real estate operating company

Also found in: Acronyms.

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.

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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.
As a vertically integrated real estate operating company, Branch has the in-house expertise to source, negotiate, acquire, develop, finance, lease and manage neighborhood shopping center investments.
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.
Intercontinental Real Estate Corporation is an SEC registered investment adviser and real estate operating company with expertise in real estate investment, development, construction management and asset management.
"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.
It has grown from a real estate auction business into a vertically integrated real estate operating company with approximately 300 professionals in 23 offices throughout the United States, United Kingdom, Ireland and Japan.
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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