Five years of ownership and operating experience in Martinsburg inform the questions we ask about housing, capital, and local economic development.
The portfolio and operating history shown relate to Invest Proxima LLC and related ownership entities associated with Diego Losada. Those entities are separate from LOXAR. This is principal investment and operating experience, including activity that predates LOXAR, rather than a LOXAR-owned portfolio or completed LOXAR advisory engagement.
An acquisition model is the start. Renovations, financing, leasing, maintenance, and changing demand determine what follows.
Through Invest Proxima and related entities, Diego has acquired and operated residential, workspace, lodging, and commercial properties in and around Martinsburg. The experience includes adapting existing buildings, managing tenants and contractors, working with local lenders, and making decisions when the original business plan needs to change.
That perspective informs LOXAR’s advisory work: test the market, understand the asset, examine the capital structure, and identify who can implement the plan.
See the process in MartinsburgA dated view of Invest Proxima’s holdings and operating history. Property counts and uses reflect the source periods shown, rather than a live inventory.
East Martin Street, West Martin Street, and North Queen Street feature in the Q2 2026 case study as held assets. The history includes renovation, residential leasing, and mixed-use operations.
Q2 2026 case-study statusExplore the operating story
Office and workspace properties on East Burke Street and North Queen Street connect real estate operations with the needs of small businesses and professional tenants.
Operating history through 2025Explore the operating storyShort-term lodging adds booking, turnover, maintenance, and demand-management experience to the residential platform. The March 2026 schedule lists both properties.
Last asset schedule: March 2026A historic building with a different implementation challenge: determining a viable use, capital requirements, and a path from vacancy to activation.
Vacant in the 2023–2025 reportA food-hall and small-business operating experience. Following operating losses, food-hall operations ended in April 2026 and the property moved into repositioning.
Historical operation · RepositioningThe March 2026 asset schedule lists nine holdings. The historical narrative includes an additional West King Street property sold in May 2025. The sold West King asset and the Garage on King are treated separately in the source records.
Developing a market takes sustained work with the whole community, from local leadership and community bankers to educators, property professionals, businesses, and residents.
In Martinsburg, Diego’s work through Invest Proxima extended beyond owning buildings. He built relationships with the Mayor’s office, the Berkeley County Development Authority, local community bankers, community-college leadership, state delegates and senators, accountants, real estate lawyers, and realtors. Together, those relationships connected investment decisions to local economic-development priorities.
That work included engaging state legislators on changes to legislation intended to accommodate modern projects, and working with local professionals on financing, transactions, workforce needs, and implementation.
Explore the local relationshipsInvest Proxima operating experience, described by the principal. Relationships do not imply endorsement or a completed legislative change.
Test renovation scope, lease-up, operating costs, debt service, reserves, and exit alternatives.
Connect local demand and economic-development priorities to building economics, funding, and delivery capacity.
Separate housing need from financial feasibility. Clarify capital gaps, responsibilities, procurement requirements, and the next decision.
The portfolio combines operating improvements with setbacks, vacancies, and repositioning decisions. We distinguish property-level results from portfolio results, cash flow from estimated value, and a community contribution from an investment return.
The Martinsburg case study shows the record periods, ownership structure, selected operating figures, and the lessons that inform our work.
Read the Martinsburg case studyDiscuss a market, asset, housing strategy, or implementation question with the LOXAR team.