Basin Street Properties, a prominent northern Nevada and northern California real estate investment, development, and management firm, is pleased to announce that it will now offer brokers the option to receive bonuses and commissions in cryptocurrency.

Basin Street Properties will be amongst the first real estate development and operating companies to offer cryptocurrency bonuses as alternative payment. In the spirit of innovation and being solution oriented, Basin Street Properties strives to leverage the disruptive trends in the market today and provide another tool to engage brokers and differentiate from our competition. Cryptocurrency will be an additional payment option, not a replacement.

“We constantly look for new ways to gain efficiency and improve how we function as a business partner,” said Scott Stranzl, Chief Portfolio Officer for Basin Street Properties. “Our brokers are essential in helping our tenants find the right office solution for their business and providing an option to pay brokers in crypto is another way to be accommodating, innovative and a good business partner.”

As cryptocurrency becomes more mainstream, Basin Street Properties aims to be at the forefront of commercial real estate in supporting this alternative payment method. The security, privacy, and simplicity of cryptocurrencies are compelling features that drive its popularity. Brokers will have the option to receive payment in the cryptocurrency of their choice through Binance, the largest cryptocurrency exchange in the world.

“Being an innovative company is essential in today’s business environment,” said Stranzl.  “Across all facets of our business we seek opportunities to improve and advance. Not all new technologies will stick, but we are open to testing, so we learn and ultimately find a better way.”

ABOUT BASIN STREET PROPERTIES

Basin Street Properties, established in Petaluma in 1974, is one of Northern California’s and Northern Nevada’s most prominent developers, investors and managers of commercial properties. The company owns and manages over 5 million square feet of Class A office space. Basin Street is widely recognized for its office, retail, hospitality, multi-family and mixed-use developments. The company offers a broad range of real estate services, including development, property management, construction management, financial and asset management, and property acquisition and disposition. For more information, visit basin-street.com or contact Mike Williams, 775-954-2821, mwilliams@basin-street.com.