Our legacy began with real estate
Stewart Bainum, Sr.’s original focus was real estate development–residential, hospitality, healthcare, and storage. He soon adapted to owning and operating these assets, growing them into large portfolios for more efficient management and leverage. The family’s investments are built upon expertise gained over decades.
We seek to:
- Compound consistent returns
- Focus where we have expertise
- Capitalize on trends in the market
Park Silver Development
A developer of extended-stay hotels nationwide, focused on the WoodSpring Suites brand. Park Silver is a wholly-owned division of White Oak Enterprises, leveraging the team’s development and hospitality acumen.
Park Silver is the new construction hotel development division of White Oak Enterprises and the latest chapter of the Bainum family’s long history in hospitality development. The name Park Silver is a tribute to the first hotel property Stewart Bainum, Sr., developed: a 26-room motel on Georgia Ave in Silver Spring, Maryland, that opened in 1957. Today, Park Silver develops and operates extended stay hotels, primarily the WoodSpring Suites brand.
The Park Silver team is currently evaluating development opportunities nationwide, particularly in markets with significant business growth, infrastructure spending, and general economic activity. The group currently owns two operating WoodSpring Suites (one in Orlando, FL, and one in Asheville, NC) and has broken ground on a third project in Wilmington, DE.
Park Silver is led by Pam Williams and Chris Milke, both experienced real estate developers and hoteliers who have worked with Stewart Bainum, Sr., and Stewart Bainum, Jr., in their careers.
Leadership
Pam Williams
President
Chris Milke
Vice President, Development and Asset Management
Sunburst Hospitality Corporation
An owner and operator of hotels, including Comfort Inn, Quality Inn, and Clarion brands. Originally spun out of Choice Hotels and taken private by the Bainums, Sunburst is currently a wholly-owned division of White Oak Enterprises.
Sunburst Hospitality Corporation is an owner and operator of hotels. Over the course of its history, Sunburst has developed hotel assets, residential real estate, and golf projects. With roots in the early days of the Bainum family’s business initiatives, Sunburst at one point owned and managed over 90 hotels across the United States. The company was created in the late 1990s when Choice Hotels International spun off its owned real estate to serve solely as a franchisor. The Bainum family subsequently acquired all the stock in Sunburst and took it private.
Today, Sunburst operates several brands offered by Choice Hotels, including Comfort Inn, Clarion, Quality Inn, and Suburban Studios. Sunburst is led by Pam Williams and Chris Milke, two experienced real estate developers and hoteliers who have both worked with Stewart Bainum, Sr., and Stewart Bainum, Jr., in their careers.
Leadership
Pam Williams
President
Chris Milke
Vice President, Development and Asset Management
Peaceable Street Capital
A provider of preferred equity capital for most types of income- producing real estate assets. White Oak Enterprises was a founding capital partner of Peaceable and remains a close partner to the firm.
Peaceable Street Capital is a specialty finance platform led by a seasoned management team providing preferred equity to capitalize income-producing commercial real estate assets located throughout the United States and Canada. The company funds up to two-thirds of the equity needed on a senior basis to owners/operators looking to acquire, refinance, and upgrade their properties.
The firm provides equity capital for most types of income-producing real estate, including apartments, shopping centers, self-storage, mobile home parks, industrial buildings, hotels, office projects, and RV parks. The Peaceable team has decades of experience structuring participating loans and preferred-equity investments and benefits from many repeat customers and longstanding relationships.
White Oak Enterprises was a founding capital partner and remains committed to the firm.
Leadership