A Miami based global Real Estate Development and Capital investment firm engaged in acquisitions, development and repositioning of residential and commercial properties.
$3 BILLION
IN RESIDENTIAL, HOTEL & COMMERCIAL REAL ESTATE
Oak Capital focuses on residential and commercial developments, investments and acquisitions, including the repurposing of complex and distressed properties, as well as the creation of new business, including entertainment concepts.
Oak Capital was founded by Ricardo Dunin, who was responsible for the development of approximately $3 billion in residential, hotel and commercial real estate projects in the United States, Caribbean and Latin America.
As active value-creators, Oak Capital and/or its partners have successfully transacted in all major asset classes including office, industrial, retail, hospitality, ultra-luxury residential condominiums, office condominiums, hotel condominiums, land development, entitlements, and complex land use rezoning.
TEAM
Ricardo
Dunin
FOUNDER & CEO OF OAK CAPITAL
He has over 35 years of experience in the Miami, Caribbean & Brazilian real estate markets. As a visionary developer, he has led iconic projects including The Ritz-Carlton Residences and pioneered the condo-hotel concept in South Florida.
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Arturo Vidal
Vice President of FinanceArturo Vidal, CFA, is the Vice President of Finance at Oak Capital, where he leads the creation of financial models for development and acquisition projects and supports deal sourcing and capital raising efforts. He previously worked at Lionheart Capital, managing underwriting for distressed retail acquisitions and contributing to daily asset management across the retail portfolio. Arturo holds a BA in Economics and Computer Science from Middlebury College, as well as both an MBA in Real Estate and an MS in Finance from the University of Miami. He is also a CFA® Charterholder
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John Petersen
ComptrollerJohn Petersen is the Comptroller at Oak Capital, bringing over 30 years of experience in public accounting and financial management across the hospitality and real estate sectors. His career began at Deloitte in Alberta before he transitioned into hospitality finance, overseeing major hotel properties in the Canadian Rockies, New York City, and Miami. He later expanded into real estate development and the acquisition and operation of high-profile hospitality assets in the Northeast. After relocating to Miami, Petersen directed financial operations for the five-star Grand Bay Hotel during his tenure at Carnival Hotels and Casinos. He joined Flagler Holding Group—an Oak Capital predecessor—in 1999 as CFO, managing financial and administrative functions for its condominium developments. At Oak Capital, he oversees all administrative, reporting, forecasting, and budgeting responsibilities. Petersen studied Economics at UCLA and holds a Bachelor of Commerce in Accounting from the University of Alberta.
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THE RITZ-CARLTON RESIDENCES MIAMI BEACH
4701 MERIDIAN AVENUE MIAMI BEACH, FL
Purchased the Miami Heart Institute, an 1,000,000 sq. ft. functioning hospital, in 2012. Situated on 7.5 acres of land this waterfront property was successfully rezoned for residential use.
It was then designed by Master Italian architect Piero Lissoni and branded The Ritz-Carlton Residences, Miami Beach. The projected sellout is approximately $550 million and it was delivered in 2019.
the ritz-carlton residences SINGER ISLAND
2700 North Ocean Drive Singer Island, FLAcquired the majority of units at the 2700 North Ocean condo towers in June 2010, totaling 450,000 sq. ft, for $120 million. Post purchase, this 8-acre oceanfront property was converted to The Ritz-Carlton Residences, Singer Island, Palm Beach, and same units were sold for over $300 million.
The Ritz Carlton Residences POMPANO BEACH
1380 South Ocean Boulevard Pompano Beach, FLOn a 5-acre oceanfront site, with 450,000 sellable sq. ft. and a sellout of over $500 million, this project is situated in Pompano Beach, Florida. It has two luxury-branded condominium towers, on both the oceanfront and the intracoastal, compromised of 207 units. The property features a Beach Club, a Yacht Club, a private marina, restaurant and wellness center, and it’s being developed in partnership with the Fortune International Group
the SEAGULL HOTEL
100 21st Street Miami Beach, FLThe Seagull Beach Resort was the last large prime beachfront un-renovated legacy hotel in South Beach. This extremely complex transaction, undertaken together with the Actium Development Co., included a land lease and multiple owners. It took 15 years to be completed, after which was sold for $120 million. The property will now be redeveloped into a Bulgari Hotel.
LE SERENO HOTEL
SAINT BARTHSuccessfully developed the ultra-luxury Le Sereno Hotel in St. Barth. Designed by famed Parisian architect Christian Liaigre, Le Sereno has earned the reputation as the most stylish and private sanctuary among a select group of St. Barth’s hotels. The Sereno brand, that was created for this hotel, is now expanding into Europe with the recent opening of Il Sereno in Lake Como, one of the premier new European hotels.
THE MERIDIAN LOFTS
2001 Meridian Avenue Miami Beach, FLDeveloped The Meridian, designed by renowned architects Bernard Zyscovich and Alison Spear. This 6-story, 111-lofts building marked the first major lofts development in South Florida. Resembling a head-shaped contemporary sculpture that undulates along a full block, facing the Miami Beach Convention Center, Botanical Garden and Miami Beach Golf Club, it earned the ‘Historical Preservation Award’ from the Miami Design Preservation League. This $42 million condominium opened in June 2005.
Sonesta Bayfront Hotel
2889 McFarlane Road Miami, FLDeveloped The Sonesta Bayfront Hotel, a $70 million, 224-unit condominium in Coconut Grove, overlooking Biscayne Bay. Located in the center Grove, adjacent to Cocowalk, this development was completed on time and under budget, in 2002. Now rebranded as Arya Hotel, it remains one of the most successful condo-hotel developments in the country.
THE MUTINY HOTEL
2951 South Bayshore Drive Miami, FLSuccessfully redeveloped The Mutiny, a $40 million, 172-unit luxury condo-hotel in Coconut Grove, Florida. This development was the first luxury condo-hotel in South Florida and ignited a tremendous wave of condo-hotels throughout the area. It earned a ‘BEST’ Award from the Building Industry Association of South Florida.
Domus Brickell Park
1611 SW 2nd Avenue Miami Beach, FLDomus FLATS is a new concept dedicated to making people feel at home. Each Domus FLATS location is chosen, and each building is designed so that the guest is no longer an outsider passing through - but instead is deeply and meaningfully connected to the people and place they have traveled so far to experience. Our purpose is to create value for investors and comfortable experiences for owners and guests alike. As an owner, you reap the rewards of our determination to evolve the business. Each unit comes with our reservation management system that takes full advantage of the latest tech to ensure that you are operating in the most efficient and convenient way possible.
Domus Brickell Center
1034 SW 2nd Avenue, MiamiDomus Brickell Center is a collection of flats—offering seamless access to life in the heart of Brickell, alongside the services, security, and consistency of a hotel, all within Miami’s most vibrant neighborhood.
HOUSE OF WELLNESS
152 SW 9th Miami, Florida, 33130House of Wellness redefines what it means to live well in the heart of Brickell - combining a thoughtful, balanced approach to wellness living with an attainable cost. Every residence is designed to restore equilibrium, where the rhythm of the city meets the calm of curated design. Wellness is not an amenity but a way of being, woven seamlessly into the architecture, the community, and the experience of home.
VENTURE CAPITAL
Larks Entertainment is pioneering the "Active Entertainment" sector by offering a unique conglomerate of affordable, accessible, and safe concepts for all ages (including shuffleboard, mini-golf, arcade, and dining). We aim to be the preeminent operator and franchisor across the U.S., appealing to entrepreneurs at all financial levels. Leverage our expertise and "Franchising in a Box" model to launch and scale your business quickly. Our first stores are currently opening in Dallas and Nashville.
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CONTACT US
1200 Brickell Ave, Suite 1800, Miami, FL 33131