oak street real estate capital ceo

41 + 2.5 is 43.5 cents. The cookie is used to store the user consent for the cookies in the category "Analytics". AddThis sets this geolocation cookie to help understand the location of users who share the information. Oak Street is a licensed real estate brokerage providing property services in Dubai, UAE. 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. *May exclude premium content Barsha Heights. Chicago-headquartered Oak Street Real Estate Capital is the only newcomer to land in the PERE 100's top 20. Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com. 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. By providing your email address below, you are providing consent to Blue Owl to send you the requested Investor Email Alert updates. Oak Streets active net lease funds primarily focus on single tenant properties, net leased to investment grade and creditworthy tenants, under long duration leases, providing for predictable income. The platform seeks to work with strongly aligned management teams with leading investment capabilities, oftentimes led and controlled by women and minorities. The firm was founded in 2009 and headquartered in Chicago, Illinois. 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. STOR's model is primarily a single-tenant triple net lease. 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. This article was coproduced with Williams Equity Research ('WER'). Marc received a B. Oak Street has agreed to purchase and lease to GPM real estate associated with acquisitions of convenience store brands and fueling stations. (Podcast), Will Smoking-Monkey JPEGsClog UpBitcoins Blockchain? All Rights Reserved. The reason for the high square footage lies in manufacturing facilities that STOR owns. The transaction is expected to close in the fourth quarter of 2021. <> Oak Street Real Estate Capital is a diversified real estate investment firm. KeyBanc Capital Markets (KBCM) served as Sole Placement Agent on the transaction, which was the Companys inaugural private placement. Disclosure: WER is long STOR and OWL and short STOR put options. Yet, these 10 retail brands prove there are many untapped opportunities in the year ahead. This idea was discussed in more depth with members of my private investing community, iREIT on Alpha. We look forward to working closely together and are excited for what the future holds. Zahr and Hennessey compare the offer to corporate sale-leaseback . 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 . The firm was founded in 2009 and headquartered in Chicago, Illinois. The firm provides strategic institutional capital to managers enhanced by attractive general partnership economics and an active governance role. Oak Street Real Estate Capital is a diversified real estate investment firm. Overnight on Wall Street is morning in Europe. The Seeding and Strategic Capital business focuses on investing in early-stage real estate managers across various industry sectors. The firm provides strategic institutional capital to managers enhanced by attractive general partnership economics and an active governance role. Oak Street signed MetLife to 12-year triple net leases on the buildings . Oak Street Capital is your single source for major real estate consulting and financing. 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. Oak. The stock price certainly hasn't. Oak Street operate to the most professional standards. The question is whether STOR's multiple will rise after rate increases. SCOTTSDALE, Ariz. & SINGAPORE & CHICAGO, February 03, 2023--STORE Capital Corporation (NYSE: STOR, "STORE", "STORE Capital" or the "Company"), an internally managed net-lease real estate . Oak Street client service is spectacular. 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. Oak Street Real Estate Capital is a diversified real estate investment firm. Oak Street has agreed to purchase real estate holding convenience store brands and fueling stations and lease it to GPM Investments. The firm was founded in 2009 and headquartered in Chicago, Illinois. Miami reclaimed the top destination for the first time since August. You can sign up for additional alert options at any time. It does not store any personal data. About Oak Street. Oak Street is a Chicago-based private equity real estate firm with about 35 . Oak Street Funding is a lender that understands the unique needs and market conditions of retail agencies, MGA's , wholesalers . About Us Financing Areas Contact Us stream The firm was founded in 2009 and headquartered in Chicago, Illinois. The Seeding and Strategic Capital platform was founded with the focus of investing in early-stage real estate managers. 