The platform seeks to work with strongly aligned management teams with leading investment capabilities, oftentimes led and controlled by women and minorities. AddThis sets this cookie to track page visits, sources of traffic and share counts. 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. 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. At Blue Owl, we promise to treat your data with respect and will not share your information with any third party. 41 + 2.5 is 43.5 cents. Filmed at key heritage sites all across Hong Kong, including Tai Kwun, Tang Tsing Lok Ancestral Hall and Kowloon Walled City Park, this documentary showcases Hong Kong's multicultural history. Spicewood, TX 78669, Tel: +1 (312) 731-3391 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. 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 firm focuses on two primary strategies: structuring sale-leasebacks, which includes triple net leases, as well as providing seed and strategic capital. Email: bh@oakstcap.com Oak Street specialises in residential freehold communities throughout Dubai with a strong emphasis on operating to the highest professional and ethical standards. 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 client service is spectacular. Christopher Volk, a contributing author and friend of Wide Moat Research, co-founded STORE Capital (NYSE:STOR) and was the CEO up until two quarters ago (no one at Wide Moat Research has any affiliation with STORE Capital outside of owning common equity). Although human nature is to irrationally use the rearview mirror to drive our investment portfolios (e.g. When typing in this field, a list of search results will appear and be automatically updated as you type. The Net Lease platform is focused on acquiring properties net-leased to investment grade and creditworthy tenants. 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. 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. The Seeding and Strategic Capital platform was founded with the focus of investing in early-stage real estate managers. 99.5% occupancy as of the end of Q2 is also difficult to beat. Oak Street Real Estate Capital is a diversified real estate investment firm. The question is whether STOR's multiple will rise after rate increases. 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. All rights reserved. In addition, Marc Zahr, Co-Founder and CEO of Oak Street, will join Blue Owl's Board of Directors and Executive Committee. We consider NNN the closest peer and consider the price differential of these two since Volk left (April 15, 2022). Blue Owl is buying Oak Street and its investment advisory business for $950m by offering a combination of cash and Blue Owl common units. "technical analysis"), it's estimates of future cash flow that we discount to reach an investment's value today. <> O's is 13,000 sq ft vs. 26,000 for SRC and 35,000 for STOR. The firm provides strategic institutional capital to managers enhanced by attractive general partnership economics and an active governance role. With more than forty years of successful real estate and financing expertise, Oak Street Capital has financed more than $2 billion for its clients. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law. We recently added an all-new Ratings Tracker called iREIT Buy Zone to help members screen for value. Sign In Now, This is Why Multifamily Developers Have Soured on the Sunbelt, CRE Prices Could Fall 40% This Year in an Adverse Fed Planning Scenario, CRE Prices Slide at a Rate Not Seen Since 2010, Experts Keep Guessing at When the US Will See a Recession, Bed Bath & Beyond Closing All Stores in Canada. Oak Street has agreed to purchase real estate holding convenience store brands and fueling stations and lease it to GPM Investments. 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 . From new developments to property acquisitions we provide consulting services as well as debt and equity financing on projects ranging from $5M to $500M+. For more information, please visit us at www.blueowl.com. Chicago-headquartered Oak Street Real Estate Capital is the only newcomer to land in the PERE 100's top 20. About Oaktree. 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 . Blue Owls management team is comprised of seasoned investment professionals with more than 25 years of experience building alternative investment businesses. This cookie is set by GDPR Cookie Consent plugin. . Sep 2015 - Present7 years 6 months. Oaktree Capital Management is a leader among global investment managers specializing in alternative investments. . Los Angeles. Start Your Free Trial I am not receiving compensation for it (other than from Seeking Alpha). It had $119 billion in assets under management ("AUM") as of the last reporting period. Given the long-term AFFO multiple of 15-16 times is no longer realistic, a transaction above 14 is at least fair based on that metric. Oak Street is committing up to $1 billion. At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias, At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores, Receive updates of real estate market and offers sent straight in your inbox every month. It's that real estate division - Oak Street Real Estate Capital - that's officially bidding on STOR. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. 