|Leases & Leasing Information|
Leases & Leasing Information
What the first change to lease accounting in decades means for banks American Banker
The Financial Accounting Standards Board is requiring all companies to record leases for property and equipment on their balance sheets. Here's how that ...
Village leasing equipment with option to buy for $1 Newsday
The five-year lease will cost the village $108770 per year but will save the village money.
Lease in John Wayne Marina's future? Peninsula Daily News
PORT ANGELES — John Wayne Marina's future has become crowded with possibilities, including a potential joint ownership-operating agreement between the ...
City Proposes No-Bid Lease that Pleases Two Wall Farmers San Angelo LIVE!
SAN ANGELO, TX — San Angelo city council members Tuesday will consider extending the agricultural and grazing leases on thousands of acres of city owned ...
New lease for M's approved; ballpark likely gets new name FOXSports.com
SEATTLE (AP) — A 25-year lease for the Seattle Mariners to remain at their ballpark and related agreements have been approved by the Washington State ...
Judge dismisses challenges to oil lease sales in the National Petroleum Reserve-Alaska - Alaska Public Radio Network
Judge dismisses challenges to oil lease sales in the National Petroleum Reserve-Alaska Alaska Public Radio Network
A federal judge in Anchorage has dismissed two lawsuits brought by environmental groups against the Trump administration challenging oil lease sales in the ...
John Stanton on Mariners new 25-year lease agreement KING5.com
Mariners Owner and Managing Partner John Stanton speaks with KING 5's Chris Daniels after the Washington State Major League Baseball Stadium Public ...
Jones Lease Properties declares bankruptcy OurQuadCities
A troubled rental company declares bankruptcy after it's unable to get out of its $22 million debt. It's one we've told you about before: Jones Lease Properties.
Independence Landing signs lease with city for Southwood property Tallahassee.com
Allison Tant's dream to build a community for people with disabilities to live has come a step closer to reality. Tant, chair of Independence landing Inc. signed a ...
Termination of Harrison County Skate Park lease WXXV News 25
The Harrison County Board voted to terminate the lease with the leaseholder of the skate park on Debuys Road. The building was leased about six months ago ...
Urbana council gives initial approval for solar-farm lease deal Champaign/Urbana News-Gazette
URBANA — Aldermen gave their initial approval Monday to a lease agreement that could be the first step toward a new solar farm in the city.
Energy Speculators Jump on Chance to Lease Public Land at Bargain Rates The New York Times
The Trump administration's policy of encouraging more oil and gas drilling combined with a loophole in federal rules has been a boon for investors with a taste ...
Owner suing over broken lease The Salem News
PEABODY — The owner of the O'Shea Building at 1 Main St. is suing the owner of Brodie's Pub in Salem Superior Court, alleging the pub owner failed to pay.
Should You Lease An Electric Car? Or Is It Better To Buy? InsideEVs
In the case of an EV, the leasing company usually claims the $7500 federal tax credit and applies it directly to the transaction price to reduce payments.
Air Lease Corporation Announces Lease Placement of One New Boeing 737 MAX 9 Aircraft with Aeromexico - Citizentribune
Air Lease Corporation Announces Lease Placement of One New Boeing 737 MAX 9 Aircraft with Aeromexico Citizentribune
LOS ANGELES--(BUSINESS WIRE)--Dec 10, 2018--Air Lease Corporation (NYSE: AL) (“ALC”) announced today the lease placement of one new Boeing 737 ...
Landlord sues, saying pub owner walked away from 10-year lease The Salem News
PEABODY — The owner of the O'Shea Building at 1 Main St. is suing the owner of Brodie's Pub in Salem Superior Court, alleging the pub owner failed to pay.
NJ short line operator expanding with Norfolk Southern lease RailwayAge Magazine
A new short line railroad operator has filed to lease track in northern New Jersey from Norfolk Southern as it continues to expand its footprint in the Garden State.
Watco wants to invest $440K at port, lease extension - The Vicksburg Post Vicksburg Post
Watco, which provides rail, barge and truck services at the Port of Vicksburg, is proposing to invest $440,000 in upgrades in return for a five-year extension on ...
Maine island horse farm in jeopardy due to lease dispute Bangor Daily News
The operator of a horse farm on a Maine island says she's concerned about the future of her animals because of a dispute over a lease.. Maine news, sports ...
Brian Mast: SFWMD board should resign over sugar land lease on EAA reservoir site TCPalm
U.S. Rep. Brian Mast said South Florida Water Management District board members should resign, but it's unclear what Gov.-elect Ron DeSantis plans to do, ...
