Little more than a year after its own founding, Blue Owl Capital completed its purchase of Chicago-based Oak Street Real Estate Capital on Dec. 30, 2021.
The transaction, previously announced in October, includes Oak Street’s investment advisory business. The firm has over 35 employees and $12.4 billion in AUM with a distinct focus on structuring sale-leasebacks, which includes triple net leases, as well as providing seed and strategic capital.
As a division of Blue Owl, Oak Street will continue to be led by Marc Zahr, who joins Blue Owl’s board . . .
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