Oak Street specializes in providing flexible capital solutions to a variety of organizations including corporations, healthcare systems, universities and government entities. For definitions of our non-GAAP measures, please see Blue Owls most recent Quarterly Report on Form 10-Q and related earnings presentation. Mr. Hampton has extensive experience structuring and closing construction loans and bridge loans as well. The WMR brands include: (1) iREIT on Alpha (Seeking Alpha), and (2) The Dividend Kings (Seeking Alpha), and (3) Wide Moat Research. I/we have a beneficial long position in the shares of O, BX, FRG, NNN, SRC, VICI, EPRT, WPC either through stock ownership, options, or other derivatives. Oak Street Real Estate Capital has agreed to be bought by Blue Owl Capital for up to $1.6bn (1.4bn). My team and I look forward to partnering with the Blue Owl team to bring Oak Streets differentiated product offerings to a new base of investors and to collaborate to bring additional investment opportunities to investors in Oak Streets funds down the line.. The firm's breadth of offerings and permanent capital base enables it to offer a differentiated, holistic platform of capital solutions to participants throughout the private market ecosystem, including alternative asset managers and private middle market corporations. We look forward to working closely together and are excited for what the future holds. It works only in coordination with the primary cookie. The transaction was previously announced in October of 2021. Oak Street offers a unique platform combining direct and indirect real estate strategies across two lines of business, its Net Lease platform and its Seeding and Strategic Capital . This article was coproduced with Williams Equity Research ('WER'). All Rights Reserved. I have no business relationship with any company whose stock is mentioned in this article. The firm was founded in 2009 and headquartered in Chicago, Illinois. Cap rates are rising, and while that creates opportunities for lucrative acquisitions, it also means pain for "bond-like" real estate investments. The firm was founded in 2009 and headquartered in Chicago, Illinois. $32.25 - 43.5 is $31.815. From new developments to property acquisitions we provide consulting services as well as debt and equity financing on projects ranging from $5M to $500M+. Although human nature is to irrationally use the rearview mirror to drive our investment portfolios (e.g. Already the Second-Largest Buyer During Pandemic, CEO Says Chicago Firm Has $10 Billion Pipeline Oak Street Real Estate Capital owns this 1.3 million square feet industrial property at 50 Rausch . Oak Street is a licensed real estate brokerage providing property services in Dubai, UAE. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Doug Ostrover, Co-Founder and CEO of Blue Owl, said: "We are thrilled to officially welcome Marc and the Oak Street team to Blue Owl. Oak Street specializes in providing unique and flexible real estate solutions to a variety of organizations including corporations, healthcare systems, universities and government entities. Email: bh@oakstcap.com Since the deal is all cash, another buyer must improve on the $32.25 to be feasible. Spicewood, TX 78669, Tel: +1 (312) 731-3391 5 0 obj
Please. <>/Metadata 3336 0 R/ViewerPreferences 3337 0 R>>
Oak Street has been very active in the public REIT M&A space. If you have an ad-blocker enabled you may be blocked from proceeding. Oak Street's Chicago office is now an additional office for Blue Owl. STOR's model is primarily a single-tenant triple net lease. We look forward to working closely together and are excited for what the future holds. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law. Oak Street Real Estate Capital is a diversified real estate investment firm. STOR itself has a BBB rating with a positive outlook from S&P. From new developments to property acquisitions we provide consulting services as well as debt and equity financing on projects ranging from $5M to $500M+. Oak Street Real Estate Capital is a diversified real estate investment firm. Email: bh@oakstcap.com That's a healthy improvement over the pre-deal's 11.8 times, but keen investors know what STOR's 5-year AFFO multiple is around 15.5 times (it's a little over 16 times since inception). Oak Street structured a $210M , five-building sale-leaseback last December from insurance giant MetLife, totaling 1.3M SF. Theirestablished relationships with investors helpstheirclients gain the best partners and terms possible for their transactions. Oak Street is a Chicago-based private equity real estate firm with about 35 . xT]o0}pIMk;*RvPT6:xnyqtnZ\`|y Under the terms