
TAP Real Estate Technologies Acquires 2% Stake in Alpenhaus, Signs Tech Services Deal
TAP Real Estate Technologies, Inc. announced two significant agreements: a Subscription Agreement and a Technology Services Agreement with Alpenhaus Resort, LLC. Through the Subscription Agreement, TAP Real Estate transferred its option to purchase the Zermatt Resort to Alpenhaus in exchange for a 2% equity interest in Alpenhaus. Concurrently, Alpenhaus acquired the Zermatt Resort. The Technology Services Agreement appoints TAP Real Estate as the exclusive provider of digital infrastructure and strategic technology services to the Zermatt Resort, including access to TAP's real estate technology platform, for which Alpenhaus will pay $60,000 upfront and $6,000 monthly. TAP also secured exclusive rights for any tokenization services related to the resort.
Key Highlights
- TAP Real Estate Technologies acquired a 2% equity interest in Alpenhaus Resort, LLC.
- TAP Real Estate Technologies entered into a Technology Services Agreement with Alpenhaus Resort, LLC.
- Alpenhaus Resort, LLC purchased the Zermatt Resort from Wasatch Springs Management Holdings, LLC.
- Alpenhaus will pay TAP Real Estate Technologies a $60,000 upfront fee and $6,000 monthly for technology services.
- TAP Real Estate Technologies secured exclusive rights for tokenization services related to the Zermatt Resort.
Price Impact
More from RWAX