The OpCo/PropCo Structure: Why Now? | Nine Four Ventures
‘In a typical OpCo/PropCo structure, a company is divided into two parts: a ‘PropCo’ that owns real estate assets, that are then operated by an underlying operating business, the ‘OpCo’. Historically the OpCo pays market rent to the PropCo and operates those assets under the OpCo business model.’
Stay Alfred Makes Business Journal’s 2019 Middle Market Fast 50 List | Newswire
‘Stay Alfred, the alternative accommodations pioneer and largest provider of travel apartments, recently ranked #21 on the 2019 Middle Market Fast 50 List as published by the Puget Sound Business Journal.’
WeWork’s Long-Anticipated IPO Could Happen In September | Bisnow
‘Earlier this month, Reuters reported that WeWork was trying to raise as much as $4B, but Bloomberg reported Tuesday the company’s target is a $3.5B raise. The funds raised by such a debt offering, which would be separate from an IPO, could grow to as much as $10B in a few years. WeWork has been in talks with JP Morgan and Goldman Sachs about the debt offering.’
No Matter the Property Type, It Pays to Invest in Energy Efficiency | Commercial Property Executive
‘It’s not easy to remain a champion of sustainability when dealing with the everyday challenges of real estate development. But by devoting the time and resources necessary to implement an energy efficiency strategy that is optimized by property type, you’re guaranteed to see a positive impact on your bottom line.’
Property Managers Tackle the PropTech Challenge | National Real Estate Investor
‘…proptech is exploding. That $12 billion in annual venture capital has taken the industry from a field of roughly 50 or 60 players four years ago to more than 3,000 currently in the MIT database. Keeping up with that torrent of change itself is a massive undertaking.’
