Yoshiharu Global Co., a restaurant company known for its ramen outlets, has secured $4.4 million from the Open Innovation Fund to begin investing in real estate.
This funding marks a strategic shift for the company. While Yoshiharu continues to operate in the food and beverage space, it plans to expand into real estate development to build a more stable, asset-backed business model.
Yoshiharu currently runs 15 restaurant locations in Southern California and Las Vegas. The leadership team sees this new investment as an opportunity to diversify income sources and reduce reliance on its core hospitality operations.
The $4.4 million will be used to support new real estate projects. The capital comes in the form of a convertible note with a 7% annual interest rate. The note matures in three years and is secured by a subordinated lien on properties acquired through the investment.
CEO Ji-Won Kim described the deal as a key part of Yoshiharu’s broader expansion strategy. By moving into real estate, the company is aiming to build a foundation for more sustainable long-term growth.
The move also reflects a broader trend of hospitality businesses exploring adjacent sectors to balance operational risk with long-term asset ownership.
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By Proptechbuzz
By Ravi Kumar