Minnesota Commons to Undergo Redevelopment with Red Oak's $15.5M Financing
Deal News | Nov 22, 2024 | Arden Group Inc/The
Red Oak Capital Holdings, a prominent figure in commercial real estate finance, has allocated $15.5 million for the redevelopment of Minnesota Commons Apartments in Washington DC. Known for its sophisticated investment platform aimed at institutional quality partnerships, Red Oak employs a strategic approach with proven lending methodologies designed for alternative assets. More than just a conventional lender, the team is driven by a powerful and socially responsible investment thesis. Over the years, Red Oak has deployed in excess of $5 billion across both debt and equity transactions, led by experienced executives. The firm also emphasizes its Social Impact Partnership Program (SIPP), ensuring that their investments contribute constructively to society. Their headquarters are located in Charlotte, NC, projecting a national reach as a balance sheet lender.
Sectors
- Commercial Real Estate
- Private Equity
Geography
- United States – The article pertains to Red Oak Capital's activities in the US, specifically financing a project in Washington DC.
- Washington DC – The location of the redevelopment project, the Minnesota Commons Apartments, financed by Red Oak Capital.
Industry
- Commercial Real Estate – The article focuses on Red Oak Capital's $15.5 million investment in the redevelopment of Minnesota Commons Apartments, emphasizing their role as a national balance sheet lender in commercial real estate finance.
- Private Equity – Red Oak Capital Holdings is presented as a PE firm focusing on providing capital solutions for real estate investments.
Financials
- $15.5M – The amount provided by Red Oak Capital Holdings for the redevelopment of Minnesota Commons Apartments.
Participants
Name | Role | Type | Description |
---|---|---|---|
Red Oak Capital Holdings | Lender | Company | A national balance sheet lender specializing in commercial real estate finance. |
Minnesota Commons Apartments | Target Company | Company | The apartment complex in Washington DC slated for redevelopment financed by Red Oak Capital. |