In virtually all instances, landlords are more willing to agree to lease provisions necessary to make a ground lease financeable
before the lease is signed, when they still need a tenant.
The city is currently negotiating with one owner and expects more to follow in a plan that would establish firm 15-year leases that are financeable
On September 27, 2005, Placer Dome advised Arizona Star and Bema Gold of its conclusion that the Cerro Casale project is not financially viable at this time and is not financeable
under the terms of the Shareholders' Agreement.
One of the obligations that we had as Coliseum Associates was to have a credit-rated, financeable
tenant at the end of December," explained Pomerantz.
Placer") has informed the Company that they have concluded that the Cerro Casale Project ("Cerro Casale" or the "Project") is not financially viable at this time and is not financeable
under the terms of the Cia Minera Casale Shareholders' Agreement.
First, if a property is financially healthy and financeable
, there is little reason for an owner to sell.
that Placer Dome has concluded that the Cerro Casale project is not financially viable at this time and is not financeable
under the terms of the Compania Minera Casale Shareholders' Agreement.
Even during the credit crunch of recent years, Acredit triple nets have always been financeable
and able to be leveraged at higher loan-to-value ratios than most other real estate investments.
The main exception to this is that all of the premium outlet centers, which are performing strong but are traditionally less financeable
, are unencumbered.