Historical revision — this record as it stood on 23 August 2026, not the current version. View the current record →
Investment VehiclesIndex
This category covers the Direct-Hold Solution structure, its legal form in each jurisdiction, and the exemptions under which units are distributed.
Start here: Direct-Hold Framework
The direct-hold structure
The direct-hold legal structure and how it compares with other vehicle types.
- Direct-hold framework — A legal structure that issues equity units in a single named direct-hold vehicle, not a share in a commingled pool, eliminating cross-asset contagion.
- Investment units — The equity units issued by each direct-hold vehicle in MCorp's Direct-Hold framework.
- Asset vehicle isolation — The legal and structural mechanisms through which each direct-hold solution is isolated as a separate vehicle: why creditors of one asset cannot reach assets held in another, and how this isolation protects unit holders.
- Direct-hold solutions structural comparison — Feature-by-feature comparison of the Direct-Hold Solutions with Legacy Joint Ventures, Private Equity funds, and Traditional REITs across twelve governance dimensions.
Legal form and jurisdiction
The legal form used in each of the four jurisdictions.
- Limited partnership structure — How the limited partnership legal form implements the direct-hold investment structure: the GP-LP relationship, limited liability, unitholders as limited partners, and the partnership agreement as the governing instrument.
- Four-jurisdiction framework — Deployment framework for the Direct-Hold Solutions across Canada, the United States, Spain, and Mexico, each using the flow-through vehicle mandated by local securities law.
- Professional Centres Canada LP — Direct-Hold Solution Structure — The legal and operating structure of Professional Centres Canada LP at the limited-partnership level — the advisory agreement, escrowed promoter equity, unit history, regulatory standing, and settlement mechanics — distinct from the corporate-parent and four-jurisdiction overview articles.
Eligibility and distribution channels
Who may subscribe, and through which channel.
- Exemptions — Prospectus exemptions relied upon in each jurisdiction's offering: the accredited investor exemption and the parallel prospectus channel.
- Accredited investor eligibility — The accredited investor exemption as a distribution channel for direct-hold limited partnership units.