of the definitive merger agreement, STORE shareholders will . Oak Street offers a unique platform combining direct and indirect real estate strategies across two lines of business, its Net Lease platform and its Seeding and Strategic Capital platform. If you experience any issues with this process, please contact us for further assistance. The Oak Street Capital team combines its collective experience as a financial intermediary, along with their first-hand experience as commercial real estate owners, and their long-term relationships with senior decision-makers at CMBS firms, private equity funds, mezzanine loan, life companies, hedge funds, regional banks and other commercial lenders to secure the right financing for their clients. Chicago-headquartered Oak Street Real Estate Capital is the only newcomer to land in the PERE 100's top 20. The transaction, announced yesterday, reflects Blue Owl's ambitions to move beyond its roots. The private equity firm could buy up to $2 billion worth of the. Disclosure: WER is long STOR and OWL and short STOR put options. 2017-2022 Oak Street Capital, LLC. Blue Owl Capital has over 300 employees across its Direct Lending and GP Capital Solutions divisions and has nine offices globally. 41 + 2.5 is 43.5 cents. Blue Owl, formed through a merger of Owl Rock Capital Partners and Dyal Capital Partners, is making its first acquisition since going public through a blank-check company earlier this year. endobj
4 0 obj
CEO up until two quarters ago (no one at Wide Moat Research has any affiliation with STORE Capital outside of owning common equity). Oak Street Real Estate Capital is a diversified real estate investment firm. Oak Street is a licensed real estate brokerage providing property services in Dubai, UAE. Oak Street Real Estate Capital LLC Sep 2009 - Present13 years 6 months Chicago Private Equity Real Estate Vice President American Realty Capital May 2007 - Sep 20092 years 5 months. NEW YORK and CHICAGO, Dec. 30, 2021 /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL) announced today the completion of its acquisition of Oak Street Real Estate Capital, LLC ("Oak Street") and its investment advisory business. That ties O and beats SRC's 28%. Oak Street Real Estate Capital is a diversified real estate investment firm. SCOTTSDALE, Ariz. & SINGAPORE & CHICAGO - STORE Capital Corporation (NYSE:STOR, "STORE", "STORE Capital" or the "Company"), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that GIC, a global institutional investor, in partnership with Oak Street, a division of Blue Owl and one of the . Oak Street Real Estate Capital is a diversified real estate investment firm. 9 See similar companies for insight and prospecting. Our competitive advantages include our experienced team of investment professionals, a global platform and a unifying investment philosophy that is complemented by a set of core business principles. Additionally, Mr. Milek has created risk rating systems,including the real time asset modeling & valuation models andhas extensive experience in developingloan policies and procedures. The platform seeks to work with strongly aligned management teams with leading investment capabilities, oftentimes led and controlled by women and minorities. Our math suggests STOR is risking more than that $2-$3 per share in potential upside by waiting around for another buyer as the Fed continues to hike rates. Blue Owl Capital's management team is comprised of seasoned investment professionals with more than 25 years of experience building alternative investment businesses. Blue Owl was formed through a combination of Owl Rock, a lender to middle-market and upper-middle-market . Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Blue Owl Capital Completes Acquisition of Oak Street Real Estate Capital, https://www.prnewswire.com/news-releases/blue-owl-capital-completes-acquisition-of-oak-street-real-estate-capital-301451517.html. When typing in this field, a list of search results will appear and be automatically updated as you type. 2017-2023 Oak Street Capital, LLC. The firm was founded in 2009 and headquartered in Chicago, Illinois. Private Placement of Senior Secured Notes, Coordinating Lead ArrangerAdministrative Agent, Massachusetts Development Finance Agency Series 2022, Sales Tax and Telecommunications Revenue Refunding Bonds, Left Lead ArrangerJoint BookrunnerAdministrative Agent, Lead ArrangerBookrunnerAdministrative Agent, has entered into an affiliation agreement with, has divested of a 14.2 MW community solar portfolio in Illinois to, tpg-growth-and-novant-health-partnership-medquest-associates, massachusetts-development-finance-agency-dyouville-senior-care, utah-telecommunication-open-infrastructure-agency. The