Synthetic Ground Leases

It is tricky for sponsors and developers to find financing in today’s challenging capital market. We are focused on creative capital stacks to help our clients execute in uncertain markets.

Lately, we have been working with several clients on synthetic ground leases. These can offer a very low relative cost of capital and can, in essence, replace much costlier capital. We’ve seen GL’s work on deals ranging from construction, to bridge to permanent and in deals from $30,000,000 – $300,000,000.