Category Archives: About Ground Leases

Unscrambling Property Interests

Properties involving Triple Net Leases (NNN) are among the most popular investments for both institutional and individual investors.[1]  Under a NNN lease all property expenses are paid  by the tenant, not by the landlord.  However, many leases that are advertised … Continue reading

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Valuing a STNL Leasehold

Capitalizing a leasehold may led to serious errors in valuation. Rather than using the capitalization method, use Discounted Cash Flow techniques to arrive at the financial value. Continue reading

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Valuing the Leased-fee Interest under a Ground Lease

When a property is leased employing a ground lease, two separate interests are created: the first is the leasehold interest, held by the tenant; the second is the leased-fee interest, held by the landowner/lessor. What is unique about properties subject … Continue reading

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