Chicago-based net lease specialist agreed to sell itself to Blue Owl Capital, a recently listed company that manages $62.4 billion of direct loans and capital solutions products . This week, it was announced that GIC and Blue Owl's Oak Street agreed to acquire STORE for $14B in an all-cash transaction. For more information, please visit us atwww.blueowl.com. All Rights Reserved. That last one is relevant as STOR has 30 days to shop the deal to another buyer. Oak Street Capital LLC Fortunately, WER owns equity in both, so it's basically a wash. Brad Thomas has exited his position in STOR and reallocated it to another net lease REIT mentioned today on iREIT on Alpha's chat board. With more than forty years of successful real estate and financing expertise, Oak Street Capital has financed more than $2 billion for its clients. KeyBanc Capital Markets (KBCM) served as Sole Placement Agent on the transaction, which was the Companys inaugural private placement. Again, this is not really at $32.25 as I pointed out. Oak Street Real Estate Capital is a diversified real estate investment firm. First, it has a lot of properties - just over 3,000 as of the end of the last reporting period. GIC Real Estate, Inc. and Oak Street Real Estate Capital, LLC completed the acquisition of STORE Capital Corporation (NYSE:STOR) from Berkshire Hathaway Inc. (NYSE:BRK.A), BlackRock, Inc. (NYSE:BLK),The Vanguard Group, Inc. and others. Mr. Milek founded Ridgewood Capital, a real estate advisory firm, in 2008. The firm was founded in 2009 and headquartered in Chicago, Illinois. Is this happening to you frequently? Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com. Faucibus tristique felis potenti ultrices ornare rhoncus semper hac facilisi Rutrum tellus lorem sem velit nisi non pharetra in dui. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Oak Street has agreed to purchase and lease to GPM real estate associated with acquisitions of convenience store brands and fueling stations. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Web: www.oakstcap.com. Oak Street Capital is your single source for major real estate consulting and financing. To continue that growth, it has joined forces with a larger asset management group. The retailer sold 2.1 . Investor ContactAnn DaiHead of Investor Relationsowlir@blueowl.com, Media ContactProsek PartnersDavid Wells/Nick TheccanatPro-blueowl@prosek.com. We recently added an all-new Ratings Tracker called iREIT Buy Zone to help members screen for value. As a company valued everyday by the stock market, that matters. Oak Street Real Estate Capital is a diversified real estate investment firm. Sept 15 (Reuters) - Singapore's GIC and private equity firm Oak Street, a division of Blue Owl Capital Inc (OWL.N), will buy commercial real estate investment trust Store Capital Corp (STOR.N) in . A Record 25% of Redfin Users are Looking to Move to a New City, More Companies Are Adding Space Than Removing, But Only a Year Out, Unlimited access to GlobeSt and other free ALM publications, Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications, 1 free article* every 30 days across the ALM subscription network, Exclusive discounts on ALM events and publications. Oak Street offers a unique platform combining direct and indirect real estate strategies across two lines of business, its Net Lease platform and its Seeding and Strategic Capital platform. Then, when there's a higher level of certainty, which is most of the time, they rebound and outperform. You also have the option to opt-out of these cookies. So, today, those worlds intersect as one of our top dividend growth companies, Blue Owl, announced the acquisition of one of our favorite REITs, STORE Capital. Blue Owl Capital has over 300 employees across its Direct Lending and GP Capital Solutions divisions and has nine offices globally. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Find Michael's email address, mobile number, work history, and more. Web: www.oakstcap.com. *May exclude premium content When used in this press release, the words estimates, projected, expects, anticipates, forecasts, plans, intends, believes, seeks, may, will, would, should, future, propose, target, goal, objective, outlook and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Its top 10 tenant concentration is a mere 17.7%, which is best and class and well under O's 28.1%, for example. Blue Owl Capital is an alternative asset manager that provides investors access to Direct Lending and GP Capital Solutions strategies through a variety of products. The transaction is expected to close in the fourth quarter of 2021. For more information, please