Investment Criteria
Oak Realty Group, Inc. targets stabilized, income-producing office, medical office and industrial properties that provide the ability to create value over a five to ten year hold period through continued investment in the asset, improved property operations, strategic capital deployment and strategic leasing.
Property Characteristics
Suburban office, medical office and industrial properties
Class A and B product type
Typically post 1990 construction
Multitenant assets preferred
Markets
Geographic focus on Chicago and secondary Midwest markets
High barrier to entry/in-fill locations with good visibility, strong employment fundamentals, access to transportation and amenities
Municipalities with cohesive growth plans, strong municipal bond ratings, and devoid of current or future utility constrictions
Investment Parameters
Minimum investment: $3,000,000; no maximum size
Targeted size: $10 to $75 million
Typically use long term, fixed rate debt at 65%-80% LTV
Typical hold period of 5-10 years
Acquisition and Investment Strategy
All-cash or subject to attractive assumable in-place financing
Properties with value-add component will be given strong consideration
Tax credit or bond financed properties
Partnership buyout or restructurings
Acquisition of performing, non-performing, or mezzanine notes
Preferred equity or mezzanine investments
For more information or to discuss an acquisition opportunity, please contact:
Greg Nieder
Executive Vice President
(847) 400-5700
gnieder@oakrealtygroup.com
Adam Levine
President
(847) 400-5700
alevine@oakrealtygroup.com