leased fee

leased fee

The name given to the landlord's rights in real estate after the landlord signs a lease with a tenant.It consists of the right to receive rental payments and the right to retake possession of the premises at the end of the lease term—the reversionary right.

References in periodicals archive ?
SL Green agreed to sell the leased fee interest for the building, located in 885 Third Avenue, for a gross sale price of $453 million.
Absent bankruptcy, and other exogenous events, the leased fee is a quite secure annuity.
A USD120m debt, backed by leased fee interest in the Dream Hotel Downtown at 346 W.
23x on the consolidated first and subordinate debt, a beginning weighted average leased fee loan-to-value (LTV) ratio of 47.
A 45 percent joint venture interest in the leased fee of 885 Third Avenue, New York, NY, also known as the Lipstick Building, for approximately $39.
Cushman & Wakefield represented L&L Holding Company and BlackRock in the $145 million sale of the leased fee at 635 Madison Avenue.
If comparable market rents do support the contract rent, and the contract rent is equal to market rent, then fee simple value equals leased fee value.
The Buffalo Valley property, located in Nevada, consists of both leased fee lands and mining claims held 100 percent by Horizon.
as a corporation is only selling its leased fee interest as a ground lessor in the land beneath the Galleria Park Hotel.
The largest slated transaction of the bunch, the dealing of the leased fee interest to 2 Herald Square, will account for $365 million when the deal closes in the final quarter of this year.
In this type of market, it is highly unlikely that the leased fee value of a property will equal its fee simple value at stabilized occupancy.
The 380 Madison Avenue loan (15%) is secured by the leased fee interest in a 25-story office building in midtown Manhattan in New York City.