#The financial transaction where a person leases something, and then before the lease expires themself lease it from the person they leased it to. This allows the leaser out of the contract.
Cushman & Wakefield announced the completion of the $87.5 million sale and leaseback of Unilever's headquarters for the Home and Personal Care group at 33 Benedict Place in downtown Greenwich, Conn.
PRINCETON, N.J. -- Sovereign Investment Company, one of the largest and fastest growing private equity investors providing sale/leaseback capital, today announced it has completed a total of $72.3 million in sale/leaseback transactions for Rite Aid Corporation in the past 12 months.
High real estate prices and low interest rates have combined to make sale-leaseback financing as attractive as ever. For the past year or so, investors across the board have been re-evaluating their commitments to the stock and bond markets, sizing up alternative investments, and pumping money into real estate. Sale-leaseback...
SR Telecom (TSX: SRX), a leading vendor of broadband wireless access solutions through its WiMAX-certified symmetryTM products, today announced that it has entered into a binding agreement for the sale of its property and building in Montreal to a Toronto-based real estate investment firm for proceeds of approximately $8.6 million....
SCOTTSDALE, Ariz. -- Spirit Finance Corporation (NYSE:SFC), a real estate investment trust focused on single tenant, operationally essential real estate, announced that it completed a $56 million sale/leaseback transaction with CarMax, Inc. (NYSE:KMX) on June 30, 2005. This transaction is part of the over $1.0 billion in sale/leaseback and mortgage...
BOSTON -- Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., a full-service, 450-lawyer AmLaw 100 firm with offices throughout the U.S. and in the U.K., announced that it represented CVS Corporation (NYSE: CVS), the nation's largest pharmacy chain, in an historic $1.3 billion sale leaseback transaction - the largest retail...
Tyco Capital Aerospace inked a sole/leaseback deal with China Southern Airlines for an A320-200 ... Tyco Capital Aerospace inked a sole/leaseback deal with China Southern Airlines for an A320-200 powered by V2527-A5s. Virgin Blue leased an ex-Ansett 737-300 from the Australian unit of Tyco....
U.K. food retailer Tesco plans to finance a sale-leaseback transaction with a large commercial MBS offering. U.K. food retailer Tesco plans to finance a sale-leaseback transaction with a large commercial MBS offering.
WICHITA, Kan.--BUSINESS WIRE--Nov. 20, 1997--Candlewood Hotel Co. Inc. (NASDAQ NM:CNDL) today announced that it has entered into a sale-leaseback agreement with Hospitality Properties Trust (NYSE:HPT).
LOS ANGELES -- Health Net, Inc. (NYSE:HNT) today announced that it has entered into an agreement with the Dacourt Group to sell its 68-acre commercial campus in Shelton, Conn., home to its Northeastern headquarters, in a sale-leaseback transaction valued at approximately $90 million.
SCOTTSDALE, Ariz. -- Restaurant Resources, owner of 16 Pizza Hut franchises, recently completed a sale-leaseback deal valued at $7 million with GE Commercial Finance, Franchise Finance GEFF.
Cable & Wireless in sale and leaseback agreement with British Land Cable & Wireless announces that it has today completed a 25 year sale and leaseback agreement with British Land of a portion of its property portfolio. The deal cove ...
LOS ANGELES--BUSINESS WIRE--Aug. 13, 1998--The Bentley Forbes Group LLC Thursday announced that on July 31 it completed the purchase/leaseback of two properties -- one located in Southern California, the other in Boston -- worth nearly $28 million combined.
DineEquity, Inc. (NYSE: DIN), franchisor and operator of Applebee's and IHOP restaurants, today announced the completion of a sale-leaseback transaction for 181 Applebee's company-owned restaurant locations with an entity majority owned by affiliates of Drawbridge Special Opportunities Fund LP, Drawbridge Real Assets Fund LP and Cardinal Capital Partners. Drawbridge...
WAUWATOSA, WIS. -- PH Hospitality Group LLC, the largest Pizza Hut franchisee in Wisconsin, completed late last year sale-leaseback transactions covering 20 Pizza Hut units and totaling $15.3 million with Sovereign Investment Co.
PRINCETON, N.J. -- PharmaNet Development Group, Inc. (NASDAQ: PDGI), a leading provider of drug development services, today announced the sale-leaseback of its future Quebec City facility new facility that is currently under construction.
When should a corporation raise cash by selling and leasing back real estate? While there are no textbook reasons to sell and lease back property, there is one reason for a company to sell and lease back real estate : when it is the most sensible option for raising capital...
WEST LAFAYETTE, Ind. -- Bioanalytical Systems, Inc. (Nasdaq:BASI) today announced that it has been notified by the firm with which it had reached an agreement in principle for the sale and leaseback of its Baltimore building that the potential buyer is exercising its right to withdraw from the transaction on...
SCOTTSDALE, Ariz. -- Apple Sauce, Inc., owner and operator of 70 Applebee's Neighborhood Bar & Grill Restaurants, in Indiana, Ohio, Florida, and Illinois, recently completed a sale-leaseback deal with GE Commercial Finance, Franchise Finance GEFF. The deal includes 10 Applebee's locations in the Midwest and is valued at $19.5MM.
Georgia-Pacific Corp. (G-P), Atlanta, has completed the sale-leaseback transaction associated with the previously announced sale of a controlling 60 percent interest in Unisource Worldwide Inc. to Bain Capital. The transaction is valued at approxim Georgia-Pacific Corp. (G-P), Atlanta, has completed the sale-leaseback transaction...