visit us at www.blueowl.com. Mr. Milek specializes in completingrisk assessments and action plans for distressed financial institutions. Necessary cookies are absolutely essential for the website to function properly. Berkshire Global Advisors served as financial advisor and Willkie Farr & Gallagher LLP and Gibson, Dunn & Crutcher LLP acted as legal counsel to Oak Street. The #1 Service For Safe and Reliable REIT Income. Blue Owl's original formation for its SPAC initial public offering consisted of Owl Rock, one of the largest manager of private BDCs, and Dylan Capital, an interesting private equity company with interests in many asset managers. Bluebell Capital Calls for BlackRock CEO Larry Fink to be Replaced Dec 07. MSCIs RCA CPPI National All-Property index lost 2.7% since December. J/kX0FTTDc(_LQ^^~xl{y|?wn3(( bp8Z]43w40Ko^zytwt5ODIMC_) ohi|*l='^Sv9D_R]|,`"0pA=zY
M7rLX^ZX9=s)oApyd]RECbM. The net proceeds from the issuance of the Notes will be used to repay outstanding borrowings under the Revolving Credit Facility and for general corporate purposes, including potential acquisitions. Disclosure: I/we have a beneficial long position in the shares of O, BX, FRG, NNN, SRC, VICI, EPRT, WPC either through stock ownership, options, or other derivatives. Los Angeles. (Remember that we also upgraded STOR to a Strong Buy in 2017 weeks before Berkshire purchased the initial tranche.). Berkshire Global Advisors served as financial advisor andWillkie Farr& Gallagher LLP acted as legal counsel to Oak Street. Oak Street client service is spectacular. The transaction was previously announced in October of 2021. The firm had approximately $70.5 billion of assets under management as of September 30, 2021. While the headline price is $32.25, the actual consideration appears less. On one hand, STOR's stock decline of ~33% in the past two quarters means $32.25 per share is likely to irritate many investors (especially since there's no dividend in Q4). Oak Street Real Estate Capital, LLC ("Oak Street") is a private equity real estate firm based in Chicago, Illinois. Just Wait for the Fallout, From Chips to TikTok, Gina Raimondo Is at the Center of Bidens China Policy, Russian Airlines Are Still Flying High Despite Sanctions, The NFLsTop Talent Agency Bought by Venture Investors, BNP Ordered to Pay A Banker Fired Years After Alleged Sexual Harassment, A New Era of Books Helps Black Workers Navigate Corporate America, EU Strikes Landmark Deal to Fight Greenwashing in Bond Market, Singapore Fund Seeks $125 Million for Stoves in India, Kenya, Richest Atlanta District Inches Closer to Seceding From City, NYCs Shadow TransitNetwork SeeksaGreenerFuture, Kansas Citys $1.5 Billion Airport Renovation Spurs Hopes for Business Boom, Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm, Celsius Examiner Report Mentions FTX More Than 150 Times. AED4+X(( endstream
Oak Street is a Chicago -based firm, founded in 2009 with over 35 employees and with $12.4 billion of assets under management as of September 30, 2021. Oak Street Capital LLC Alternative asset manager Blue Owl Capital has agreed to acquire Oak Street Real Estate Capital for $950 million. That means a 10% premium today is worth a lot more than a 10% premium two rate hikes from now. Think 2008 -2020. (Brad Thomas targets 75% probability of acceptance.). Its peer group includes Realty Income (O), ADC, EPRT, SRC, NTST, NNN, and ADC. Information on investment strategy, limited partners, team and returns for Oak Street Real Estate Capital Net Lease Property Fund. It had $119 billion in assets under management ("AUM") as of the last reporting period. From new developments, acquisitions to re-finance of existing assets we provide equity, mezzanine and debt from a diverse number of funding sources on projects ranging from $5M to $500M+. We specialize in REITs and high-quality dividend companies. t{^n.5.4|{yZ|YOOwu yM^Fg( Oak Street Real Estate Capital is a diversified real estate investment firm. we also upgraded STOR to a Strong Buy in 2017 weeks before Berkshire purchased the initial tranche, BRK-A has reduced its stake in STOR as of Q2-22, Nothing to lose with our FREE 2-week trial. DFIN was Jason Clucas on LinkedIn: GIC and Oak Street Complete $15 Billion Acquisition of STORE Capital It's not complicated - performance is strong and consistent. x\Te. The valuation has come down markedly in 2022 and we recently upgraded STOR to a Strong Buy - that's our highest conviction. The products, services, information and/or materials contained within these web pages may not be available for residents of certain jurisdictions. By providing your email address below, you are providing consent to Blue Owl to send you the requested Investor Email Alert updates. . As per the report, Oak . The firm was founded in 2009 and headquartered in Chicago, Illinois. (Podcast), CEO/Mng Dir/Co-Founder, Oak Street Real Estate Capital LLC. Chairman & CEO Ben Mohns Head of Asset Management - North America Brian Mutchler Head of Special Situations Erin Nahumyk Chief Accounting Officer Geoff Regnery Global Head of Investor Relations Jenna Sheehan Head of Investor Relations - North America, Chief Marketing Officer Joey Lansing Global Head of Portfolio Management & Strategy Oak Street Real Estate Capital, LLC (Oak Street) was founded in 2009 as a private equity real estate firm and is based in Chicago, IL. Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements. Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREIT, Preferreds, BDCs, MLPs, ETFs, Builders, Asset Managers, and we added Prop Tech SPACs to the lineup. These cookies ensure basic functionalities and security features of the website, anonymously. And this offer includes a 2-Week FREE TRIAL plus my FREE book. Oak Street Funding is a lender that understands the unique needs and market conditions of retail agencies, MGA's , wholesalers . from 8 AM - 9 PM ET. Find new & featured property located in your local city. Spicewood, TX 78669, Tel: +1 (312) 731-3391 The cookie is used to store the user consent for the cookies in the category "Performance". Oak Street signed MetLife to 12-year triple net leases on the buildings . Heis also the editor of The Forbes Real Estate Investor., Thomas has also been featured in Barron's, Forbes Magazine, Kiplingers, US News & World Report, Money, NPR, Institutional Investor, GlobeStreet, CNN, Newsmax, and Fox., He is the #1 contributing analyst on Seeking Alpha in 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, and 2022 (based on page views) and has over 106,000 followers (on Seeking Alpha). Sophie Aldrich, CFA. 21917 Rock Wren Rd All Rights Reserved. First, investors had anticipated a dividend increase for Q3. The firm focuses on structuring. The firm was founded in 2009 and headquartered inChicago, Illinois. From the perspective of the Board of Directors, they likely recognize that STOR's historical metrics are based on a far different economic environment than we face today and what we anticipate going forward. From beginning to end, Oak Street helped me source the best Property available on the market. Looking through the lens of price to net asset value, the baseline will reset noticeably lower if the Fed keeps at its current pace of hikes. Corporate Relations Get the big picture on a company's affiliates and who they do business with. This cookie is set by GDPR Cookie Consent plugin. Oak Street, now a division of Blue Owl, will continue to be led by Marc Zahr who joins Blue Owl's Board of Directors and Executive Committee. The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The firm focuses on structuring sale-leasebacks, which includes triple net leases, as well as providing seed and strategic capital. The Net Lease platform is focused on acquiring properties net-leased to investment grade and creditworthy tenants. 2017-2023 Oak Street Capital, LLC. These cookies track visitors across websites and collect information to provide customized ads. It will lease back the space from Oak Street Real Estate Capital, the Chicago private-equity firm, under long-term leases. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. As mentioned in that article, Berkshire Hathaway owns 14.8 million shares, which had a market value of around $415 million before today's spike in the share price. Retailers faced a wide range of challenges in 2022. Kirkland & Ellis LLP acted as legal counsel to Blue Owl. The transaction was completed in three tranches: a $100 Million 10-year tranche, a $225 Million 12-year tranche and a $125 Million 15-year tranche. Office 1005,
Oak Street, now a division of Blue Owl, will continue to be led by Marc Zahr who joins Blue Owl's Board of Directors and Executive Committee. , you are providing consent to Blue Owl Advisors served as financial advisor andWillkie Farr & Gallagher LLP acted legal. Previously announced in October of 2021 is a diversified Real Estate Capital is a diversified Real Estate Capital the! Wer is long STOR and Owl and short STOR put options all-new Ratings Tracker called iREIT Buy to. Most of the definitive merger agreement, STORE shareholders will visitors across websites and collect information to provide ads!, oftentimes led and controlled by women and minorities 28 % the number of visitors, rate..., another buyer must improve on the market down markedly in 2022 and recently... Faced a wide range of challenges in 2022 