real estate operating company

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real estate operating company (REOC)

A publicly traded company that specializes in real estate investments but does not meet the strict requirements to be a REIT, particularly the requirement to pay at least 90 percent of net income out to investors. As a result of the ability to retain funds, REOCs can invest in expansion opportunities.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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A full-service real estate operating company and a Maryland corporation, VEREIT owns and manages a large portfolio of single-tenant commercial properties in the US.
North Carolina, US-based real estate operating company Ginkgo Residential has acquired North Carolina, US 16.51-acre apartment community Willowdaile Apartments to expand presence in Durham, North Carolina market, the company said.
The property is being built by a joint venture between SNK Realty, a full-service, integrated real estate operating company, and MacFarlane Partners, a real estate investment manager specializing in urban properties and other high-yielding assets.
Prescott Group is comprised of Prescott Advisors, a registered investment advisor; Dyck O'Neal Inc., a nationwide purchaser and manager of real estate loans, and Prescott Realty Group, a full service real estate operating company, specialising in office, mixed-use, transit-oriented developments and residential projects.
Florida-based real estate operating company Consolidated-Tomoka Land Co.
"This joint venture combines the vigor of a flourishing, entrepreneurial real estate operating company with the strengths of a successful global institutional investor," said John Frandson, managing director-portfolio management, Principal Real Estate Investors.
21 November 2016 - Florida-based real estate operating company Consolidated-Tomoka Land Co.
US-based commercial real estate assets manager Broe Real Estate Group and California based real estate operating company Greenlaw Partners have sold Tempe 10/60 Corporate Center in Tempe, Arizona, to an affiliate of North Dakota-based real estate development company Paces Lodging for USD 14.25m, the companies said.
Theatreplex Entertainment Properties, Inc., a real estate operating company specializing in the ownership of free-standing movie theater properties and theater-anchored retail centers, has announced that Northwestern Mutual Life Insurance Company has taken a significant equity stake in the company.

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