVIK hold?

MAVIK may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Ormond Beach currently buying?

Explore City of Ormond Beach's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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