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). Oak Street Capital is your single source for major real estate consulting and financing. Mr. Milek hasmore than twentyyears of experience inall aspects ofcommercial real estate finance. And don't forget, Buffett owns shares in one REIT and one REIT only - STORE Capital (excluding SRG debt). The Seeding and Strategic Capital business focuses on investing in early-stage real estate managers across various industry sectors. The private equity firm could buy up to $2 billion worth of the. Additionally, Mr. Milek has created risk rating systems,including the real time asset modeling & valuation models andhas extensive experience in developingloan policies and procedures. 2009 2017 2019 2020 2021 Oak Street Real Estate Capital, LLC (Oak Street) was founded PA SERS makes their first investment in Oak Street PA SERS makes their second Oak Street was founded in 2009 by Marc Zahr and James Hennessey. 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. Oak Street Real Estate Capital is a diversified real estate investment firm. This website uses cookies to improve your experience while you navigate through the website. You must click the activation link in order to complete your subscription. 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. 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. Use the PitchBook Platform to explore the full profile. Bed Bath & Beyond will sell about half of its real estate to a private equity firm and then lease back the space, a deal expected to earn the company more than $250 million. Blue Owl Capital has over 300 employees across its Direct Lending and GP Capital Solutions divisions and has nine offices globally. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. A supplemental investor presentation on the transaction is available on the Investor Resources section of Blue Owls website atwww.blueowl.com. 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). In addition,Marc Zahrwill join Blue Owls Board of Directors and Executive Committee. CEO W. P. Carey Dave Gibbons '92 President Elberon Development Group Tom Grier '87 Managing Director JP Morgan Larissa Herczeg '96 Managing Partner Oak Street Real Estate Capital/Blue Owl Tom Hoban '95 President & CIO Kitson & Partners Malcolm Johnson '98 Founder & CEO Langdon Park Capital Bob Karnes '83 Managing Director BlackRock Matt Kenney The valuation has come down markedly in 2022 and we recently upgraded STOR to a Strong Buy - that's our highest conviction. Under the agreement, ARKO Corp.'s subsidiary GPM would. In September 2022, Oak Street and GIC agreed to acquire Store Capital for $14 Billion. Bluebell Capital Calls for BlackRock CEO Larry Fink to be Replaced Dec 07. Under the agreement, ARKO Corp.s subsidiary GPM would own and operate the acquired businesses and Oak Street would own the real estate and lease it to GPM. O9#8lq>~vh`\V$Lm~aEqePVJs&@:jieLdz*be+0tr{z6o@J:TMLUUk3)]ZIGv^0 oa8_^L'H-?h,:T fiJ RXBj m|H This week, it was announced that GIC and Blue Owl's Oak Street agreed to acquire STORE for $14B in an all-cash transaction. Kirkland & Ellis LLP acted as legal counsel to Blue Owl. Important factors that may cause actual results or outcomes to differ from those indicated in the forward-looking statements include, among others, the inability to complete and recognize the anticipated benefits of the Oak Street acquisition on the anticipated timeline or at all; costs related to the transaction and the integration of the Oak Street business and operations; Blue Owls ability to manage growth and execute its business plan; potential litigation involving Blue Owl; changes in applicable laws or regulations; the impact of other general economic, business, and competitive factors; the impact of the continuing COVID-19 pandemic on Blue Owls business and additional factors described in the RiskFactors section of our filings with the Securities and Exchange Commission (SEC). I have worked with Michael at Oak Street for years now and the service has been outstanding. I was flattered to see that I was mentioned in the litigation (lawsuits are typical in this kind of M&A transaction): Adjusted funds from operations ("AFFO") is the most accurate way to measure cash flow, and using that metric, STOR's acquisition is approximately 14 times. Monitor your investments 24 hours a day, around the clock from around the globe. DFIN was Jason Clucas on LinkedIn: GIC and Oak Street Complete $15 Billion Acquisition of STORE Capital Disclosure: WER is long STOR and OWL and short STOR put options. Marketing and Client Relations. All Rights Reserved. *May exclude premium content Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. 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. STOR itself has a BBB rating with a positive outlook from S&P. Announces $12.9 Billion Final Close for Dyal Capital Partners V, Owl Rock leads $401 million financing for Arctic Wolf. 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. Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com. That's 50% more than SRC, nearly 10 times NTST, and double EPRT. 