![]() We believe that this, added to tokenizing third-party assets as a service, will revolutionize real estate capital markets.” “We want to be right in the middle of that industry. “There will clearly be some very exciting opportunities for arbitrage between the private real estate market and the market driven by tokenization,” Brito said. The acquisition is a part of Metrospaces’ strategic plan to secure assets with high liquidity positions in high growth markets such as Texas and Florida. ![]() “We believe once our platform is fully launched, we can not only provide exceptional liquidity opportunities for third-party clients, but we will also be able to utilize the platform as principals, bringing additional liquidity to the Metrospaces balance sheet as we continue to acquire and improve commercial assets,” said Brito. Metrospaces CEO Oscar Brito and Laplana see exceptional growth opportunities through the tokenization platform. The tokenization platform is expected to launch later this year. “The Brazos Atrium project is an exciting potential case-study for the tokenization platform we’ve designed for Metrospaces,” explained Shokworks CEO Alejandro Laplana. Additionally, the acquisition will turn Metrospaces EBITDA-positive. The building was acquired at a 12% capitalization rate and represents significant potential upside due to the possibility to adjust rentroll to market-level rates. Located in a burgeoning area of Houston adjacent to Spring at 3303 FM 1960, the Brazos Atrium building is a Class-B space with a current occupancy rate of approximately 99%, made up predominantly of small businesses and nonprofits. (OTC: MSPC), a PropTech company powered by Shokworks, has acquired a 50.6% equity stake in a 60,295 square-foot Houston, Texas, office building as a component in the company’s plans to revolutionize tokenized real estate opportunities through its new blockchain-fueled platform. That shouldn’t get any more difficult by opening up the single-digit numbers for more positions.NEW YORK-( BUSINESS WIRE)- Metrospaces, Inc. Really the only reason these jersey restrictions are in place is to help the officials know who is and who isn’t an eligible receiver. The newly proposed changes from Kansas City would solve this issue for the Chiefs and for any other team that has a lot of retired jerseys. They also had a ton of receivers on the practice squad in 2020, which probably made things difficult. 20-49 at the linebacker, running back and defensive back positions. They could be among the key supporters of this newly proposed rule. The jersey number logjam for the Chiefs probably came because of the overlap of Nos. Teams like the Giants and the Bears, who each have 14 retired jersey numbers also likely had some problems last season. If the team didn’t have the right combination of players at the right positions, running out of jersey numbers is entirely feasible. Then you’ve got to account for the 53-man roster and suddenly you have 80 jersey numbers to account for. The NFL expanded practice squads to 16 players in 2020 due to COVID-19 and it sounds like that change is sticking around. The Chiefs have 10 retired jerseys and one that is unofficially retired in Joe Delaney’s No. ![]() The Chiefs' retired numbers + expanded practice squads led to KC running out at one point last year. I was told GM Brett Veach was really the driving force behind this proposal. Why is he so gung-ho on expanding the use of single-digit numbers, though? At one point last season, Kansas City ran out of jersey numbers that they could use per Breer. Right now, single-digit numbers are reserved for only quarterbacks, punters and kickers, which make up a very small portion of the team.Īccording to the MMQB’s Albert Breer, Chiefs general manager Brett Veach is actually the driving force behind the team’s recent proposal. It would loosen the restrictions on single-digit jersey numbers to allow running backs, wide receivers, tight ends, fullbacks, linebackers and defensive backs to wear them. The proposal by Kansas City is pretty simple. Some more details on the recent jersey number rules change proposal submitted by the Kansas City Chiefs have emerged.
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