NASHVILLE, Tenn. — Parking Management Company (PMC), one of the nation’s leading parking management and hospitality companies, today announced a strategic partnership with Parking Capital Group (PCG), a newly established investment platform focused on parking real estate.
The partnership brings together two complementary organizations with distinct but aligned missions. PMC will serve as the third-party operator for every PCG-owned asset, providing operational management, technology, revenue optimization, and hospitality-driven service.
Together, the companies will pursue acquisitions and joint ventures with new and existing partners, leveraging PMC’s established operating presence and market relationships to identify and execute investment opportunities nationwide.
“Parking owners deserve a partner who understands both the operational and financial value of their assets,” said Jake Varshal, Senior Vice President of Sales at Parking Management Company. “Our partnership with Parking Capital Group allows us to offer owners even more strategic solutions while continuing to deliver the hospitality, technology, and operational excellence PMC is known for.”
Parking Capital Group was created to invest across the full spectrum of parking assets, including free-standing garages, surface lots, mixed-use parking assets, garage condominiums, long-term leasehold interests, and other parking-related real estate. The firm provides property owners with a flexible solution to monetize their parking assets via outright sales and structured transactions where they can unlock capital while preserving access to professionally managed parking operations.
“Parking is an overlooked and often misunderstood real estate asset class,” said Jonathan Siegel, Managing Principal of Parking Capital Group. “We see tremendous opportunity and look forward to working with owners who are seeking capital solutions. We’re thrilled to be partnering with a leading operator like PMC.”
PMC remains an independent company focused on delivering best-in-class parking management services across hospitality, commercial, healthcare, event, airport, and mixed-use environments. Through this partnership, PMC will continue expanding its operational footprint while adding a complementary capital solution for property owners.
Parking Capital Group officially launched operations in May 2026 and is actively pursuing acquisitions. Inquiries can be directed to acquisitions@parkingcapitalgroup.com.