Company Profile: Broad Oak Development
Background
Overview
Broad Oak Development is a full-service real estate development and investment firm specializing in the creation of high-quality multifamily and mixed-use communities. The company is dedicated to developing enduring assets that enrich neighborhoods while generating compelling risk-adjusted returns. Their integrated approach encompasses every stage of the development lifecycle, from site acquisition and entitlements to design, construction, and asset management. This comprehensive strategy ensures disciplined execution and sustained value creation.
Mission and Vision
Guided by principles of integrity, excellence, and accountability, Broad Oak Development is committed to cultivating lasting partnerships and delivering exceptional living environments that stand the test of time. Their mission is to build communities that create lasting value for residents, investors, and the broader community.
Industry Significance
With decades of collective experience in the development, construction, and asset management of multifamily and mixed-use communities, Broad Oak Development has successfully delivered thousands of residential units, representing capitalization in excess of $700 million. Their leadership has resulted in the successful delivery of thousands of residential units, representing capitalization in excess of $700 million.
Key Strategic Focus
Core Objectives
Broad Oak Development focuses on creating high-quality multifamily and mixed-use communities that enrich neighborhoods and provide compelling risk-adjusted returns for investors. Their strategic approach emphasizes disciplined execution and sustained value creation.
Areas of Specialization
The company specializes in the development of multifamily and mixed-use communities, managing every stage of the development lifecycle, including site acquisition, entitlements, design, construction, and asset management.
Key Technologies Utilized
While specific technologies are not detailed, Broad Oak Development employs a strategic, data-driven approach to development, guided by deep local market insight and strong capital partnerships.
Primary Markets Targeted
Broad Oak Development primarily targets growth markets throughout the Eastern United States, focusing on areas with strong demand for quality housing and favorable economic conditions.
Financials and Funding
Funding History
Specific details regarding Broad Oak Development's funding history, total funds raised, and recent funding rounds are not publicly disclosed.
Notable Investors
Information about specific investors in Broad Oak Development is not publicly available.
Utilization of Capital
The capital raised is utilized to support the company's development projects, including site acquisition, entitlements, design, construction, and asset management, ensuring disciplined execution and sustained value creation.
Pipeline Development
Key Pipeline Candidates
Broad Oak Development is involved in several significant projects, including:
- Broad Oak Oviedo: A 252-unit multifamily community in Oviedo, Florida, featuring Class-A amenities. The project is slated to open in summer 2026.
Stages of Development
The company is engaged in various stages of development, from site acquisition and entitlements to design, construction, and asset management, ensuring disciplined execution and sustained value creation.
Target Conditions
Broad Oak Development focuses on areas with strong demand for quality housing and favorable economic conditions, primarily targeting growth markets throughout the Eastern United States.
Anticipated Milestones
The Broad Oak Oviedo project is expected to open in summer 2026, marking a significant milestone in the company's development pipeline.
Technological Platform and Innovation
Proprietary Technologies
Specific proprietary technologies employed by Broad Oak Development are not publicly disclosed.
Significant Scientific Methods
The company applies a disciplined and strategic approach to every stage of development, guided by deep local market insight and strong capital partnerships, ensuring disciplined execution and sustained value creation.
Leadership Team
Key Executives
Specific details regarding the leadership team of Broad Oak Development are not publicly available.
Competitor Profile
Market Insights and Dynamics
The real estate development industry, particularly in the multifamily and mixed-use sectors, is characterized by strong demand for quality housing, especially in growth markets throughout the Eastern United States. The market is competitive, with numerous developers vying for prime locations and investment opportunities.
Competitor Analysis
Broad Oak Development faces competition from various real estate development firms specializing in multifamily and mixed-use communities. Key competitors include:
- LeCesse Development Corp.: A nationally recognized multifamily investment firm that has developed over 20,000 units since its founding in 1952.
- Thompson Thrift: A real estate development firm involved in projects such as Terrassa and Velara in Jacksonville, Florida.
- Prospect Real Estate Group: Developer of Adley Luxe in Jacksonville, Florida.
Strategic Collaborations and Partnerships
Broad Oak Development collaborates with various partners to enhance its development capabilities, including:
- LeCesse Development Corp.: Partnered on the Broad Oak Oviedo project in Florida.
Operational Insights
Broad Oak Development's integrated approach to development, encompassing every stage from site acquisition to asset management, provides a competitive advantage in delivering high-quality multifamily and mixed-use communities.
Strategic Opportunities and Future Directions
Strategic Roadmap
Broad Oak Development aims to expand its portfolio by identifying and developing high-quality multifamily and mixed-use communities in growth markets throughout the Eastern United States.
Future Business Directions
The company plans to continue its focus on disciplined execution and sustained value creation, leveraging its integrated development approach to deliver exceptional living environments.
Opportunities for Expansion
Opportunities exist in emerging markets with strong demand for quality housing, where Broad Oak Development can apply its expertise to create enduring assets.
Positioning for Future Objectives
Broad Oak Development's commitment to integrity, excellence, and accountability positions the company to achieve its future objectives and maintain a strong presence in the real estate development industry.
Contact Information
Official Website
Broad Oak Development's official website is available upon request.
Social Media Profiles
- LinkedIn: Broad Oak Development maintains an active LinkedIn profile.
- Facebook: The company also engages with audiences via Facebook.
- Instagram: Broad Oak Development shares content on Instagram.
Headquarters Location
Specific address details are not publicly disclosed.