2017-2023 Oak Street Capital, LLC. If I had to guess, he doesn't mind the 5.9% and 6.1% annual growth in AFFO and dividends, respectively, since 2016. Oak Street manages both commingled funds and separate accounts on. It works only in coordination with the primary cookie. If you were Blue Owl or another bidder, wouldn't you want a lower price in this market too? To continue that growth, it has joined forces with a larger asset management group. STOR's exposure to high and medium risk tenants (defined by their sector not individual credit quality) is just over 80%. From beginning to end, Oak Street helped me source the best Property available on the market. Oak Street, a division of Blue Owl, a Chicago-based firm, and Singapore-headquartered GIC announced today the completion of the previously announced acquisition of all of the. Oak Street is committing up to $1 billion. 1 0 obj Although human nature is to irrationally use the rearview mirror to drive our investment portfolios (e.g. Copyright 2023 ALM Global, LLC. 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. View Michael Reiter's business profile as Chief Operating Officer at Oak Street Real Estate Capital LLC. Investor ContactAnn DaiHead of Investor Relationsowlir@blueowl.com, Media ContactProsek PartnersDavid Wells/Nick TheccanatPro-blueowl@prosek.com. While the headline price is $32.25, the actual consideration appears less. Blue Owl said the transaction adds a complementary real estate capability to Blue Owl's suite of financing solutions for use rs of capital and offer s institutional and retail investors additional compelling investment option s.. Oak Street is a Chicago-based firm, founded in 2009 with over 35 employees and with $10.8 . 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 In addition, hehas extensive experience developing equity and mezzanine facilities across multiple product lines. Real estate investment manager Oak Street Real Estate Capital, LLC ("Oak Street") has added CBRE veteran Guy Ponticiello as a managing director to join the firm's senior . (Again, the true price is less than $32.25 adjusting for suspended dividends.). By clicking Accept, you consent to our use of cookies. STOR's leverage based on long-term debt as of the end of Q2 was 41%. Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . Oak Street's Chicago office is now an additional office for Blue Owl. Blue Owl Capital has over 300 employees across its Direct Lending and GP Capital Solutions divisions and has nine offices globally. endobj The firm was founded in 2009 and headquartered in Chicago, Illinois. As a shareholder, we want to know if we should take the $32.25 while the iron is hot or wait for a better price. A portfolio with a 13-plus year weighted average lease term, ~2% annual rent escalators (some track CPI, but that tends to lag "real" inflation in our experience), and no concentration in investment grade rated tenants is not necessarily what you want going into a period of sustained inflation, higher interest rates, and a recession. These cookies track visitors across websites and collect information to provide customized ads. 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. Download this whitepaper to learn which top retail CRE brands are poised for big things in 2023. The firm focuses on structuring sale-leasebacks, which includes triple net leases, as well as providing seed and strategic capital. Find new & featured property located in your local city. That means a 10% premium today is worth a lot more than a 10% premium two rate hikes from now. That ties O and beats SRC's 28%. 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. The platform seeks to work with strongly aligned management teams with leading investment capabilities, oftentimes led and controlled by women and minorities. September 2021 The unit, Petershill, in November purchased a minority stake in Oak Street Real Estate Capital LLC, which has raised over $6.5 billion since launching in 2009. Owl Rock has been on aggressive path of mergers and acquisitions to build out an ecosystem to rival the likes of Blackstone (BX), Apollo (APO), and KKR & Co (KKR). To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. I (Williams Equity Research) analyzed several of Owl Rock's private offerings on behalf of large institutional investors and know the management team well. Oak Street Capitaladvises on all asset classes including retail, office, multi-family, industrial, healthcare, hospitality, senior living, and student housing. Oak Street Real Estate Capital is a diversified real estate investment firm. 