White Oak Healthcare Finance, LLC announced it will broaden its product offering and enter the healthcare real estate investment market.  White Oak hired Jeff Erhardt, Paul Nevala, Mike Treiber and John Brussard to build out the vehicle, which will initially invest up to $500MM and will focus on investments in seniors housing and skilled nursing properties using triple net leases and joint-venture RIDEA structures.

“We are very excited to launch this new product and have the team join White Oak, given their outstanding investment track record,” said Isaac Soleimani, Managing Director and Partner at White Oak.  “With this world-class team and new product addition, we continue to expand and have a greater impact in serving the growing healthcare real estate market.”

Prior to joining White Oak, the team founded Capital Healthcare Investments, a subsidiary of a publicly traded REIT which they grew to $300MM in assets over two years. Prior to that, they worked together for 12 years at GE Capital, Healthcare Financial Services where Erhardt was the head of the healthcare real estate equity platform, Nevala was head of long term care investment research, and Treiber underwrote and managed healthcare real estate equity and debt deals.

“White Oak not only has flexible capital, but also has a dedicated team of knowledgeable healthcare focused professionals that offer competitive and creative structures” said Jeff Erhardt, Managing Director and Chief Investment Officer of the newly formed REIT vehicle.  “We are looking forward to growing the business through insightful investing.”