STORE Capital Corporation (NYSE: STOR) was founded in 2011, formerly known as STORE Capital, headquartered in Scottsdale, Arizona, USA, with 70 full-time employees. It is a REIS company that mainly invests in single-tenant properties. In June 2017, Store Capital Sold 18.6 million shares to National Indeminty, a subsidiary of Buffett ’s Berkshire Hathaway , at a price of $20.25 per share, holding a 9.8% stake in the real estate investment trust.
STORE Capital Corporation (STOR):
S|T|O|R|E Capital is already one of the largest and fastest-growing net lease REITs in the United States. It was co-founded in 2011 by five managers who cooperated in different identities in other organizations (companies). Christopher Volk, Catherine Long, Mary Fedewa, Michael Bennett and Michael Zieg brought together their collective investment, accounting, legal, and real estate experience to form S|T|O|R|E Capital in Scottsdale, Arizona, Committed to providing value-creating real estate leasing solutions, and establishing long-term relationships with each customer.
S|T|O|R|E Capital has provided clients with more than $14 billion in real estate mortgage and leasing solutions in the United States. The company’s senior leadership team has 30 years of experience in single-tenant real estate investment. Mort Fleischer, Chairman of the Non-Executive Board of S|T|O|R|E Capital (Honorary Founder of STORE) was the first in the 1980s to introduce capital into the fast-growing chain restaurant industry through sale-leaseback transactions Industry pioneer. Mort also completed the listing of the largest real estate limited partnership in the United States on NYSE in 1994 with Chris and Cathy. Subsequently, several of them founded Spirit Finance Corporation and successfully IPO.
STORE Capital is a privately-owned real estate investment trust fund. The company mainly invests in the real estate market of single-tenant properties, including chain restaurants, supermarkets, drugstores, and other retail, service and distribution-related facilities.
In 2014, STORE Capital Corporation IPO was listed on the New York Stock Exchange.