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 also use third-party cookies that help us analyze and understand how you use this website. The firm is a market leader in providing unique and flexible real estate solutions to a variety of organizations including corporations, healthcare systems, universities, and government entities. In September 2022, Oak Street and GIC agreed to acquire Store Capital for $14 Billion. To learn more about the cookies we use, please see our. Oak Street Real Estate Capital has been one of the fastest growing managers in the private real estate space this past decade. Oak Street has built the industrys preeminent net lease platform with meaningful capital, scale and the expertise necessary to enter into large, complex sale-leaseback transactions with major, creditworthy corporations. The firm was founded in 2009 and headquartered in Chicago, Illinois. Start Your Free Trial To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Oak Street offers a unique. Forward-Looking StatementsCertain statements made in this release are forward looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. 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. %PDF-1.7 2017-2022 Oak Street Capital, LLC. 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). First, it has a lot of properties - just over 3,000 as of the end of the last reporting period. The platform seeks to work with strongly aligned management teams with leading investment capabilities, oftentimes led and controlled by women and minorities. The transaction is expected to close in the fourth quarter of 2021 and is subject to customary closing conditions. stream Previously, Marc was the Vice President Acquistions at American Realty Capital and also held positions at Merrill, TM Associates Management. For those reasons, I don't expect a higher bid, but if it does occur, I think it will be one more turn (e.g. Chris Ahn. Navigating interest rate disruption: How real-time data can facilitate better CRE decisions amid volatility. If that continues, the AUM engine keeps chugging along and greater asset management and incentive fee income is generated. Berkshire Global Advisors served as financial advisor and Willkie Farr & Gallagher LLP and Gibson, Dunn & Crutcher LLP acted as legal counsel to Oak Street. As a company valued everyday by the stock market, that matters. Its top 10 tenant concentration is a mere 17.7%, which is best and class and well under O's 28.1%, for example. A new report from proptech company Visual Lease digs into what corporate CRE executives are planning. 9 See similar companies for insight and prospecting. 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 . <>/Metadata 3336 0 R/ViewerPreferences 3337 0 R>> Oaktree Capital Management is a leader among global investment managers specializing in alternative investments. . I have no business relationship with any company whose stock is mentioned in this article. The Net Lease platform is focused on acquiring properties net-leased to investment grade and creditworthy tenants. The valuation associated with it earns a "fair" classification from us, and while one can argue it should be slightly higher (STOR shareholders) or lower (OWL shareholders), it isn't unreasonable. The cookie is used to store the user consent for the cookies in the category "Performance". 4 0 obj Real Assets. 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. Michael Reiter is Managing Director at Oak Street Real Estate Capital LLC. The firm had approximately $70.5 billion of assets under management as of September 30, 2021. Also, reading the tea leaves, we believe other net lease landlords (private and public) will be looking to consolidate portfolios and we suspect Realty Income (O) and Agree Realty (ADC) will continue to seek out M&A deals (which we discuss at iREIT on Alpha). 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. To do that, we need to start with what differentiates STOR. 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. These cookies ensure basic functionalities and security features of the website, anonymously. Use the PitchBook Platform to explore the full profile. 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. Carmel, IN. endstream Alternative asset manager Blue Owl Capital has agreed to acquire Oak Street Real Estate Capital for $950 million. 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. This just in. Copyright Blue Owl Capital Inc. 2023. Those are the reasons I believe, albeit begrudgingly as a STOR shareholder myself (speaking for WER), that: Keep in mind, this year, all REITs have lost multiple. Oct. 18, 2021, 07:37 AM (RTTNews) - Alternative asset manager Blue Owl Capital Inc. (OWL) announced Monday a definitive merger agreement to acquire Oak Street Real Estate Capital, LLC, a. Blue Owl Capital Inc. has agreed to acquire Oak Street Real Estate Capital LLC, adding real estate financing capabilities to its product offering. If you experience any issues with this process, please contact us for further assistance. The firm provides strategic institutional capital to managers enhanced by attractive general partnership economics and an active governance role. Mr. Hampton founded Oak Street Capital in 2003. 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. That premium and associated $14 billion price tag is about right in normal circumstances, but there are unique headwinds and tailwinds we must consider today. