Sentences with phrase «lease backs of»

since many medical centers do sale lease backs of their buildings to large publicly traded REIT's, Medical Properties Trust being the big player in the industry.
HBC (TSX: HBC) also said it completed the sale and lease back of its Queen Street flagship store and Simpson Tower office complex in Toronto for a purchase price of $ 650 million and used most of the net proceeds to reduce debt.

Not exact matches

Great Southern investors are working on a plan to take back control of assets located on some of the breached third - party leases.
In 2007, The Laljis» company, Larco Group, struck a $ 1.7 - billion deal with the federal government to buy and then lease back seven Ottawa office buildings; the CBC reported in 2015 that the arrangement has been plagued by years of disputes between the two parties, including acrimony over repairs, contract tendering and even parking fees.
SolarCity's bundled securities are backed by 20 - year solar leases held by homeowners, who pay their electric bills to SolarCity instead of to a utility.
As part of the deal, HBC will sell and lease back its main downtown Toronto store and executive offices to Cadillac Fairview for $ 650 million.
Instead of sulking, instead of backing out, Eiffel shrewdly arranged to pay for the remaining $ 1.3 million himself — in exchange for a 20 - year lease and control over some of the pavilion near the tower.
A major mall anchor for decades, last month's announcement that the department store would be selling back the leases on many of its biggest locations, including its flagship store in Toronto's Eaton Centre, doesn't make Sears's future seem very rosy.
Last year, it raised debt backed by leased phone receivables, and this year has used some of its cellular network equipment to back borrowings.
To tidy up its books, HBC is looking to sell these leases back to landlords for an average of about 30 cents on the dollar.
At the end of the term you can buy the equipment back, extend the lease, or upgrade to newer equipment with another lease.
If you own your equipment or have a decent amount of equity you can utilize a sale - lease back.
On its relationship with Bank of America Merrill Lynch, the conglomerate said, «With the exception of some modest asset - backed financing provided to some of our leasing subsidiaries, where business continues as usual, HNA Group has never engaged B.A.M.L. for any significant business.»
The discipline of investing in this asset class requires some knowledge of specialization; e.g., rental houses have different economic characteristics and rents than industrial warehouses, storage units, office buildings, or lease - back transactions.
An asset - backed security (ABS) is a financial security collateralized by a pool of assets such as loans, leases, credit card debt, royalties or receivables.
As the year progresses, more off lease vehicles will come back driving down the price of used and further reducing residuals on leased vehicles making new leases more expensive.
The customer would pay back SolarCity and its financial partners over the course of a 20 - year lease, ideally at a monthly cost that would be lower than their traditional utility bill.
Alitalia, Italy's perpetually bankrupt flag carrier (literally: the company is presently under bankruptcy protection... for the third time in under a decade) sold all of their aircraft to raise some quick cash, then leased them back at not exactly favorable conditions.
If they once owned their own stores, they sold them to raise money and leased them back from the new landlord, or they mortgaged them to the hilt and in case of a default, the lender takes possession of them.
That will provide the cannabis growers and sellers with plenty of capital; the REIT, in turn, will offer the cannabis companies lease - back deals so no one has to move.
There's also people out there in the esteem of giving power back to the people of allowing you to earn money on things you have to lease out.
The lease - back deal is looking to decrease the costs which are a consequence of shifting to new financing plans for smartphones, which permit monthly payments from two - year contracts.
Some of these firms are looking to get into cannabis through diverse asset - backed lending investments --- things like equipment leasing.
It says it should be entitled to get its $ 1 million deposit back with interest in the event the transfer of the lease doesn't go ahead.
Olam, which is backed by sovereign wealth fund Temasek Holdings, will lease - back the almond groves and land as well as related farming and irrigation infrastructure for a period of 18 years.
Came back from injury last term with a new lease of life and the Ecuadorian is a player who doesn't stop running.
He was placed back up front for the Red Devils and looked like he had been given a new lease of life and much expectation rests on his shoulders.
I do not think we can say the same thing of Alex Oxlade - Chamberlain, though, despite the boss saying a lot of good things about the dynamic England international and despite the fact that he seems to have found a new lease of life as a wing back in Wenger's new three at the back formation.
