Home Must Reads McMenamins turns to outside investors

McMenamins turns to outside investors

| Print |  Email
Must Reads
Thursday, April 03, 2014

Portland's McMenamins Inc. hopes to raise $8 million in equity to fund its latest project.

It's a first for the proprietors of Portland’s wildly popular McMenamins Inc. network of hotels, pubs, breweries and entertainment venues. On Tuesday, a development arm filed paperwork with theU.S. Securities and Exchange Commissionto raise $8 million in equity to fund its latest undertaking, the Anderson School project in Bothell, an affluent suburb on Seattle’s eastside.

In Bothell, McMenamins will convert a former middle school into a hotel, restaurant, brewery, event and soaking pool-fueled visitor destination. The project echoes the Kennedyproject, but is larger in scale and has the potential to become one of the company’s biggest-grossing operations.

McMenamins is organizing its own crowdfunding campaign to target accredited investors — those with $1 million or more net worth and $200,000 or more in annual income, per SEC rules.

Read more at Portland Business Journal

 

More Articles

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

Report Card

September 2014
Tuesday, August 26, 2014

Strong public schools shore up the economy, survey respondents say. But local schools demonstrate lackluster performance.


Read more...

Managing family assets: The importance of planning ahead

News
Friday, August 22, 2014
Unknown-1BY CLIFF HOCKLEY |  OB GUEST CONTRIBUTOR

When business intersects with family, a host of  situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

Green Endeavor cleans up

News
Wednesday, August 06, 2014
080614 ULnew greenendeavorBY LINDA BAKER | OB EDITOR

Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.


Read more...

Powerlist: Colleges and Universities

September 2014
Wednesday, August 27, 2014
BY KIM MOORE

A conversation about higher education with the presidents of the University of Oregon and Clackamas Community College, followed by September's powerlist.


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS