CoastOak Overview
CoastOak Group is a privately held real estate development and investment management company founded in 2008 by its Managing Principals, Don Carroll and Greg McGowan. CoastOak focuses its activities on residential, multifamily and mixed-use communities and assets in many of the largest and fastest growing markets across the United States and in certain European markets. CoastOak develops communities, builds homes, invests in multifamily assets, and provides advisory services to capital partners with a focus on debt and equity structures in residential related investments.
CoastOak understands that the creation of distinctive communities requires consideration for our neighbors and residents of the surrounding area as well as sensitivity to the natural environment.
- Proactive collaboration within our local communities and municipalities is an essential element of corporate responsibility to address the needs of all our stakeholders. Our professionals have extensive experience working with government agencies, community organizations, local civic groups, public and private schools and foundations, as well a variety of professional organizations.
- Community development must be responsive to the natural environment and its surroundings through enhanced planning and preservation of the earth’s resources. CoastOak employs local experts to assist in creating sustainable designs and strategies for protecting the natural environment and preserving native habitat. Developing with sensitivity to the natural surroundings not only creates benefits for the environment but also creates exceptional communities for our residents.
CoastOak teams with strategic financial partners, including a variety of experienced institutional capital providers. We utilize conservative capital structures with minimal leverage. Our current investment partners include Centerbridge Partners, Goldman Sachs & Co. through its Whitehall Street Real Estate family of funds, NorthStar Realty Finance Corp., Fortress Investment Group, Morgan Stanley through its MSREF family of funds, NVR Inc. and a variety of private family offices.