Oaks Development Group is launching a new division focused on providing venture capital and partnership opportunities to private equity investors in key markets across the country.
Oaks is now focusing on expanding its unique office ownership model nationwide. Rick Benson, Oaks' director of business development, will head the Boston office.
Oaks' tenant ownership model creates a three-way partnership among the medical tenants, private investors and the developer. This provides the perfect balance for a successful project, giving 50% ownership to the doctors and other medical professionals who occupy space in a building. At the same time, equity investors who help finance the building and Oaks that builds and manages the property split the other 50%, and all three partner groups share in the benefits of ownership.