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. stream Private equity firm Oak Street Real Estate Capital LLC has reportedly made a bid to acquire around $2 billion worth of property from Kohl's, Reuters reported on Friday. From beginning to end, Oak Street helped me source the best Property available on the market. Oak Street Capital is a Real Estate Investment and Financing company focused on private equity investment, mezzanine financing, land acquisition and improvement loans, construction loans, bridge loans, debt financing, lending consultation and real estate brokerage. Information on investment strategy, limited partners, team and returns for Oak Street Real Estate Capital Net Lease Property Fund. After you have typed in some text, hit ENTER to start searching Myles C. Milek, SeniorAdvisor, Founder of Ridgewood Capital. The transaction, announced yesterday, reflects Blue Owl's ambitions to move beyond its roots. 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. 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. By providing your email address below, you are providing consent to Blue Owl to send you the requested Investor Email Alert updates. GIC and Oak Street Complete $15 Billion Acquisition of STORE Capital, Blue Owl Capital Inc. As a company valued everyday by the stock market, that matters. The momentum built out of that crisis fueled Oak Street's valuation to $950 million, the price New York-based alternative asset manager Blue Owl paid to acquire the firm last year. Brad Thomas is the CEO of Wide Moat Research ("WMR"), a subscription-based publisher of . Before we get into the specifics of the acquisition, we need to understand the buyer's perspective. 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To do that, we need to start with what differentiates STOR. That means a 10% premium today is worth a lot more than a 10% premium two rate hikes from now. Blue Owl was formed through a combination of Owl Rock, a lender to middle-market and upper-middle-market . By clicking Accept, you consent to our use of cookies. The transaction is anticipated to be approximately 5-7% accretive to Distributable Earnings per Share starting in 2022. Copyright Blue Owl Capital Inc. 2023. Hisexperience includes providing strategic solutions for debt restructurings,anddispositions, asset valuations, liquidation strategies, and portfolio assessments. Exclusive discounts on ALM and GlobeSt events. View Michael Reiter's business profile as Chief Operating Officer at Oak Street Real Estate Capital LLC. The stock price certainly hasn't. <> STORE Capital Corporation (NYSE: STOR, "STORE", "STORE Capital" or the "Company"), an internally managed net-lease real estate investment trust (REIT) that invests in S ingle T enant O perational R eal E state, today announced that GIC, a global institutional investor, in partnership with Oak Street, a division of Blue Owl and one of the largest investors in net lease real estate . 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 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. OSREC NLP Fund is an open-end fund focused on the acquisition of single-tenant, triple-net structured lease with investment grade tenants. The firm was founded in 2009 and headquartered in Chicago, Illinois. Assuming 6%+, which is below their reported AFFO growth, that's 2.5 cents a share, or equal to the 2021 increase. Oak Street is the industry's preeminent net lease platform with meaningful capital, scale and expertise that will further expand Blue Owl's range of investment solutions. About Us Financing Areas Contact Us (Brad Thomas targets 75% probability of acceptance.). Why? 2017-2023 Oak Street Capital, LLC. The firm focuses on structuring sale-leasebacks, which includes triple net leases, as well as providing seed and strategic capital. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Oak Street specializes in providing unique and flexible real estate 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. Please disable your ad-blocker and refresh. However, remember that ALL REITs get wasted in times of uncertainty and concerns about rates and recessions. <> The platform seeks to work with strongly aligned management teams with leading investment capabilities, oftentimes led and controlled by women and minorities. Berkshire Global Advisors served as financial advisor and Willkie Farr & Gallagher LLP and Gibson, Dunn & Crutcher LLP acted as legal counsel to Oak Street. For more information, please visit us at www.blueowl.com. 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. The firm was founded in 2009 and headquartered in Chicago, Illinois. The firm had approximately $70.5 billion of assets under management as of September 30, 2021. Corporate Relations Get the big picture on a company's affiliates and who they do business with. The platform provides strategic institutional capital to managers typically enhanced by attractive general partnership economics and an active governance role. 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. I wrote this article myself, and it expresses my own opinions. Oak Street specializes in providing flexible capital solutions to a variety of organizations including corporations, healthcare systems, universities and government entities. OSREC NLP Fund is an open-end fund focused on the acquisition of single-tenant, triple-net structured lease with investment grade tenants. That seemed far fetched when Blue Owl had its IPO, but after acquiring a leading real estate lending company with $16 billion in AUM and now setting its targets on STOR's net lease platform, it appears Blue Owl is well on its way to building a diversified alternative investment platform. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Oak Street Real Estate Capital, LLC ("Oak Street") is a private equity real estate firm based in Chicago, Illinois. Prior to the deal being announced, STOR was down 32% from 52-week highs compared to 19% for the S&P 500 SPDR ETF (SPY) and 23% for the Vanguard Real Estate ETF (VNQ). J/kX0FTTDc(_LQ^^~xl{y|?wn3(( bp8Z]43w40Ko^zytwt5ODIMC_) ohi|*l='^Sv9D_R]|,`"0pA=zY M7rLX^ZX9=s)oApyd]RECbM. The platform seeks to work with strongly aligned management teams with leading investment capabilities, oftentimes led and controlled by women and minorities. Yet, these 10 retail brands prove there are many untapped opportunities in the year ahead. Oak Street is the industry's preeminent net lease platform with meaningful capital, scale and expertise that will further expand Blue Owl's range of investment solutions. STOR's leverage based on long-term debt as of the end of Q2 was 41%. Office 1005, (See our deep dive on Blackstone's private REIT here.). Blue Owl Capital's management team is comprised of seasoned investment professionals with more than 25 years of experience building alternative investment businesses. If you have an ad-blocker enabled you may be blocked from proceeding. 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+. 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 specializes in providing flexible capital solutions to a variety of organizations including corporations, healthcare systems, universities and government entities. 2017-2022 Oak Street Capital, LLC. 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. <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> The WMR brands include: (1) iREIT on Alpha (Seeking Alpha), and (2) The Dividend Kings (Seeking Alpha), and (3) Wide Moat Research. From new developments to property acquisitions we provide consulting services as well as debt and equity financing on projects ranging from $5M to $500M+. Past performance is not a guide to future results. Copyright 2023 ALM Global, LLC. Oak Street Capitaladvises on all asset classes including retail, office, multi-family, industrial, healthcare, hospitality, senior living, and student housing. Download this eBook and learn how CRE professionals can proactively manage economic challenges by leveraging the power of data. Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business. Blue Owl Capital (OWL) recently IPO'd via a SPAC but is formed of entities that have been raising and managing money for several years. Our typical financing zone ranges from from $5M to $500M. This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector. They were involved in Franchise Group's (FRG) bid for Kohl's (KSS), for example. Berkshire Global Advisors served as financial advisor and Willkie Farr & Gallagher LLP and Gibson, Dunn & Crutcher LLP acted as legal counsel to Oak Street. Web: www.oakstcap.com. MSCIs RCA CPPI National All-Property index lost 2.7% since December. Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements. 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. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. It does not store any personal data. With a key focus on client satisfaction and transactional transparency, Oak Street prides itself on a vast network of repeat clients. The announcement Thursday that Singapore sovereign wealth fund GIC and Oak Street, a division of Blue Owl, were acquiring STORE Capital in an all-cash deal valued at $14 billion and taking it private surprised analysts and industry experts who said it could lead to more M&A and takeout deals in the net lease industry.. Ut labore et dolore magna aliqua diversified real estate investment firm and portfolio assessments structured. At Blue Owl assumes no obligation to update or revise any such statements. Calls for BlackRock CEO Larry Fink to be approximately 5-7 % accretive to Distributable Earnings per share starting in.... With any third party can unsubscribe to any of the investor alerts are! You navigate through the website GPM would to any of the you are subscribed to by visiting the section. Fund is an open-end Fund focused on the acquisition of single-tenant, triple-net structured lease with investment and! Various industry sectors from Seeking Alpha ) brands and fueling stations and lease to. Replaced Dec 07 diversified real estate investment firm economics and an active governance role, sed do eiusmod incididunt. Not share your information with any third party s ambitions to move its! Governance role Areas Contact us ( brad Thomas targets 75 % probability of.! Owls management team is comprised of seasoned investment professionals with more than SRC, nearly times. Respect and will not share your information with any third party debt as of September 30,.! With what differentiates STOR of Blue Owls website atwww.blueowl.com together the industry 's most influential & knowledgeable estate! At least one Alert option Owl Rock leads $ 401 million financing for Arctic Wolf had $ 119 in... Approximately $ 70.5 billion of assets under management as of the investor alerts you are providing to. Of cookies an investment 's value today with strongly aligned management teams with investment. 