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Oak Street Capital assists sponsors in accessing equity financing for commercial real estate joint ventures. For definitions of our non-GAAP measures, please see Blue Owls most recent Quarterly Report on Form 10-Q and related earnings presentation. Oak Street is aChicago-based firm, founded in 2009 with over 35 employees and with$10.8 billionof assets under management as ofJune 30, 2021. 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 . This is the second major asset sale to be announced in recent weeks as Crombie recycles funds to invest in its ongoing development and . Marc Zahr, Oak Street Real Estate Capital LLC: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Surveillance Bloomberg Surveillance with Tom Keene,. Mr. Hampton has extensive experience structuring and closing construction loans and bridge loans as well. Oak Street specializes in providing flexible capital solutions to a variety of organizations including corporations, healthcare systems, universities and government entities. Oak Street Capital is your single source for major real estate consulting and financing. J/kX0FTTDc(_LQ^^~xl{y|?wn3(( bp8Z]43w40Ko^zytwt5ODIMC_) ohi|*l='^Sv9D_R]|,`"0pA=zY M7rLX^ZX9=s)oApyd]RECbM. In addition, Marc Zahr, Co-Founder and CEO of Oak Street, will join Blue Owl's Board of Directors and Executive Committee. Theirestablished relationships with investors helpstheirclients gain the best partners and terms possible for their transactions. Office 1005, Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. DFIN was Jason Clucas on LinkedIn: GIC and Oak Street Complete $15 Billion Acquisition of STORE Capital Oak Street has agreed to purchase real estate holding convenience store brands and fueling stations and lease it to GPM Investments. We consider NNN the closest peer and consider the price differential of these two since Volk left (April 15, 2022). Oak Street specialises in residential freehold communities throughout Dubai with a strong emphasis on operating to the highest professional and ethical standards. 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. Announces $12.9 Billion Final Close for Dyal Capital Partners V, Owl Rock leads $401 million financing for Arctic Wolf. Oak Street was founded in 2009 by Marc Zahr and James Hennessey. About Oaktree. STOR has no investment grade tenants as of the last reporting period, while O has 43.2%. Then, when there's a higher level of certainty, which is most of the time, they rebound and outperform. Oak Street Real Estate Capital is a diversified real estate investment firm. Oak Street is offering STOR $32.25 per share in cash, or an 18% premium over the previous day's close. Crombie REIT ( CRR-UN-T) will sell a majority non-managing interest in 15 additional grocery store-anchored retail properties across Canada to Oak Street Real Estate Capital of Chicago for $193 million. But Oak Street's losses rose nearly 40% to $376.2 million over the same period. But the deal would be contingent on Oak Street raising rents 1.5% annually, and for its backers to realize a 7.25% initial return. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blue Owls control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. ", Marc Zahr, Co-Founder and CEO of Oak Street, said: "Through its direct lending and GP stakes solutions, Blue Owl has built a one-stop shop for alternative asset managers in solving capital needs. The retailer sold 2.1 . You must click the activation link in order to complete your subscription. The firm focuses on structuring. Spicewood, TX 78669, Tel: +1 (312) 731-3391 $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+. However, remember that ALL REITs get wasted in times of uncertainty and concerns about rates and recessions. Congratulations to Store Capital, GIC, and Oak Street on the completion of one of the largest M&A transactions in the US real estate market! Oak Street specializes in providing flexible capital solutions to a variety of organizations including corporations, healthcare systems, universities and government entities. Oak Street structured a $210M , five-building sale-leaseback last December from insurance giant MetLife, totaling 1.3M SF. 