Sale-Leasebacks Are Back, Baby
The sale-leaseback transaction, nearly dormant in 2020, is coming back in vogue as investors search the pandemic-riddled landscape for yield while cash-strapped tenants hunt for capital infusions. Often parties with these two convergent interests find a solution in sale-leaseback transactions, or deals where businesses sell off properties to commercial real estate investors and then lease the same spaces back as tenants. "I would say the current backdrop is incredibly conducive for sale-leasebacks right now," SLB Capital Advisors Managing Partner Scott Merkle said. "I would go as far as t...
Source: bisnow.com