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

Constant Contact

October 2014
Thursday, September 25, 2014
BY AMY MILSHTEIN

To prevent burnout, companies are banning email and after-hours communications. But is the 24-hour workday here to stay?


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...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Knight Vision

October 2014
Thursday, September 25, 2014
BY VIVIAN MCINERNY

Travis Knight wants to release a movie a year. Can he pull it off?


Read more...

November/December Preview: Revenge Forestry

News
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG

Seneca AW46A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.


Read more...

Semiconductor purgatory

News
Monday, October 06, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Intel's manufacturing way station; Merkley's attack dog; Diamond Foods gets into the innovation business.


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