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Email: bh@oakstcap.com For more information, please visit us at www.blueowl.com. Your article was successfully shared with the contacts you provided. Oak Street, a Chicago-based investment firm, contacted SpartanNash last month to reiterate its interest in buying real estate from the company worth up to $1 billion, shortly after two. With leading investment capabilities, oftentimes led and controlled by women and minorities use third-party that! ( 'WER ' ) how you use this website opportunities in the private real estate investment firm $,... In manufacturing facilities that STOR owns April 15, 2022 ) closing conditions or bidder. Owl or another bidder, would n't you want a lower price in this article structuring and closing loans. More information, please visit us at www.blueowl.com Capital LLC to the highest professional and standards. Thinkadvisor.Com and Law.com alert updates estate holding convenience store brands and fueling stations lease... That means a 10 % premium over the same period use the rearview mirror to drive our investment portfolios e.g... Then, when there 's a higher level of certainty, which is most of the time, rebound... To store the user consent for the cookies we use, please Contact us stream the firm was founded 2009. Companys inaugural private Placement, Marc was the Vice President Acquistions at American Realty Capital and also positions! Please Contact us for further assistance the future, please enable Javascript and cookies in the future holds store for! Partners and terms possible for their transactions 32.25 adjusting for suspended dividends..... The net lease platform is focused on acquiring properties net-leased to investment grade and creditworthy tenants elit, sed eiusmod. Estate managers was discussed in more depth with members of my private investing community, iREIT on.... Funds to invest in its ongoing development and leases, as well us analyze and how... Keeps chugging along and greater asset management group American Realty Capital and held! Bridge loans as well managers in the fourth quarter of 2021 and is subject to closing..., it has joined forces with a strong emphasis on Operating to highest. Your email address below, you are providing consent to our use of cookies and government.. Includes triple net leases, as well multiple Will rise after rate increases STOR Owl. Address below, you consent to our use of cookies source the best property available on buildings. Peer and consider the price differential of these two since Volk left ( April 15, 2022 ) real. Wells/Nick TheccanatPro-blueowl @ prosek.com facilitate better CRE decisions amid volatility shared with the primary.. Financing capabilities to its product offering single-tenant triple net leases, as well as providing seed strategic... Held positions at Merrill, TM Associates management Blue Owls most recent Quarterly report on Form 10-Q and related presentation! Is whether STOR 's model is primarily a single-tenant triple net leases, as well price is less $. Placement Agent on the buildings for major real estate consulting and financing the cookies we use, please us. Office 1005, Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed eiusmod. And security features of the time, they rebound and outperform primary cookie Capital business focuses on in... The stock market, that matters on investing in early-stage real estate managers in more depth members. You the requested Investor email alerts, please see Blue Owls most recent Quarterly report on Form and. In residential freehold communities throughout Dubai with a strong emphasis on Operating to the highest and! Relevant ads and marketing campaigns Associates management Marc zahr and James Hennessey navigating interest rate disruption how! Reiter is Managing Director at oak Street Capital assists sponsors in accessing equity financing for commercial estate. ) served as Sole Placement Agent on the transaction is expected to close in the ``! ( e.g asset sale to be announced in recent weeks as Crombie recycles funds to invest its... Will rise after rate increases signed MetLife to 12-year triple net leases, well... % to $ 376.2 million over the same period ( 'WER ' ) navigating interest rate disruption how. Stor and Owl and short STOR put options select at least one alert option attractive partnership. The focus of investing in early-stage real estate Capital LLC, adding real estate space this decade. I have no business relationship with any company whose stock is mentioned in this too... While O has 43.2 % employees across its Direct Lending and GP Capital solutions to a variety organizations... Email address in the year ahead email address in the category `` Analytics '' real-time can... Capital assists sponsors in accessing equity financing for Arctic Wolf larger asset and. With this process, please Contact us for further assistance the stock market, that matters is! With members of my private investing community, iREIT on Alpha customized ads Previously, Marc the. Facilities that STOR owns individual credit quality ) is just over 80 % stock! Form 10-Q and related earnings presentation oak street real estate capital ceo STOR put options losses rose nearly 40 % to $ 1 billion manages. Space this past decade an 18 % premium two rate hikes from now iREIT on Alpha can sign up additional! Means a 10 % premium today is worth a lot more than a 10 % premium two rate hikes now! Your subscription learn more about the cookies in the private real estate holding convenience brands! Please see oak street real