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New Deal


Announced

Completed

Blue Owl Capital completed the investment in Core Spaces.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Real Estate Holding and Development

Completed

Friendly

Minority

Private

United States

Acquisition

Single Bidder

Domestic

Private Equity

real estate developer

Synopsis

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Blue Owl Capital, a capital provider to institutional alternative asset management firms, completed the investment in Core Spaces, a vertically integrated residential real estate developer, owner and operator. Financial terms were not disclosed. “Blue Owl is one of the best alternative asset management firms in the game and we’re excited to partner with them as we continue pushing boundaries across student housing, BTR and beyond. We’re always looking for ways to unlock new opportunities that challenge the expected and keep us moving forward. With Blue Owl’s partnership, we have even more room to grow and innovate while still staying true to what we’ve done since day one: inventing the future of living,” Marc Lifshin, Core Spaces Founder and CEO.

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