Actively Raising
Oak Street Assets Website
Oak Street Assets Overview
Oak Street Assets is a U.S.-based private real-estate investment firm, founded in 2021 by real-estate investor Tim Fergestad. The firm focuses on acquiring under-performing or undervalued multifamily apartment communities (typically larger complexes with 100+ units), then renovating, repositioning, and stabilizing them for long-term passive income. Oak Street promotes a model designed for investors — especially busy professionals — who want exposure to real estate without the hands-on burden of property management.
The core investment strategy revolves around “value-add” multifamily properties in emerging or growing U.S. markets. Oak Street seeks assets with physical or operational inefficiencies, invests in rehabilitation or rebranding, optimizes management and leasing, then stabilizes the properties to generate consistent cash flow and potential appreciation. Their public stated objectives for investors include solid cash flow, tax benefits, and above-market returns — combining rental income, value-add upside, and potential sale/refinancing gains.
On the investor side, Oak Street Assets operates primarily through syndication structures for accredited investors. Their offerings are often 506(c) — meaning investors share equity in the property while Oak Street (as sponsor) handles sourcing, execution, operations, and eventual exit strategies. Reported target metrics for their deals typically include 8%+ cash-on-cash returns, ~15%+ IRR, and a goal to double investor capital over a ~5-year hold period. As with many private syndications, actual returns will vary based on property performance, management execution, financing, and exit timing; thus investors are encouraged to carefully review offering documents.
Address
Year Founded
2021
Operates In
Asset Classes
Multifamily
Accepted Investors
Accredited