About Green Oak Capital
A New Jersey multifamily investment firm built around three things: brokerage-backed market access, conservative underwriting, and direct accountability to our investors
Our Mission
We acquire, reposition, and professionally operate 20+ unit value-add multifamily properties across northern New Jersey — sourcing direct from long-held private owners, underwriting with discipline, and reporting with the transparency a serious investor expects.
Founders
Three partners combining brokerage market access, capital strategy, and operational discipline
Taylor Lucyk
Taylor founded the Taylor Lucyk Group, the #1 large real estate team in NJ (WSJ/RealTrends 2025) and a Christie's International affiliate, with $1B+ in lifetime sales and $300M+ in the last 24 months. Born and raised in Bergen County, he brings deep market knowledge and a network of developers, owners, and investors built across thousands of NJ transactions. At Green Oak, Taylor leads sourcing and seller relationships — turning the brokerage's reach into off-market multifamily access institutional buyers can't replicate.
Alek Liskov
Alek is Founder & Chief AI Officer of Datalinx AI, an agentic data refinery platform that turns messy consumer data into actionable datasets. Previously, he was Director of AI & Data Product at Intuit, where he built Mailchimp's AI strategy and led the Customer Data Platform and Revenue Intelligence AI product (200K weekly active users). Before Intuit, Alek was a founding executive in Verizon's central AI & Data organization, where he led the Personalization AI platform credited with $1B+ in incremental revenue. At Green Oak he leads operations, capital strategy, and the data & technology platform behind our direct-to-owner sourcing engine.
Neil Patel
Neil is Founder of Neils Management, a leading Bergen County property management company serving condominiums/HOAs, commercial assets, and investor-owned real estate. He brings 18 years of real estate experience and 15+ years of commercial leadership in Biotechnology and Genomics, where he helped drive over $570M in total revenue across multiple venture-backed companies in the immuno-oncology genomic services market — supporting growth, strategic partnerships, and M&A positioning with large pharmaceutical organizations. At Green Oak, Neil leads underwriting and asset management — applying institutional sales discipline, operator-level execution, and a value-creation mindset to acquire intelligently, unlock performance, and operate every asset to its full potential.
The Taylor Lucyk Group
The #1 large real estate team in New Jersey — and the source of Green Oak's direct-to-owner sourcing engine
Large Real Estate Team in NJ
Ranked #1 by Wall Street Journal / RealTrends 2025 among large real estate teams in New Jersey
Lifetime Sales
Over $1 billion in career sales across northern New Jersey — and the relationships that come with that volume
Recent 24-Month Volume
$300+ million in sales over the last 24 months, demonstrating consistent market leadership
NJMLS Ranking
#1 ranking in the New Jersey Multiple Listing Service, with highest brand recognition in Northern NJ
Neils Management
Bergen County's fastest-growing white-glove property management company — and Green Oak's operating advantage across underwriting, asset management, and value creation
Assets Under Management
Over $73 million in real estate under management across Bergen County and northern New Jersey, with hands-on oversight of residential communities, commercial assets, and investor-owned properties
Core Management Verticals
Built around three operating pillars — condominiums/HOAs, commercial assets, and investor-owned real estate — giving Green Oak direct visibility into how properties perform after acquisition
Modern Management Platform
An agile, technology-forward management company using the latest tools, automation, and AI to improve communication, streamline operations, and deliver faster, more transparent service to clients
Owner-Level Execution
Known for responsive service, disciplined financial oversight, vendor accountability, and a hands-on operating approach designed to protect asset value and unlock long-term performance
Underwriting Meets Operations
Neils Management gives Green Oak a practical edge: deals are reviewed not only through the lens of acquisition, but through real-world operations, expense control, capital planning, and asset performance — so what we underwrite is what we can actually deliver.
Vertically Integrated Platform
Full-service capabilities from acquisition through exit
Deal Sourcing
Proprietary pipeline of ~16,900 northern NJ parcels, mined for owner intent and reached direct
Acquisition
Disciplined underwriting and efficient transaction execution
Renovation
In-house oversight of cost-effective capital improvements
Property Management
Professional operations, leasing, and tenant relations
Asset Management
Strategic oversight and performance optimization
Investor Reporting
Institutional-grade transparency and regular updates
Our Edge
Disciplined Geographic Focus
Five counties, one underwriting playbook. We don't chase deals across state lines or pursue markets we don't live in — and we don't apologize for it.
Every property within an hour's drive of our team. Every rent-control ordinance read line-by-line.
20+ Unit Thesis
Below the threshold institutional capital is willing to chase, above the reach of retail buyers — meaningful scale with limited competition.
We screen ~16,900 NJ multifamily parcels and pursue the long-held mom-and-pop owners who don't list with brokers.
Direct Access to the GPs
Quarterly financials with full P&L, rent roll, and capex schedule. K-1s on time. And when you have a question about a deal, you reach the partner who underwrote it — not an investor portal ticket queue.
Institutional discipline at the scale where the GP still picks up the phone.
Proprietary Deal Pipeline
The Taylor Lucyk Group's NJ-wide brokerage relationships, layered on top of our own owner-intent data, generate off-market deal flow our peers don't see.
First-look access to long-held owners considering an exit — months before a deal would otherwise hit the market.
Where We Are, Honestly
This is Green Oak's first institutional vehicle. Decades of operating experience in northern NJ; first multi-investor fund. Here's how we're thinking about that — and what it means for our first LPs.
A market in transition
Bergen County multifamily owners who bought in the 80s and 90s are aging into exit decisions. Construction starts collapsed 75% in 2025, supply moat tightens each year. Capital is starting to notice — but most institutional vehicles still won't look below 100 units. That window is our first deals.
Northern NJ insiders
Taylor runs the #1 NJ residential brokerage. Neil operates $73M of NJ real estate across condos, commercial, and investor-owned. Alek is a career data & AI builder. Three operators with skin in the game — not generalist allocators learning the territory after the fact.
Conservative by design
Modest target raises. Meaningful GP commitment on every deal. Day-one cash flow, stress-tested rents, no speculative value-add. We'd rather pass on a good deal than force a great pro-forma. Our first LPs partner on those terms.
“Had we underwritten the Westwood Portfolio”
In December 2024, Kushner Companies acquired four Westwood / River Vale apartment buildings — 276 units total — for $80M (~$290K/unit). It's a public comp on the type of asset we underwrite. Below: how Green Oak's underwriting would have modeled the same deal at a smaller scale, applied to a representative 30-unit Bergen County building at the same price point.
- Purchase price
- $8.7M
- Units / size
- 30 · 1972 vintage
- Per-unit basis
- $290,000
- Going-in cap
- 5.6%
- Senior debt (65% LTV)
- $5.66M @ 6.50%
- Total equity
- $3.04M
- In-place rent gap
- ~22% below market
- Reno per turned unit
- $22,000
- Rent premium / unit
- +$275 / mo
- Stabilization
- ~24 months
- Stabilized cap
- 7.1%
- Exit cap (stress)
- 6.25% (year 5)
Stress test: at exit cap of 7.0% (vs. 6.25% base), LP IRR drops to 10.6% — still above the 7–8% pref. At stabilized rent premium of $200 (vs. $275), LP IRR drops to 12.1%. We underwrite so the 75th-percentile downside still pays the pref.
Westwood public comp source: JLL Capital Markets. Dollar figures, ratios, and returns above are illustrative analysis applied to a representative 30-unit Bergen County asset at the same per-unit basis. Not an actual Green Oak transaction. Actual deals will vary. Past performance — including illustrative analysis — is not indicative of future results.
Ready to Learn More?
Explore our investment strategy and current opportunities