LOS ANGELES--(BUSINESS WIRE)--Aug 18, 2026--
O’Hara’s Son Roofing (“OSR”) today announced the appointment of Jake Hyatt as Chief Executive Officer, succeeding Luke Coleman, who will transition to Executive Chairman and remain actively involved in the company’s strategic direction, M&A initiatives, and key customer and supplier relationships. The leadership transition marks the next phase of OSR’s growth following significant expansion of its national commercial roofing platform.
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Hyatt joins OSR after having most recently served as Chief Executive Officer of Nations Roof, a private equity–backed commercial roofing platform. Hyatt brings more than 30 years of experience in commercial roofing and construction services, including leadership roles scaling multi-market operations, integrating acquisitions, and accelerating organizational growth – establishing a track record as a trusted partner to stakeholders across the full investment lifecycle.
Since Angeles Equity Partners acquired OSR in May 2024, the company has expanded its national footprint and capabilities by acquiring Starkweather Roofing, Total Systems Roofing, and CP Rankin. Organic growth initiatives have added recurring revenue through multi-year maintenance agreements and large-scale reroofing projects. OSR is ranked the seventh-largest commercial roofer in Roofing Contractor magazine's 2026 Top 100 Roofing Contractors list, up from number 11 in 2024.
“Over the past two years, the OSR team, together with Angeles, has transformed the company into one of the largest and fastest-growing commercial roofing platforms in the country. I am proud of what this team has accomplished and excited to continue contributing to our success,” said Luke Coleman, Executive Chair of O’Hara’s Son Roofing. “Jake is the right person to lead OSR into its next chapter of growth. He has built and scaled a platform of similar complexity, and he shares our commitment to safety and operational excellence. I look forward to partnering with Jake to realize the full potential of our business.”
“OSR has built a strong foundation and a platform with real momentum,” said Jake Hyatt, CEO of O’Hara’s Son Roofing . “Our goal is to continue investing in our people and safety, expanding our capabilities, increasing our reroofing and maintenance services, and pursuing disciplined M&A with a relentless focus on our customers.”
“Luke has played a critical role in transforming OSR and overseeing its rapid growth. We are excited that he will continue to be deeply involved as Executive Chairman,” said Angeles Managing Director Sam Heischuber and Operating Partner Adam Lerner. “Jake brings extensive experience leading and scaling multi-market roofing businesses, and his track record makes him exceptionally well suited to lead OSR through its next growth phase.”
About O’Hara’s Son Roofing
Headquartered in Chicago, O’Hara’s Son Roofing is a leading national commercial roofing contractor specializing in roof installation, repair, and maintenance solutions serving commercial, industrial, and other large-scale facilities nationwide. OSR was recently ranked the seventh-largest commercial roofer in Roofing Contractor magazine’s Top 100 Roofing Contractors of 2026. With a focus on operational excellence, safety, and customer satisfaction, the company partners with facility owners and managers to deliver durable, high-performing roofing systems. For more information on OSR’s offerings, visit www.oharasson.com.
About Angeles Equity Partners, LLC
Angeles Equity Partners, LLC is a Los Angeles-based specialist private investment firm that partners with niche manufacturing, critical industrial services, and specialty distribution businesses in order to realize their full potential. Angeles’ expertise in operational transformation and strategic repositioning drives the firm’s investment philosophy. Learn more online at www.angelesequity.com.
O'Hara's Son Roofing CEO Jake Hyatt
NEW YORK--(BUSINESS WIRE)--Aug 18, 2026--
Franklin Templeton and its real estate investment manager Clarion Partners are today announcing Clarion Partners Real Estate Income Fund Inc.’s (NASDAQ: CPREX) acquisition of four industrial outdoor storage (IOS) properties totaling approximately 26 acres and 219,000 square feet across four major U.S. markets: Central New Jersey, Houston, Dallas-Fort Worth and Atlanta. The acquisitions further expand the Fund’s strategic allocation to the growing IOS sector.
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The acquisitions reflect Clarion’s conviction in IOS as a critical component of the U.S. industrial real estate landscape. IOS properties support a broad range of users, including contractors, equipment rental companies, manufacturers, transportation providers and other businesses that require outdoor storage, vehicle parking, equipment staging and access to industrial facilities. The sub-sector benefits from limited availability of industrial sites with sufficient yard space, particularly in infill locations near major transportation infrastructure.
“This latest group of acquisitions reflects our continued focus on diversifying the Fund across property types, markets and demand drivers to enhance its risk-adjusted performance potential,” said Portfolio Manager and Managing Director Brent Jenkins. “We believe adding well-located IOS assets in diversified markets strengthens the portfolio’s ability to generate durable income and long-term appreciation.”
The investments span markets with diverse but complementary demand drivers. Houston benefits from its energy-intensive manufacturing base, the Port of Houston and continued investment in industrial and manufacturing infrastructure. Dallas-Fort Worth continues to experience strong population and employment growth, while Atlanta serves as a major Southeast freight hub. In Central New Jersey, IOS demand is supported by proximity to the New York metropolitan population center and the Port of New York and New Jersey, combined with significant barriers to new supply.
“These acquisitions demonstrate Clarion’s continued focus on building a diversified IOS portfolio in markets where transportation connectivity, population growth and constrained supply can support long-term demand,” said Managing Director and transaction lead Adam Wheeler. “We believe IOS represents an attractive opportunity within the broader industrial sector, particularly for well-located properties that serve essential operating needs.”
About Clarion Partners
Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 40 years. Headquartered in New York, the firm maintains strategically located offices across the United States and Europe. With over $73.3 billion in total real estate and debt assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to 500 institutional investors across the globe. Clarion is scaled in all major property types and was an early entrant into the Industrial sector. The Firm’s global industrial team manages a 930+ property portfolio in the U.S. and Europe consisting of more than 249 million square feet as of March 31, 2026.
For more information visit www.clarionpartners.com and follow us on LinkedIn and YouTube.
About Franklin Templeton
Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity.
With approximately $1.8 trillion in assets under management as of July 31, 2026, Franklin Templeton operates globally in more than 35 countries.
To learn more, visit franklintempleton.com and follow us on LinkedIn.
Characteristics and holdings weightings are based on total portfolio, are subject to change at any time, and are provided for informational purposes only. Not to be construed as a recommendation to purchase or sell any security. There can be no assurance that any unrealized investment described herein will prove to be profitable. Please refer to the important disclosures at the end of this presentation.
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Before investing, carefully consider a Fund's investment objectives, risks, charges and expenses. You can find this and other information in each prospectus or summary prospectus, if available, at www.franklintempleton.com. Please read it carefully.
Any information, statement or opinion set forth herein is general in nature, is not directed to or based on the financial situation or needs of any particular investor, and does not constitute, and should not be construed as, investment advice, forecast of future events, a guarantee of future results, or a recommendation with respect to any particular security or investment strategy or type of retirement account. Investors seeking financial advice regarding the appropriateness of investing in any securities or investment strategies should consult their financial professional. INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE © 2026 Franklin Distributors, LLC, member FINRA/SIPC. Franklin Distributors, LLC, and Clarion Partners, LLC are all subsidiaries of Franklin Resources, Inc.
Property image: 6500 Brittmoore, a ~12-acre, 140,200 sq. ft. crane-served campus located in Houston, TX, fully leased to a leading energy technology company.