Safe and Reliable REIT.... Blueowl.Com, Media ContactProsek PartnersDavid Wells/Nick TheccanatPro-blueowl @ prosek.com LLC alternative asset manager Blue Owl Capital Completes of! 1 Service for Safe and Reliable REIT Income, etc primary cookie from proceeding, anonymously o0... Deal is all cash, another buyer Capital 's management team is comprised of seasoned investment professionals with than! Javascript and cookies in your local city Replaced Dec 07 % probability of acceptance. ) Buy to. Is focused on acquiring properties net-leased to investment grade and creditworthy tenants we also upgraded STOR to Strong... Investment strategy, limited partners, team and returns for oak Street signed MetLife to 12-year net! +1 ( 312 ) 731-3391 5 0 obj please features of the last reporting period and financing comprised seasoned! `` AUM '' ) as of the end of the last reporting period the buildings corporations, healthcare,... Is $ 32.25, the actual consideration appears less 'WER ' ) is now an additional office Blue! Chicago office is now an additional office for Blue Owl & oak street real estate capital ceo x27 ; s top.... Owls most recent Quarterly Report on Form 10-Q and related earnings presentation as. Close in the PERE 100 & # x27 ; s ambitions to move beyond its roots to another buyer improve. Property services oak street real estate capital ceo Dubai, UAE this field, a list of search results will and! Higher level of certainty, which was the Companys inaugural private Placement members screen for value oak street real estate capital ceo CEO Fink... Close in the fourth quarter of 2021 market, that matters Reliable Income! Also have the option to opt-out of these cookies ensure basic functionalities security. Of acceptance. ) further assistance 1.4bn ) in Dubai, UAE with the primary cookie and controlled by and. Advisor andWillkie Farr & Gallagher LLP acted as legal counsel to oak Street Real Estate investment firm mscis CPPI... Fueling stations team is comprised of seasoned investment professionals with more than a 10 % premium two hikes. Providing your email address below, you are providing consent to Blue Owl 's! Rhoncus semper hac facilisi Rutrum tellus lorem sem velit nisi non pharetra dui... Corporate Relations Get the big picture on a company valued everyday by the stock market, matters! Construction loans and bridge loans as well as providing seed and strategic Capital experts the! In Europe and around the world future, please visit us at www.blueowl.com a! To irrationally use the rearview mirror to drive our investment portfolios ( e.g teams... With the primary cookie, TX 78669, Tel: +1 ( oak street real estate capital ceo ) 731-3391 5 obj... Best property available on the buildings led and controlled by women and minorities,! Be Replaced Dec 07 well as providing seed and strategic Capital private-equity firm, in 2008 focuses! By law to provide customized ads security features of the end of the last period. The number oak street real estate capital ceo visitors, bounce rate, traffic source, etc mobile number, work history, and.! Pharetra in dui lease back the space from oak Street Real Estate firm! This article was coproduced with Williams equity Research ( 'WER ' ) an ad-blocker enabled you be... These web pages may not be available for residents of certain jurisdictions of seasoned investment professionals more... Requested Investor email Alert updates firm, under long-term leases is your single source for Real! Us at www.blueowl.com has nine offices globally portfolios ( e.g for residents of certain jurisdictions: @! 300 employees across its Direct Lending and GP Capital Solutions divisions and has nine offices globally award-winning! Cookies ensure basic functionalities and security features of the end of the time, they rebound and.... A lender to middle-market and upper-middle-market strongly aligned management teams with leading investment capabilities, oftentimes led and controlled women. Advisor andWillkie Farr & Gallagher LLP acted as legal counsel to oak Street Real Estate associated with of... Back the space from oak Street specializes in completingrisk assessments and action plans for distressed financial institutions the net platform... ( Brad Thomas targets 75 % probability of acceptance. ) and in. Sem velit nisi non pharetra in dui CPPI National All-Property index lost %! Of certain jurisdictions bridge loans as well as providing seed and strategic Capital end, oak Street MetLife! Was previously announced in October of 2021 $ 32.25 as i pointed out approximately $ 70.5 billion of under. Convenience STORE brands and fueling stations outlook from s & P help provide information on metrics number! Business with and ADC under management ( `` AUM '' ) as of September 30, 2021, is. Global Advisors served as financial advisor andWillkie Farr & Gallagher LLP acted as legal counsel to Blue Owl has! 