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Innovating in
Real Estate investing

Since its inception, our Real Estate platform has established itself as a leader in real estate investing, offering flexible capital solutions to tenants and borrowers across asset classes and geographies. Through our credit-first approach, we seek to provide investors with predictable current income and attractive risk-adjusted returns while focusing on limiting downside risk.

Our difference

Certainty

Over several decades and through various market cycles, we have established a reputation for delivering speed, scale, and certainty in execution. Our track record of reliability has earned us the trust of our partners in offering bespoke capital solutions.

Clarity

Our Real Estate platform is designed to provide confidence to our investors through predictable cash flow and current income. Paired with an equal emphasis on downside risk mitigation, we ensure that our investors have a clear line of sight on the capital they have entrusted in us.

Discipline

Credit quality is the foundation of our investment thesis, underpinning our stringent investment criteria, rigorous underwriting, and due diligence processes across our net lease and financing strategies.

$27.2B
Assets under management
1,890+
Real estate assets owned
190+
Deals closed

Our strategies

Net Lease

Our real estate strategies focus on acquiring single-tenant, free-standing properties across industrial, essential retail, and data centers that are net-leased, long-term, to investment grade and creditworthy* tenants. This combination seeks to create predictable cash flow from long-term rents in our effort to provide investors with current income, net of fees, plus appreciation and limited downside risk.

Real Estate Finance

Our Real Estate Finance strategy offers a diverse range of competitive financing solutions. We invest in both the public and private markets, seeking to generate equity-like returns while maintaining well-protected positions in the capital structure. Secured by real assets with predictable cashflows, our strategy aims to generate diversification, current income potential, and downside mitigation for our investors.

Our Net Lease investment process

ORIGINATION

Proprietary sourcing and data-science system that identifies potential opportunities for off-market transactions, with an initial screen followed by exploratory diligence.

UNDERWRITING

Programmatic process built around vigorously assessing credit strength in various markets and economic conditions for the purpose of stress-testing downside and mission-criticality. 

LEASE STRUCTURING

Focused on negotiating contractual lease terms that can provide for clarity and downside mitigation of cash flows from real estate.

APPROVAL

A thorough review is conducted to ensure that applicable investment risks are considered and the stringent criteria of the strategy are met.

MONITORING

Ongoing oversight of tenant credit and lease adherence with respect to maintenance, taxes, insurance, and general asset management.

Our partner tenants

Want to see our latest results?
View our first quarter 2024 earnings.

*Investment grade companies must have “BBB-” rating or higher by S&P or an equivalent rating from a nationally recognized statistical rating organization (NRSRO). Creditworthy refers to businesses that Blue Owl deems financially sound enough to justify an extension of credit or engage in a lease agreement.