lease fund

(redirected from Lease Funds)

Lease Fund

A mutual fund that invests predominantly or exclusively on the receivables from lease agreements. Because there is little or no secondary market for leases, the fund must directly purchase the leases in the fund. A lease fund operates much like a bond fund, but with shorter maturities for the underlying assets.

lease fund

An investment company that invests the shareholders' money in lease obligations. A lease fund is very similar to a bond fund except that the maturities of its investments are shorter. Because leases do not have an active secondary market, the fund manager must secure outside agreements to buy the leases in case the shareholders redeem their shares.
References in periodicals archive ?
5 million from the state's Oil and Gas Lease Fund (OGLF) as operational budget monies for the Department of Conservation and Natural Resources (DCNR), the largest replacement of general funds with oil and gas lease funds in the DCNR budget to date.
Boulder Net Lease Funds, LLC, a leading national investor in net leased properties, announced today that it acquired a single tenant industrial building in Grand Prairie, Texas net leased to L-3 Communications (NYSE: LLL).
provides proof of funds and lease funds for a minimum of $10 million to $50 billion plus.
We are excited to be entering the Texas market with this purchase and look forward to acquiring more Texas assets in the near future," says Randy Blankstein, President of Boulder Net Lease Funds, LLC.
announced today that on August 12, 2005, Quad City Bank and Trust Company, a wholly-owned bank subsidiary of the Company, entered into a Unit Purchase Agreement with John Engelbrecht, the President and Chief Executive Officer of M2 Lease Funds LLC ("M2").
Boulder Net Lease Funds, LLC, a leading national investor in net leased properties, announced today that it acquired a single tenant industrial building in Frankfort, Indiana net leased to Lake Erie Products, part of the Fastening Division of Trimas Corporation.
said Randy Blankstein, President of Boulder Net Lease Funds, LLC, "The fundamentals of the Nashua Office Market are strong and this property is one of the few Class A properties in this market.
The property's location at the south border of Hill Air Force Base, Utah's largest employer, makes this a prime real estate location," said Randy Blankstein, President of Boulder Net Lease Funds, LLC.
Boulder Net Lease Funds, LLC has released a new research report providing comprehensive numbers and analysis of the 4th Quarter activity in the Net Lease Market.
This property is a smart investment for us and a great start to our portfolio in large part due to the under market rent that Sprint is currently paying" said Randy Blankstein, President of Boulder Net Lease Funds, LLC, "It is our belief that the real estate fundamentals in this market combined with the improving business of Sprint have created a promising investment opportunity for the fund.
The $100 Million Fund includes the personal investment of the Principals of Boulder Net Lease Funds.
MILWAUKEE -- State Financial Services Corporation ("State")(NASDAQ:SFSW), a bank holding company, today announced that it has entered into an Agreement to acquire 80% of m2 Lease Funds LLC ("M2 Lease Funds").