Port Authority had signed
a lease back in 2000 with Empire State Development to use the space in the transformed building (which would be known as Moynihan Station) for 35 years, and pay $ 10.5 million each year.
Under the Master Lease Agreement, Etisalat sold its tower assets to IHS, which in turn
leased them back in exchange for lease rentals.
That was the strategy of Polar Plastics, which sold its headquarters and manufacturing center to W.P. Carey and
leased it back in a 20 - year, triple - net lease.
Not exact matches
Also
in November, Singapore Airlines handed over the very first A380 into service
back to the
leasing company that owns it.
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 fee
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 fee
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.
Strong demand from overseas investors has led companies including Lloyds Banking Group Plc and KPMG to sell and
lease back their London headquarters
in the past year.
For a business that owns expensive equipment or machinery outright, one option is to find a lender who will buy the equipment for a lump sum and then
lease it
back to the business,
in what's called a sale - leaseback.
She signed her own gas
lease to allow fracking on the farm near Ulster, pocketing $ 13,600 starting
back in 2006, but no company drilled on her land.
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.
The company said it would sell
back the
leases to stores at Vancouver's Pacific Centre, Calgary's Chinook Centre and Ottawa's Rideau Centre to landlord Cadillac Fairview for $ 170 million and vacate the premises
in less than seven months.
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.
In many cases, Sears has
leased back stores it sold.
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.
A Dominion Lending Centres
leasing professional can help you
in discovering multiple ways to structure
lease financing for new equipment, a sale -
lease back to extract capital from existing assets, or solve other equipment acquisition opportunities.
Sotheby's International Realty had sold the building to RFR Holding Corp. for $ 175 million
in 2002 to help pay off regulatory fines, and then
leased the property
back.
Fill out our secure online application or download our
lease application
in PDF format and send it
back to us.
Uber had founded Xchange Leasing
back in 2015, aiming to
lease vehicles to drivers who wanted to join Uber without bringing their own cars to the service.
Rio Tinto has also moved to scale
back direct involvement
in livestock production on its pastoral
leases in the Pilbara.
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.
A key reason we started following coworking
back in 2007 was it provided a flexible alternative to the traditional long term commercial office
lease.
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.
It provides other financial services through its subsidiaries engaged
in various businesses, including wholesale banking, mortgage banking, consumer finance, equipment
leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing services, investment advisory services, mortgage -
backed securities servicing and venture capital investment.»
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.
Sprint is looking to raise $ 1.1 billion
in cash proceeds through the sale and
lease -
back deal.
For the first time, Tesla securitized its
leases, raising $ 546 million earlier this month
in securitized notes
backed by Model S and X
lease payments.
FVE's $ 2.3 billion
in lease obligations, equivalent to $ 1.2 billion
in debt, were added
back to invested capital.
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.
Nothing about the «world - class infrastructure» now being flogged for cents
in the dollar, if it hadn't been sold and
leased back already.
«It's a sale and
lease back and ultimately they'll pay for that one way or another
in higher concentrate rates and lower advertising spend.»
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.
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.
In the meantime, he added, the site may be either maintained as grassland or
leased back to the farmer who is selling the property.
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.
The site was bought by the Park District
in 1997 and then
leased back to William Muetze, who has been using it as a tree farm.
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.
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.
In February 2010, Trinity Real Estate terminated a 99 - year lease it had granted to Tribeca Associates back in 2007, when Tribeca Associates planned to convert the building into offices and a hotel, according to Crain's New York Busines
In February 2010, Trinity Real Estate terminated a 99 - year
lease it had granted to Tribeca Associates
back in 2007, when Tribeca Associates planned to convert the building into offices and a hotel, according to Crain's New York Busines
in 2007, when Tribeca Associates planned to convert the building into offices and a hotel, according to Crain's New York Business.
The ECIDA and Steuben have had a long relationship, dating
back to 1983, when the company
leased an agency - owned site at 1150 Maple Road,
in Elma.
The Lands and Natural Resources Minister, John Peter Amewu, revoked Exton Cubic's exploration license for bauxite
in the Tano Offin Reserve because they did not have some statutory documents to
back the
lease.
Eventually, the
lease deal fell apart when the developer failed to purchase the property by the city's deadline and the owner did not pay more than $ 1 million
in back taxes.