Only a few dozen California real estate agents have gained the prestigious designation by completing the required Short Sale Lease-Back
training courses and can now offer the innovative program to distressed homeowners looking for another option to avoid California foreclosure.
This means Batelco "has the ability to raise funds at much lower rates than tower companies and thus could not justify the lease-back
arrangements", Shaikh Mohamed said.
Spyker Cars NV (SPYKR.AE), the parent company of Saab Automobile, has asked the Swedish National Debt Office to allow it to pursue the sale and lease-back
of Saab properties.
Stockholders, therefore, would like to execute a sale and lease-back
of some assets that have been financed by issuing unsecured debt because lease-back
of an asset is similar to issuing secured debt in that legal claim to the asset is given to the lender (i.e.
A spokesperson for Emirates Airlines said that it was grateful for the complete support of Emirates Bank Group and that this was the first time the airline had completed a sale and lease-back
of an existing fleet aircraft, reports AMEInfo.
"We've been in talks with a number of parties and if there is a sale and lease-back
, it will be with a minimum of a 25-year lease," said Krasner.
As Corporate America continues to focus on core strategies, the trend to sell off real estate holdings then lease-back
the space as it is needed has accelerated.
According to a report in yesterday's Nihon Keizai Shimbun, Comdisco will start a lease-back
program in Japan starting in January.
Which route they go depends on the operator and what it wants - for example, a lease-back
arrangement gives the operator back its money to reinvest in another facility.
Briefly, under sale-leaseback accounting, a sale is recorded, the property and related liabilities are removed from the balance sheet, gain or loss is recorded and the lease-back
is classified according to the FASB lease accounting rules (FASB Statement no.
The Department of Agrarian Reform (DAR) has started a massive validation program of agrarian reform beneficiaries in the sugar plantation Hacienda Luisita in Tarlac, in a bid to stamp out the exploitative 'aryendo' or 'lease-back
' scheme in which the farmers end up renting out the government-distributed lands back to the former landowners.