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 . . .
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Annual subscriptions get you the most bang for your buck, including access to Alternatives Watch Research articles and out Annual Investor Compendium.
Monthly subscriptions and discounted corporate plans for up to 100 members also available.