The company announced it has signed contracts for the acquisition of the existing ground lease
at 425 Park Avenue for approximately $620 million.
Dallas-based, privately held real estate investment firm, Mohr Capital, has acquired its first hotel ground lease
in downtown Milwaukee, the company said.
Through this agreement, Aeroterm will extend the ground lease
to 2050 and expand its leased premises by approximately 6 acres of additional land on which it will construct the building expansion.
Cypress Cove's long-term liability profile is also affected by an operating lease for its land and a related deferred ground lease
I was able to find a lender that provided a rate around 3.95 percent and was comfortable with the hotel being on a ground lease
. The borrower was able to cash out and potentially utilize those funds towards additional acquisitions, Bhat concludes.
* Leased Fee Interest--In the context of a ground lease
, the leased fee interest is held by the landowner, who is the landlord under the ground lease
For landowners, a ground lease
can be appealing because it offers a long-term, low-risk income stream while they retain ownership of a property.
"The terms of this ground lease
gave an option for Mrs Cardinale to extend the lease for three years in 2005.
Based in Annapolis, Maryland, Matthews will work to provide capital to consumers and businesses seeking to liquidate ground leases
to cell towers, billboards, wind turbines, solar farms and fiber optic networks.
Northbrook, IL, May 01, 2015 --(PR.com)-- The Boulder Group's Research Department has released a new research report providing comprehensive numbers and analysis of the activity in the National Net Lease Bank Ground Lease
Q: One of our clients owns land that he leases under a ground lease
to a tenant that constructed its own commercial building.
One critical element is that the ground lease
be financeable by the developer's lender.