Driven by Vision. Grounded in Principles.
Our Mission
Broad Oak Development is dedicated to creating exceptional communities that stand the test of time, elevate each resident’s living experience, and deliver strong risk-adjusted returns to our capital partners.
Our Vision
To be a leader in real estate development and investment, recognized for our unwavering integrity, commitment to excellence, and a people-first approach. We envision vibrant communities where residents thrive, long-term value is created, and capital partnerships flourish
Core Values
Our core values guide every decision we make and every community we build. We operate with integrity and accountability, fostering trust through transparency and consistent execution. Driven by excellence, respect, and passion, we prioritize relationships, uphold the highest standards, and bring relentless energy to creating lasting impact for our residents, partners, and stakeholders.
Integrity
We operate with honesty, transparency, and ethical decision-making, consistently building trust through reliability and accountability.
Respect
We prioritize relationships, treating everyone with professionalism, humility, and equality.
Excellence
We uphold the highest standards, continuously refining our approach to develop best-in-class communities that generate strong investment returns.
Accountability
We take full ownership of our commitments, ensuring disciplined execution and unwavering responsibility.
Passion
We bring energy, creativity, and dedication to every endeavor, driven by a desire to continuously improve and create a positive impact.
Trust
We foster trust through transparency, dependability, and an unwavering commitment to doing what is right for our team, investors, and communities.
Managing Partner
Erik Halverson
Managing Partner
Erik focuses on corporate strategy and leads Broad Oak’s development team. He provides oversight, and is responsible for sourcing, capitalizing, and delivering new multifamily and mixed-use communities. Erik has been instrumental in the development of over 3,200 multifamily units and more than 60,000 square feet of supporting retail and commercial space.
Prior to Broad Oak’s predecessor company, OneEleven Residential, Erik served as Vice President & Development Partner at Jefferson Apartment Group. He began his multifamily development career at Picerne Real Estate Group after first gaining experience in the construction industry.
Erik holds a Bachelor of Science in Finance from the University of Central Florida and an MBA from the Crummer Graduate School of Business at Rollins College.