PATHING PBC will be holding company formed as a Public Benefit Corporation that acquires properties to lease to the Occupy/Accrue Housing Cooperative Network. This company will act as a financial intermediary that attracts investors to raise capital to buy all underlying assets in the housing network. The housing cooperative will purchase Class B Shares of the PBC which entitles the cooperative to non-dividend ownership stake of the holding company.
PATHING PBC will raise investment capital, acquire properties, maintain all debt payments for the assets in the network, and pursue business strategies grow and strengthen the size and scope of the network.
The Occupy/Accrue Network Housing Cooperative will build a vibrant community of like minded folks who are tired of just renting and want to build economic value with their share accounts.