Oak Real Estate Partners launches $500m private real estate financing fund

Oak Real Estate Partners, a commercial real estate lender and national fund manager focused on the institutional investment sector, has launched a $500 million private real estate financing investment fund, Oak Institutional Credit Solutions.

Oak Institutional Credit Solutions is a perpetual term fund that seeks to raise $200 million from a select group of foundations, endowments and multifamily offices. The fund will seek to use an additional $300 million of leverage.

Oak Institutional GP, the managing member, will make a commitment of at least $2.5 million, exclusive of the capital commitments.

The fund is expected to include around 50 to 100 assets at any time when fully deployed, providing significant diversification for investors across geography, industry, tenant mix, structure type and property type. The fund targets loans on multifamily, retail, office, industrial, mixed-use, hospitality and other CRE properties located in primary, secondary and select t