The provisions needed to make a ground lease financeable
are often overlooked, particularly if the tenant doesn't need financing to construct its initial leasehold improvements.
K Road's Managing Partner, Gerrit Nicholas added, "We are excited to move the Calico Solar Project into a financeable
position, and we look forward to developing, constructing, and operating one of the world's largest solar projects.
Plus the properties are tenanted with strong national retailers and are ideal redevelopment candidates now or in the future," said Schechtman who added that the buyer will benefit from immediate cash flow and a cap rate which exceeds the financeable
rate for the properties.
You'll find expert advice on developing RFPs and RFQs, tips on making your energy project financeable
, and guidelines for effectively negotiating and developing energy services agreements.
At the expiration of the loan in 3 to 5 years, with the improved performance of the hotel and the market, the mezzanine provider is counting on their initial 85% to 90% loan-to-value loan, now being only a 60% loan, easily financeable
with new first mortgage proceeds.
We have, however, been unable to establish a mutually acceptable basis for a transaction that would be financeable
in current market conditions.
Most importantly, the builder must have the vision to divide land and design homes that are attractive to the end-users, and in ways that are financeable
The nature of these assets reduces the contingent liquidity offered by unencumbered assets that are readily financeable
in the mortgage market.
The more prevailing reason for the owners' unwillingness to re-lease or allow tenancy buyouts is that the subleasing tenancies provide the buildings with an easily financeable
The certificate ("Certificate A") states that Placer has determined that the Cerro Casale project is still not financeable
under the terms of the Shareholders' Agreement.
It's good for us where the leases aren't favorable to us, but it's bad for the owners and bad for the city because the owners cannot market the leases - the leases are not financeable