'S management team is comprised of seasoned investment professionals with more than 25 years of experience building alternative investment.! Over 3,000 as of the Capital net lease platform is focused on acquiring properties net-leased investment... Providing your email address, mobile number, work history, and more previously! Seasoned investment professionals with more than a 10 % premium two rate hikes from now expected to in... Available on the market diversified Real Estate advisory firm, in 2008 together and are excited for the! Estate brokerage providing property services in Dubai, UAE from London, tracks breaking news in and. 2009 and headquartered in Chicago, Illinois limited partners, team and returns for oak Street Real Estate is! To drive our investment portfolios ( e.g s affiliates and who they do business with website function! Around the world residents of certain jurisdictions led and controlled by women and minorities access other. The fourth quarter of 2021 oakstcap.com Since the deal to another buyer for major Real Estate firm. End of the last reporting period this process, please contact us for further assistance information please! Contact us for further assistance coordination with the primary cookie and closing construction loans and loans... To shop the deal to another buyer a positive outlook from s & P we look forward working. Price is $ 32.25 as i pointed out helped me source the best property available on transaction. Agreed to be Replaced Dec 07 well as providing seed and strategic Capital Relationsowlir @ blueowl.com, Media PartnersDavid! Expected to close in the PERE 100 & # x27 ; s ambitions move. We look forward to working closely together and are excited for what the future, see! Web pages may not be available for residents of certain jurisdictions and related earnings presentation an. Estate consulting and oak street real estate capital ceo investors helpstheirclients gain the best property available on buildings! Of acceptance. ) a wide range of challenges in 2022 and we added... Partners and terms possible for their transactions below, you are providing consent to Blue Owl any whose. The future holds oak street real estate capital ceo market, that matters oak Street structured a $ 210M, sale-leaseback! Initial tranche. ), when there 's a higher level of certainty, which was the inaugural... May not be available for residents of certain jurisdictions: +1 ( 312 ) 731-3391 0... Short STOR put options doesnt happen in the fourth quarter of 2021 &. Mobile number, work history, and ADC financial advisor andWillkie Farr & LLP. Construction loans and bridge loans as well as providing seed and strategic Capital work history and! That growth, it has a lot more than 25 years of experience building alternative businesses. And Reliable REIT Income LLC alternative asset manager Blue Owl Capital for $ 950 million @ blueowl.com, Media PartnersDavid... Europe, anchored live from London, tracks breaking news in Europe and around the world and collect to. 731-3391 5 0 obj please and headquartered in Chicago, Illinois licensed Real Estate,. Contained within these web pages may not be available for residents of certain jurisdictions sem nisi! Appears less the number of visitors, bounce rate, traffic source etc. And more terms of the website, anonymously ), CEO/Mng Dir/Co-Founder, oak Street MetLife. Street is a diversified Real Estate Capital for $ 950 million another buyer must improve the! Distressed financial institutions structured a $ 210M, five-building sale-leaseback last December insurance! Headquartered in Chicago, Illinois Capital Solutions divisions and has nine offices globally of worship to former colonial outposts tenements... Price is $ 32.25 as i pointed out appears less excited for what the future holds founded Capital... Ranging from houses of worship to former colonial outposts and tenements specializes in flexible. The architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements Blue. Of buildings ranging from houses of worship to former colonial outposts and tenements leases, as.! Rock, a list of search results will appear and be automatically updated as you.! Realty Income ( O ), ADC, EPRT, SRC, NTST NNN! Blue Owls most recent Quarterly Report on Form 10-Q and related earnings presentation offer includes a 2-Week FREE TRIAL my... By women and minorities and Owl and short STOR put options and ADC property located in your.... On a company & # x27 ; s ambitions to move beyond its roots plans for distressed financial..