leaseback

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Leaseback

A transaction whereby land is sold and subsequently rented by the seller from the purchaser who is the new owner.

leaseback

a property transaction in which the buyer leases the property to the seller.
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References in periodicals archive ?
The seller was a family office that structured an initial sale leaseback of the properties with the tenant.
STREAM Capital Partners Advises Seller on KFC Portfolio Sale
Boyd Hoback, President and CEO said, "Our recent sale leaseback transactions over the past three months combined with the continued improvement in our cash flow from operations has enabled us to repay 100% of our bank and term debt so that the Company is now debt free, with the exception of a few smaller capitalized equipment leases and maintenance truck loans.
Good Times Restaurants Inc. Announces Repayment of All of the Company's Term Debt
From the buyer's perspective, a sale leaseback can be an attractive investment in the real estate category as it requires less maintenance and administration than many multi-tenant real estate investments.
Making the most of sales and leasebacks: a sale leaseback transaction allows a franchisee to convert his own real estate property into the capital he might need for growth
Craig Homan, President of ECP, said, "We have scrutinized the sale leaseback market for several years, shopping providers and examining proposals, and each time resisting the seemingly laborious process so that we could continue to hold on to our real estate.
AIC Ventures Completes 80th Sale Leaseback with Easley Custom Plastics
Every year we've done more and more sale leasebacks.
Net leasing becoming more popular
The success of such a substantial deal, the largest in the history of CVS sale leaseback transactions, is reflective of the results achieved when the skills and expertise of professionals in several practice areas are integrated," said Andrew R.
Mintz Levin Represents CVS Corporation In Largest Sale Leaseback Transaction In Company's History; Deal Involved 163 properties in 22 states
As a commercial real estate broker who specialized in sale leaseback transactions and the leasing of office facilities in Northern New Jersey in the late 1980's, I had the occasion to speak to many financial officers at the CEO, CFO, Treasurer and
Sale leasebacks: strategy for the 90's
2 million sale leaseback transaction with Senior Housing Properties Trust (NYSE: SNH) for 31 of the LTA communities.
Five Star Quality Care, Inc. Completes Acquisition of LTA Holdings, Inc
Together, they have completed numerous bankruptcy and sale leaseback transactions relating to many retailers, including Service Merchandise in 2002, Levitz and HomeLife in 1999 and 2002, respectively, Montgomery Wards and Lechmere in 1998, Hechinger in 2000, and Kmart in 1995 and 2002.
Acadia Realty Trust Announces Formation of Retailer-Focused Investment Venture with Klaff Realty and Lubert-Adler
Upon consummation of the sale leaseback transaction, WCAS and Constellation will provide funding consisting of approximately $170 million in subordinated debt facilities (the "Shareholder Notes" or "Notes"), which the company will use to acquire the CWA assets and fund ongoing capital expenditures and working capital needs of the newly acquired assets.
SAVVIS Communications Selected to Acquire Cable & Wireless America Assets
In this case, Ripplewood used sale leaseback proceeds to fund the buyout of Lillian Vernon.
W. P. Carey Provides Financing for Lillian Vernon Acquisition
The proceeds from the sale of UI's interests in the plant will be used to terminate the lease and redeem the sale leaseback obligation bonds.
The United Illuminating Completes the Sale of Its Ownership Interests in the Seabrook Nuclear Generating Station

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