AIC Ventures
Industry | Real Estate |
---|---|
Founded | March 1990 |
Founder | Paul M. Robshaw |
Headquarters | Austin, Texas, United States |
Website |
www |
AIC Ventures [1] is a United States Private Real Estate Investment Trust and one of the first companies to popularize the sale leaseback model back in the early 1990s, that many firms have since adopted.[2] The firm has acquired approximately 200 properties in 33 states totaling over $1.5 billion in transactions.[3] AIC Ventures is headquartered in Austin, with offices in Dallas and Chicago.[4]
History
The Company was founded in 1990 by real estate and land developer Paul M. Robshaw, who owned one of the largest real estate brokerage/investment firms in Western New York.[5] Paul continues to operate as Chairman and Managing Partner.
Business Model
AIC Ventures[6] manages a series of real estate private equity funds[7] and provides capital to owners/users of real estate, by purchasing their property and leasing it back to them.[8] The firm claims a no re-trade policy, all cash closing, and no loan or appraisal contingencies as their unique selling points.[9][10]
References
- ↑ "AIC Ventures Seeks $300 Million in Real Estate Acquisitions." Streetinsider.com. N.p., 10 June 2015. Web. 7 July 2015. <http%3A%2F%2Fwww.streetinsider.com%2FPress%2BReleases%2FAIC%2BVentures%2BSeeks%2B%24300%2BMillion%2Bin%2BReal%2BEstate%2BAcquisitions%2F10639867.html>.
- ↑ "AIC Ventures Company Profile." www.zoominfo.com/. N.p., n.d. Web. 7 July 2015. <http://www.zoominfo.com/s/#!search/profile/company?companyId=2657070&targetid=profile.
- ↑ "AIC Ventures LP Private Company." Bloomberg. Bloomberg Business, n.d. Web. 7 July 2015. <http://www.bloomberg.com/profiles/companies/0675252D:US-aic-ventures-lp>.
- ↑ http://www.aicventures.com/about-aic-ventures/
- ↑ "Executive Profile Paul M. Robshaw." Bloomberg. Bloomberg Business, n.d. Web. 7 July 2015. <http://www.bloomberg.com/research/stocks/private/person.asp?personId=7505956&privcapId=4579403>.
- ↑ Graham, David. "Sale-Leaseback Sticker Shock." WSJ. The Wall Street Journal, 15 July 2009. Web. 07 July 2015. <http://www.wsj.com/articles/SB124762141317742659>.
- ↑ http://www.bizjournals.com/austin/blog/real-estate/2013/03/aic-ventures-buys-virginia-industrial.html
- ↑ "Company Profile AIC Ventures." The Business Journal. ACBJ, 20 Feb. 2015. Web. 7 July 2015.<http://www.bizjournals.com/profiles/company/us/tx/austin/aic_ventures/3337760>.
- ↑ http://www.investopedia.com/terms/l/leaseback.asp
- ↑ http://www.nytimes.com/2012/08/02/business/smallbusiness/for-small-businesses-bank-loan-alternatives.html