Parking REIT (The)

General Information
Business:

 

The Parking REIT, Inc. is a Maryland corporation formed on May 4, 2015 and intends to qualify as a real estate investment trust, or REIT, for U.S. federal income tax purposes beginning with the taxable year ending December 31, 2017. We were formed to focus primarily on investments in high-quality parking facilities, including parking lots, parking garages and other parking structures throughout the United States. We believe investments in parking real estate present a combination of benefits not seen in other sectors of the public REIT space. We believe parking is a fragmented industry that is ripe for consolidation, with 65% of parking owners only owning one parking property according to (source: United States Census, 2015 County Business Patterns, NAICS Code 812930, 2015.). Parking demand has historically been resilient to recession according to (Source: Anything Research 2013 and 2015 Premium Report on Parking Lots & Garages, 2013 & 2015.).

Industry: REAL ESTATE INVESTMENT TRUSTS
Employees: 0
Founded: 2015
Contact Information
Address 2965 S. Jones #C1-100 Las Vegas, NV 89146
Phone Number (702) 534-5577
Web Address http://www.theparkingreit.com
View Prospectus: Parking REIT (The)
Financial Information
Market Cap
Revenues $ mil (last 12 months)
Net Income $ mil (last 12 months)
IPO Profile
Symbol PARK
Exchange NASDAQ
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $100.0 mil
Manager / Joint Managers TBA
CO-Managers -
Expected To Trade:
Status: Withdrawn
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change