Wagner said at the time that the bank expected to sell the building and
then lease back space to become more efficient without reducing employment levels.
The school's legally independent foundations will acquire the properties,
then lease them back to the state at a total cost of $ 305,000 a year, which will be paid by students studying there.
Under this structure, EPR will buy a new property and
then lease it back to the former owner (now a tenant) under very long - term and inflation - adjusted rental agreements.
Fritz said the Flyers, who bought the scoreboard for more than $ 200,000 from Daktronics, were offered a favorable deal by Great American Leasing Co. to buy the scoreboard and
then lease it back to the team for 36 months.
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.
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.
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.
Well, she sold the company's Brisbane plant for $ 156 million to Charter Hall,
then leased it back — at a 3 per cent rent increase for 20 years!
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.
SchoolHouse Finance buys properties, often selling them for twice or three times the purchase to a buyer, and
then leases them back from the buyer in order to then lease them to Imagine charter schools at exorbitant rates.
If that isn't enough to think about, Willie Beck of Capital Automotive also offers some advice on when selling
then leasing back the property your dealership sits on might be a good choice.
There are two Commonwealth National Parks in the Northern Territory - Kakadu National Park and Uluru - Kata Tjuta National Park in which freehold title is held by Traditional Owners under the Aboriginal Land Rights (Northern Territory) Act 1976 (Cth) which are
then leased back and jointly managed in accordance with the Environmental Protection and Biodiversity Conservation Act 1999 (Cth).
Once the perfect house is found and the terms negotiated and accepted, the investor purchases the property and
then leases it back to the client for a specific term and with specific conditions, with the option that the client can purchase the property at the end of the term.
A seller leaseback, also called a sale leaseback or rent back, is a transaction in which the seller sells the property and
then leases back the property from the new owner.
It bought the psychiatric hospitals and
then leased them back to the selling company - pure sale / leaseback.
In a sale - leaseback transaction, a company sells property to an investor and
then leases it back, typically in a long - term, triple - net lease of 15 to 20 years.
By selling its 100,000 sq. ft. headquarters building to Miami - based United Trust Fund (UTF) and
then leasing back the property via a 15 - year, triple - net lease, the company was able to reinvest the sale proceeds in its manufacturing business.
In a synthetic lease, a company sets up a special purpose entity (SPE) to hold title to its property and
then leases back the property.
Selling assets and
then leasing them back is a common strategy for freeing up short - term cash, which Darden says it needs to pay down about $ 1 billion in debt.
Nothing left but bricks and mortar When Lampert created the Seritage Growth Properties (NYSE: SRG) REIT, he seeded it with over 260 stores that
he then leased back, generating some $ 2.5 billion for the retailer.
Not exact matches
Two decades later, they spent $ 1.1 billion to buy seven buildings from the federal government (
then promptly
leased them
back to the feds).
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.
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.
The site was bought by the Park District late last year, and
then was
leased back to William Muetze, the owner, who had been using it for a tree farm.
The BC IDA
then leased the land
back to Huron / EIT.
(A
lease -
back is a financial transaction where a company sells a property and
then signs a long - term
lease with the new owner.)
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.
The RAV4's most recent leap was in 2006, and since
then, the compact SUV class has resembled a plague: Many new frogs have leapt into the market, and others have gotten new
leases on life and leapt
back into action.
Your lender is not allowed to repossess your car after you default on your loan and
then lease the vehicle
back to you.
Leasing is similar to borrowing, however in a
lease, it's the lender that purchases the equipment and
then leases (rents) it
back to you for a flat monthly fee — sometimes lower than the payment on a loan would be.
Back then, it was Silva and me, and a small crew of volunteers with E-Z UP canopies that they'd borrowed from one of the local companies that
lease production supplies to independent film productions.
If these rewards don't get your motor running,
then the GM Flex card program has two other options: receiving 1 percent of your charged purchases as either cash
back or toward the purchase or
lease of a nonGM vehicle.
Central Union manages this by
leasing their roof space to a solar company, who
then sells
back to them the electricity at a reduced rate.
They
leased my mineral rights
back in 2008, drilled the well in 2011 and have come
back three times since
then to re-frack the well.
During 2013 and 2014 solar
leases and solar PPA's became the dominant financing used by homeowners to install solar panels because
back then to buy solar was still expensive, around $ 5 per watt making the zero down
lease and PPA products attractive.
Both cases arise out of a «sale and
lease back» financing transaction under which financiers (Bitumen) purchased a bitumen carrier from one member of a group of companies, and
then leased the vessel
back to a different member of the group (Windrush) on the terms of a demise charter guaranteed by another group company (Richmond).
Can you imagine telling your firm's landlord that, despite the
lease that you negotiated, they should dial
back the rent 50 %, and
then just not pay when you don't get the answer you want?
They never really caught on
back then, but they're getting a new
lease of life from digital technology.
Hoping to sign a less
then a year
lease to put it
back on summer
leasing schedule.
These transactions, in which an operating company sells the real estate it owns and occupies to investors and
then leases the same space
back on a long - term
lease, are a popular way to free up capital for business expansion.
After college VanEman worked in New York for more than a year in
leasing and
then sales but moved
back to Mankato in 2009 to team up with her mom.
It would, therefore, make sense for a company to explore the notion of selling their property to a BEE - compliant company, and
then to rent
back the property through a long - term
lease agreement.
Morgan Stanley loaned the joint venture $ 1.3 billion for the ground
lease acquisition and Broadcasting House redevelopment,
then securitized the loan on the European commercial mortgage -
backed securities (CMBS) market.
I didn't invest a lot of money in SFHs at the start, I invested my time and knowledge and did mostly creative finance deals with the sellers and
then turned around and sold the houses on a
lease option or owner carry in order to get my down payments
back....
In 1994, the Swiss Bank Corporation («Owner») began seeking investors who would be willing to purchase its Connecticut headquarters and
then lease the space
back to the Owner.
He
then joined Ernst & Young Real Estate where he worked on several complex transactions, including large sales and
lease -
back deals.
A seller leaseback, also called a seller rent
back or sale - leaseback, is a financial transaction in which a person sells property and
then leases or rents from the new property owner.
In a sale - leaseback deal, corporations sell real estate they own and
then rent the properties
back from the buyers under a long - term net
lease — roughly 15 or 20 years — with extension options.
Even
then, in cases where it was a simple hard ship like I encountered, I try to set them up with a
lease / option as a chance to keep their home with me owning it for a few years while they get
back on heir feet.
Over the past year, Pinnacle Entertainment, Sears, and Darden Restaurants have announced plans to transfer substantial real estate holdings to REITs and
then lease the properties
back.