How liquidating a ground lease
can serve both immediate and long term financial needs and objectives
This block-long parcel, located in the heart of NoHo, is one of the last prime development sites in Manhattan's most cutting-edge neighborhood," said Richard Baxter, vice chairman at JLL who structured the 49-year ground lease
at 363 Lafayette Street for Olmstead along with Stephen Shapiro, an executive vice president at the brokerage.
Cap rates for bank ground lease
properties reached a new historic low
Client wants a ground lease
close to the construction and operation of 50 beach huts.
Wouldn't this be insurable interest in order to cover the loss of ground lease
This article presents a case study analysis of an office building that is encumbered by an above-market ground lease
payment and restrictions on ownership.
One critical element is that the ground lease
be financeable by the developer's lender.
Under a ground lease
, a business leases vacant land (often called "dirt") from a property owner, constructs its own building, and pays for all of the costs of operation, including taxes, insurance, snow removal and landscaping.
The transaction's asset pool is composed of a participation right in the form of fixed-amount claims against the rent collections under four ground lease
agreements where the underlying properties are four plots of land located in Taipei City's Xinyi District.
Warwick District Council played an important part by extending the ground lease
to make it worthwhile for both parties.
The ALI-ABA (Philadelphia, PA) has released 'A Guide to Ground Leases
(with forms and checklists),' a new book that addresses the terms and issues that arise in negotiating a ground lease
"in a way that meets the landlord's expectations and prevents surprises for the tenant," the ALI-ABA said.
Under the plan approved last week, developers would pay the CRA and the county more than $110 million in ground lease
and incentive rent payments over the three phases of construction.