The LCP Group, a vertically-integrated, real estate investment manager specializing in net lease and hospitality investments, entered into a $50 million joint venture with funds managed by Oaktree Capital Management, a global investment manager with more than $218 billion in assets under management across credit, private equity and real estate assets.
The joint venture will target high-quality, net-leased early education properties in select U.S. growth markets, continuing LCP’s proven strategy of acquiring triple-net (NNN) leased centers operated by established early education providers. This model has consistently delivered stable income and long-term value appreciation, aligning with the partnership’s focus on durable cash flows and sustained value creation.
“LCP is thrilled to begin a partnership with Oaktree and continue to expand our national footprint in the early education industry,” Rich Marquard, managing director with The LCP Group, said. “This collaboration marks an important step in expanding our net lease platform and reflects LCP’s continued focus on building long-term relationships with institutional partners.”
