New Organization Will Facilitate and Enhance Relationships Between Institutional Investors and Real Estate Operating Companies
NEW YORK and SAN RAMON, Calif., Feb. 10, 2016 /PRNewswire/ -- Institutional Real Estate, Inc. has partnered with LongRun Advisers to launch the Institute for Real Estate Operating Companies (iREOC), which will offer a multi-faceted platform to facilitate relationships between institutional capital providers and operating companies. The membership organization will provide training and education, information and consulting, and networking events.
"The iREOC platform will provide benefits to institutional investors and their investment managers who are working with operating partners or seeking to form a partnership with an operator," says Geoffrey Dohrmann, president and CEO of Institutional Real Estate, Inc. "It's a unique value proposition that promises to improve transparency and efficiency in these operating partnerships, which should enhance the level of fiduciary care as well as increase profitability."
The products and services offered by iREOC will benefit both real estate operators seeking institutional capital partners, and institutional investors and investment managers seeking operating partners. Membership benefits include access to the Operating Partnership Information Exchange (OPIE), a patented technology platform developed by LongRun Advisers.
"OPIE is designed to effectively and efficiently manage the tri-party relationship between the real estate operating company partner and the investor/investment manager capital partner," explains Paul Phillips, managing director of LongRun Advisers. "The platform houses documents that govern all aspects of an investment relationship, and it facilitates the exchange of information among the parties and allows them to engage in collaborative decision making."
Other membership benefits include training and certification programs, invitations to membership meetings and educational seminars, and access to research and consulting services.
Full membership in iREOC is available to institutional investors, real estate investment managers and real estate operating companies. Membership initially will be limited to 50 founding members. In addition, the organization will offer a limited amount of founding associate memberships.
For more information on the programs offered by iREOC and membership in the organization, contact Kathy Norton, managing director of iREOC, at +1 312-925-3680 or [email protected], or Jonathan A. Schein, SVP, managing director of global business development at +1 212-332-7180 or [email protected].
About Institutional Real Estate, Inc.
Founded in 1987, Institutional Real Estate, Inc. is an information company that offers publications, conferences and consulting to institutional investors active in the real estate and infrastructure asset classes. For more information, visit www.irei.com.
About LongRun Advisers
LongRun Advisers is dedicated to the incubation of specialist managers in real estate. The firm's mission is to provide an efficient interface between real estate operators and institutional capital providers. For more information, visit www.longrunadvisers.com.
SOURCE Institutional Real Estate, Inc.
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