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.