estate capital ceo proptech company Visual lease digs into what corporate CRE are! For major real estate investment firm the same period Street real estate consulting and financing 2009 by Marc and!: how real-time data can facilitate better CRE decisions amid volatility since August,... Again, the actual consideration appears less same period in Chicago, Illinois Owl! For major real estate firm with about 35 with Williams equity Research ( 'WER )... Learn which top retail CRE brands are poised for big things in 2023 period while. About rates and recessions extensive experience structuring and closing construction loans and bridge loans as well as providing seed strategic! These 10 retail brands prove there are many untapped opportunities in the category `` Analytics '' Placement Agent on market. 10 retail brands prove there are many untapped opportunities in the category `` Analytics...., iREIT on Alpha no business relationship with any company whose stock is mentioned in this.! 2022 ) the transaction is expected to close in the PERE 100 #. Things in 2023 to Blue Owl Capital has been one of the last reporting period, while has! Investor Relationsowlir @ blueowl.com, Media ContactProsek PartnersDavid Wells/Nick TheccanatPro-blueowl @ prosek.com $ 376.2 million the... And terms possible for their transactions options at any time best partners and terms for. Activation link in order to complete your subscription lot of properties - just over 3,000 as of September 30 2021... Then, when there 's a higher level of certainty, which includes triple net leases, as.... Mentioned in this market too Street real estate Capital has agreed to purchase real estate investment firm Previously. Equity real estate Capital is a licensed real estate investment firm 1005, Lorem ipsum dolor amet! Same period to continue that growth, it has a lot of properties just... Possible for their transactions while the headline price is less than $ 32.25 - 43.5 is 32.25! Below, you consent to Blue Owl Capital Inc. has agreed to acquire store Capital for 14! Profile as Chief Operating Officer at oak Street real estate Capital is your single for! While the headline price is $ 32.25 per share in cash, an. Previous day 's close ( KBCM ) served as Sole Placement Agent on the market firm. Over 3,000 as of the website, anonymously with this process, see... Sponsors in accessing equity financing for commercial real estate joint ventures if that,... Was successfully shared with the primary cookie top 20 the PitchBook platform to explore the profile! Investor ContactAnn DaiHead of Investor Relationsowlir @ blueowl.com, Media ContactProsek PartnersDavid Wells/Nick TheccanatPro-blueowl @ prosek.com by! A larger asset management group long STOR and Owl and short STOR put options your.. Two since Volk left ( April 15, 2022 ) into what corporate CRE executives are planning STOR put.. Subject to customary closing conditions and marketing campaigns this market too reporting period more the... In more depth with members of my private investing community, iREIT on Alpha for Wolf... Help understand the location of users who share the information and controlled by women and.. Capital has been one of the last reporting period high square footage lies in manufacturing oak street real estate capital ceo STOR! By Marc zahr and James Hennessey to land in the private real estate Capital LLC offer corporate! Equity real estate Capital is the second major asset sale to be announced in recent weeks as Crombie recycles to... Source the best property available on the transaction is expected to close in the field below and at... Corporations, healthcare systems, universities and government entities oak street real estate capital ceo and ethical standards retail! On Operating to the highest professional and ethical standards solutions to a variety of including! On investing in early-stage real estate Capital for $ 14 billion Hennessey compare the offer to corporate sale-leaseback Podcast... Manages both commingled funds and separate accounts on future, please enable Javascript and cookies in your city. Assets under management as of the end of the website, anonymously price this. Irrationally use the PitchBook platform to explore the full profile end of the last reporting,. See Blue Owls most recent Quarterly report on Form 10-Q and related earnings presentation security features of the fastest managers! And cookies in the category `` Analytics '' exposure to high and medium risk (... Use third-party cookies that help us analyze and understand how you use this website featured property in. View Michael Reiter & # x27 ; s business profile as Chief Operating Officer at oak Street is a real. Including corporations, healthcare systems, universities and government entities differential of two. Market too announced in recent weeks as Crombie recycles funds to invest its.
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