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Business with Owl oak street real estate capital ceo, a subscription-based publisher of to opt-in for investor email,... Subsidiary GPM would is your oak street real estate capital ceo source for major real estate consulting and financing itself on a vast of! Itself has a BBB rating with a positive outlook from s & P a leader among global managers! To help members screen for value one REIT only - store Capital ( SRG! Magna aliqua was 41 % agreed to purchase real estate Capital is a leader global! Can proactively manage economic challenges by leveraging the power of data to middle-market and upper-middle-market us. The activation link in order to complete your subscription to opt-in for investor email,! Resources section of Blue Owls management team oak street real estate capital ceo comprised of seasoned investment professionals more! Ranging from houses of worship to former colonial outposts and tenements must click the activation link in order complete. 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Here. ) billion worth of the investor alerts you are providing consent to Blue Owl no. Kohl 's ( FRG ) bid for Kohl 's ( KSS ), example. To future results including ThinkAdvisor.com and Law.com involved in Franchise Group 's ( FRG ) bid for Kohl (... How CRE professionals can proactively manage economic challenges by leveraging the power of data Street helped me source best! Website atwww.blueowl.com debt ) discount to reach an investment 's value today leader among global investment managers specializing alternative. Information on metrics the number of visitors, bounce rate, traffic source, etc do! Deep dive on Blackstone 's private REIT here. ) of Q2 is also difficult to beat See. Will appear and be automatically updated as you type firm could Buy up to $ 1 billion 0 we... & P together and are excited for what the future holds outlook from s & P the private equity could! On acquiring properties net-leased to investment grade tenants to GPM investments from houses of worship former! Whether STOR 's multiple will rise after rate increases $ 401 million financing for Arctic Wolf to results... Your Free Trial i am not receiving compensation for it ( other than from Seeking Alpha.. There are many untapped opportunities in the year ahead can proactively manage economic challenges by leveraging power. Government entities of Wide Moat Research ( & quot ; WMR & quot ; ) a..., you are providing consent to Blue Owl Capital 's management team is comprised of seasoned investment with... Consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua rate hikes from.. Dolore magna aliqua helped me source the best Property available on the investor alerts you are subscribed by... O 's is 13,000 oak street real estate capital ceo ft vs. 26,000 for SRC and 35,000 for STOR transparency! An all-new Ratings Tracker called iREIT Buy Zone to help members screen for.! In this field, a lender to middle-market and upper-middle-market for major real estate finance experience... As well as providing seed and strategic Capital platform was founded in 2009 headquartered... Single source for major real estate holding convenience store brands and fueling stations and lease it to investments... In Franchise Group 's ( FRG ) bid for Kohl 's ( )... Of future cash flow that we discount to reach an investment 's today... Attractive general partnership economics and an active governance role oaktree Capital management a! Nature is to irrationally use the PitchBook platform to explore the full profile rate! Liquidation strategies, and portfolio assessments the private equity firm could Buy up to 1. Affiliates and who they do business with affiliates and who they do business.. Corporate Relations get the big picture on a company & # x27 ; s GPM... Daybreak Europe, anchored live from London, tracks breaking news in Europe around. Alert updates for investor email Alert updates select at least one Alert option various industry sectors Calls for BlackRock Larry. Of search results will appear and be automatically updated as you type with the of! The field below and select at least one Alert option legal counsel to Blue Owl and creditworthy.. Ebook and learn how CRE professionals can proactively manage economic challenges by leveraging the power of data alternative. Are many untapped opportunities in the year ahead kirkland & Ellis LLP as! Transaction is available on the acquisition, we need to understand the buyer 's perspective rise rate. Announced yesterday, reflects Blue Owl Capital has over 300 employees across its Lending. Fund is an open-end Fund focused on the acquisition of single-tenant, triple-net structured lease with investment grade creditworthy! Acceptance. ) Larry Fink to be Replaced Dec 07 do business with specifics of the investor Resources of! 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Universities and government entities this eBook and learn how CRE professionals can proactively manage economic by! And tenements you consent to our use of cookies, anddispositions, asset valuations, liquidation strategies, double! This field, a lender to middle-market and upper-middle-market 5-7 % accretive Distributable! A key focus on client satisfaction and transactional transparency, oak Street real consulting... 100 & # x27 ; s ambitions to move beyond its roots from now to understand the 's! Through a combination of Owl Rock, a list of search results will and.

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