Western National Group and Banner Oak Capital Partners Launch Strategic Multifamily Investment Partnership

Patricia Gibson

IRVINE, CA – Western National Group, a fully- integrated multifamily acquisition, development, construction, and property-management firm based in Irvine, California, and Dallas, Texas–based Banner Oak Capital Partners, LP, a real estate investment management firm focused on providing growth and investment capital to best in class operating partners, have launched a strategic joint venture that will invest in multifamily projects throughout California’s major markets.  

The programmatic investment vehicle will provide general partner capital, as well as select limited partner capital, for both the acquisition of existing properties and for ground-up development projects.

Additionally, the venture may seek the investment of third-party limited partner capital on a project-by-project basis, according to Michael Hayde, CEO of Western National Group.

“Banner Oak has an excellent track record of successful multifamily real estate transactions and has a reputation of high integrity,” says Hayde.

Michael Hayde

“We are confident that this partnership is with the right people and has all the necessary elements for future success in the market.”

“We are delighted to partner with a company having such extensive experience and depth of knowledge in the multifamily market," stated Patricia Gibson, CEO of Banner Oak Capital Partners.

"The Western National team has impressed us with their commitment to excellence, collaborative culture, and disciplined approach. We look forward to making meaningful investments across California with a best-in-class developer and operator,”

Contacts:    

              

Alex Caswell/Lexi Astfalk

Brower Group, Inc.

(949) 438 6262

acaswell@brower-group.com

www.banneroak.com.

www.wng.com.