Virtual Workshop: Structuring an OpCo/PropCo Business

Wednesday, Nov. 18, 2026 
Noon-2 p.m. ET 
Live on Zoom; recording sent to all registered attendees. 

Price: $299 

This two-hour interactive workshop is designed for real estate operators, entrepreneurs and investors looking to structure or invest in OpCo/PropCo platforms – partnerships which separate property ownership from business operations. You’ll leave with a sharper lens for evaluating and executing these structures, whether you’re launching a platform, investing in one, or advising a founder. 

Hosted by:  Paul Stanton, partner, Thesis Driven 

Register 

You’ll learn how to:

• Understand the OpCo/PropCo model: How and why companies separate real estate from operations
• Structure OpCo/PropCo capital stacks: Mapping investor profiles, deal terms and governance structures
• Evaluate case studies of successful platforms: Learning from hospitality, logistics, housing and niche real estate sectors
• Develop a GTM strategy: Walking through real-world investor conversations

What the workshop covers:

1. The Game of OpCo/PropCo
   • A new breed of real estate entrepreneur 
   • Enhancing unlevered yields through operational excellence 
   • Blending old-school models with new-school innovation 
2. Capital Stacks and Deal Structures
   • Raising OpCo growth capital vs. PropCo real estate capital 
   • Structuring leasebacks, joint ventures and hybrid agreements 
   • Understanding what different investors want in each part of the stack 
3. Case Studies in Action
   • FlexHouse Offices – Creating a flexible office operating company using PropCo partnerships, then launching new PropCo 
   • NewPath Homes – Launching an SFR platform through an OpCo/PropCo structure with HNWIs and a family office 
   • Restored Hotels – Forming a co-GP partnership to build a niche hotel brand and portfolio 
4. OpCo/PropCo Agreements, Term Sheets and Real-world Structures
   • JV agreements between operators and capital partners
   • Hybrid management structures with third-party operators
   • Seed investments and development partnerships
5. Live Workshop: Structuring Your Own OpCo/PropCo 
   • Map out your platform’s growth and real estate needs 
   • Define investor alignment and capital strategies 
   • Receive peer feedback on your structure and pitch 

About the Host

Paul Stanton is a partner at Thesis Driven and a partner at PTB, a real estate investment banking boutique, and focuses on the intersection of capital markets, media and alternative real estate. He has funded over $1B of real estate projects and platforms and acquired and asset-managed over 8 million square feet of office, industrial and multifamily assets in the U.S.