Oklahoma City acquisition strengthens firm’s value-add strategy and commitment to attainable workforce housing
FAYETTEVILLE, Ark. — July 19, 2025 — Caisson Capital Partners, a real estate investment firm focused on attainable housing in heartland markets, has acquired Arden Walnut Creek, a 104-unit garden-style multifamily community in northwest Oklahoma City.
The acquisition aligns with Caisson’s mission to enhance housing quality in high-opportunity neighborhoods with limited new supply. Originally built as condominiums in 1986, Arden Walnut Creek features spacious, condo-style units with vaulted ceilings, in-unit washer/dryer hookups and flexible layouts — ideal for today’s workforce renters.
“Arden Walnut Creek exemplifies the attainable, well-located housing we aim to preserve and improve across our heartland multifamily portfolio,” said David Friedland, partner and head of acquisitions at Caisson. “Our value-add strategy focuses on bringing consistency, quality and affordability to properties with strong fundamentals and a clear path to long-term value.”
Located in one of Oklahoma City’s most desirable and supply-constrained submarkets, the property benefits from proximity to major employers including Paycom, Mercy Hospital and Integris Baptist Medical Center. The area’s strong household incomes and limited new development make it an attractive market for attainable housing that blends affordability with quality.
Caisson plans to implement a comprehensive renovation program that will include in-unit washer/dryers, premium interior upgrades, property-wide gigabit Wi-Fi, and enhanced landscaping and signage. Select two-bedroom units will be converted to three-bedrooms to meet local demand. These upgrades aim to attract upwardly mobile renters seeking functional, high-quality housing at approachable price points.
“Our institutional discipline and deep local knowledge allow us to identify compelling value-add multifamily opportunities in strong employment corridors,” said Bo Diamond, managing partner at Caisson Capital Partners. “Arden Walnut Creek reflects our mission to create housing solutions that serve both residents and investors.”
The acquisition was financed with a five-year, full-term interest-only, fixed-rate loan at 6.80%, providing rate stability and prepayment flexibility. Caisson’s business plan targets a five-year hold period with a projected investor IRR of 14.6% and an average cash yield of 6.8%.
With Arden Walnut Creek, Caisson continues to expand its footprint in the Oklahoma City multifamily market, building on recent acquisitions in Edmond, Oklahoma, and Little Rock, Arkansas, as part of a broader strategy to deliver institutional-quality results in high-growth, middle-America metros.
About Caisson Capital Partners
Caisson Capital Partners is a Northwest Arkansas-based real estate investment and development firm dedicated to attainable housing in heartland markets. Combining global institutional expertise with a commitment to improving communities, Caisson invests in high-quality properties near exceptional workforce employment drivers to create value for both residents and investors.
For more information, visit www.caissoncap.com.