Then proceeded to get a new lease of life in Greece, helping his Athens side to a domestic double and is still playing today at age 35 back in Brazil with Gremio.
24 - year - old Westfalenstadion star Gundogan has struggled with injuries in recent seasons but is now back near his very best and enjoying a new lease of life under new Dortmund boss Thomas Tuchel.
Alberto Moreno — 7 Another good game for the left - back as the wing - back position has given the Spanish defender a fresh lease of life.
According to The Mirror, the Gunners graduate could earn a new lease of life in England with Tony Pulis keen on luring the full - back to the Hawthorns.
The current owner, William Muetze, will lease the property back from the Park District with the stipulation that parcels will be turned over to the Park District over a period of four years.
This popular TV series — based in the 50s — has given a new lease of life to classic baby names with Cynthia, Jenny, Trixie and Camilla all getting a little revival off the back of the show.
Being so high on the list means it's has the most of that in it... I'm stuck in a rural area without a good supply of formula for my son (it was suppose to be a day trip but the snow is too deep to get back home), I will be using this at lease until I can get back home.
The Post reported back in August that Jacobs, who owns several successful summer camps, has signed a drilling lease with Hess for some on some 140 acres of land at his Tyler Hill camp, just over the border from New York's Catskill Mountains.
The Research Foundation for SUNY, which oversees nearly $ 1 billion in grants at SUNY schools, had to go back and correct its 2015 financial statements — to the tune of almost $ 250 million — after it uncovered a problem with a lease at SUNY Polytechnic Institute in Albany.
The Authority backed out of a lease in the James A. Farley Post Office, temporarily throwing a wrench into part of Cuomo's plans to pay for the project.
Governor Andrew Cuomo's $ 3 billion planned overhaul of Penn Station and James A. Farley Post Office received a setback Tuesday when the Port Authority of New York and New Jersey announced that it was backing out of leasing a 40,000 square foot space in the post office building, The Real Deal reported.
Port Authority signed a deal with Empire State Development back in 2000 to lease 40,000 square feet of space at the redeveloped James A. Farley post office building which will be known as Moynihan Station after the overhaul.
Earlier this year when the Port Authority announced that it was backing out of a 40,000 square foot lease at Moynihan Station (the transformed James A. Farley Post Office building), it raised the question of whether the agency would still make a financial contribution to the $ 3 billion effort of the post office and Penn Station.
Which they are leasing back to SWPCT at a return to the ratepayer of 7 % - half a percent higher than they were earning before.
Someone who leaves prison with a college degree has a real shot at a second lease on life because their education gives them the opportunity to get a job and avoid falling back into a cycle of crime.»
News of the lease back - out comes as Degnan publicly questions whether the agency should sell off real estate assets and refocus its priorities on the $ 20 billion Hudson River Tunnel and the $ 10 billion bus terminal in Midtown.
The Port Authority of New York and New Jersey on Thursday backed out of a lease in the James A. Farley Post Office, temporarily throwing a wrench into part of Gov. Andrew Cuomo's plans to pay for the project.
He did say the «vast majority» of the proceeds of the lease - back paid off real estate - related mortgages, and helped finance the startup of Crystal Run's insurance company and managed care company.
Phantom VRA Plant Dr. Charles Yves Wereko Brobby, as Chief Executive of the Volta River Authority, got the VRA to lease a national electricity back - up power plant called the «Strategic Reserve Plant» at Tema, at a cost of US$ 6 million.
I do agree, that holding any lease payments in escrow until the tax lien is satisfied, as ordered by the Executive, is in the best interest of the county's taxpayers and will hopefully encourage the property owners to act quickly to pay their back taxes.
The Bloomberg Administration is strongly backing another state bill, set to be introduced within the next month, which would make renting apartments such as those in Class A buildings — ones that have more than seven units and are granted a residential certificate of occupancy — for less than 30 days clearly illegal, regardless of whether they are owned or leased.
The M.I.T. report argues that a leasing program, in which countries with the capability to enrich uranium fuel supply it to other countries and then take back the spent fuel for disposal in one form or another at the end of its useful life.
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