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0 pointshiatus2y ago0 comments

Sure, can you give examples of companies whose executives own the holding company their business leases real estate from?

0 comments

bongodongobob2y ago

It's common practice afaik, there's no secret there. I used to work for one and they are small peanuts.

Edit: Acme inc owns Acme Real Estate Co and Acme Operations Co. Operations Co leases from Real Estate Co. There's no funny business, it's just how a business might split its assets and liabilities.

hiatusOP2y ago

That's not an example of company executives personally profiting or being invested in the company's real estate though. The comment to which I replied implied that executives personally profited from the real estate.

> This doesn't happen because many C-suite people have commercial property investments

j / k navigate · click thread line to collapse

0 comments

bongodongobob2y ago

It's common practice afaik, there's no secret there. I used to work for one and they are small peanuts.

Edit: Acme inc owns Acme Real Estate Co and Acme Operations Co. Operations Co leases from Real Estate Co. There's no funny business, it's just how a business might split its assets and liabilities.

hiatusOP2y ago

> This doesn't happen because many C-suite people have commercial property investments

j / k navigate · click thread line to collapse