8 things to know about lease accounting implementation Journal of Accountancy
Here are some things that company finance departments may wish to keep in mind as the lease accounting standard takes effect at the beginning of next year for ...
Kempinski Hotel Bahia takes lease option Travel Daily News International
Golfers heading to Malaga in search of warm weather can benefit from new top-of-the-range rental clubs when staying at the five-star Kempinski Hotel Bahia, ...
Protesters gather in downtown SLC to speak out against oil and gas lease auction - KSTU FOX 13 Salt Lake City
Protesters gather in downtown SLC to speak out against oil and gas lease auction KSTU FOX 13 Salt Lake City
SALT LAKE CITY -- Bidders from around the United States are preparing to go online and compete for the right to drill for oil and natural gas on about 150000 ...
Water district panel members back leasing EAA reservoir land; critics call it a shady deal TCPalm
WEST PALM BEACH — Members of a South Florida Water Management District fact-finding panel Thursday backed the district board's lease of land for ...
Downing Wellhead lease, Commerce Bank move, other real estate briefs from The Oklahoman for Dec. 8, 2018 - NewsOK.com
Downing Wellhead lease, Commerce Bank move, other real estate briefs from The Oklahoman for Dec. 8, 2018 NewsOK.com
Downing Wellhead leases building. Downing Wellhead has leased a 40,000-square-foot industrial building on 6.11 acres at 2132 SE 15 from Inland Machine ...
National Park Service Announces 20-year Lease for Oregon Inlet Marina Marina Dock Age
The National Park *Service* (NPS) has executed a lease with Oregon Inlet Marina, LLC, managed by Russell C. King, to provide for the maintenance and ...
Global Ship Lease Announces Results of Annual Mandatory Offer to Purchase up to $20 Million of First Priority Secured Notes - Nasdaq
Global Ship Lease Announces Results of Annual Mandatory Offer to Purchase up to $20 Million of First Priority Secured Notes Nasdaq
LONDON, Dec. 11, 2018-- Global Ship Lease, Inc. today announced the results of the cash tender offer to purchase up to $20 million aggregate.
Monthly Auto Loan And Lease Payments Hit A Record High In Q3: Experian Forbes
Experian said monthly payments hit record highs in Q3 for auto loans and leases. Consumers have largely dodged higher monthly payments by resorting to ...
While owner is saddled with lease dispute on Peaks Island, horses are left out in the cold - Kennebec Journal & Morning Sentinel
While owner is saddled with lease dispute on Peaks Island, horses are left out in the cold Kennebec Journal & Morning Sentinel
Jeanann Alves wants to ensure her horses are cared for, but a permitting violation with the city led to their shelters being razed.
Lease burning celebrates end of longtime army lease, future growth for River Ridge WAVE 3
JEFFERSONVILLE, IN (WAVE) - With a click of a lighter, a lease with the army for the River Ridge area is up in flames and officially at an end. After years of work, ...
Patriots Point terminates Medal of Honor Museum Foundation's lease Charleston Post Courier
The Patriots Point Development Authority voted Friday to terminate its lease with the Medal of Honor Museum Foundation, ending a lease relationship in place ...
Slim & Husky's signs Fifth + Broadway lease Nashville Business Journal
Add Slim & Husky's Pizza Beeria to the list of newly unveiled tenants at the forthcoming Fifth + Broadway development. In a Monday morning interview, Clinton ...
Gruau launches G'Lease leasing offer Fleet Europe
Gruau, the French van conversion specialist, is entering a new market with G'Lease, a leasing *service* for converted commercial vehicles. This new product is ...
Leasing Nightmares: Avoiding Lease Problems Before Opening for Business - Modern Restaurant Management
Leasing Nightmares: Avoiding Lease Problems Before Opening for Business Modern Restaurant Management
Blackacre LLP is a boutique fixed fee real estate law firm with a restaurant leasing specialty. From its experience serving as counsel to numerous restaurant ...
PUBLIC LANDS: Sage grouse, climate lawsuits loom over BLM lease sale E&E News
Over the next week and a half, the federal government will make its quarterly offering of public lands for sale to oil and gas developers. Absent from the auction ...
Government corner wrap up: Soquel Creek Water District board OKs lease for well project - Santa Cruz Sentinel
Government corner wrap up: Soquel Creek Water District board OKs lease for well project Santa Cruz Sentinel
CAPITOLA >> The Soquel Creek Water District board met Tuesday to consider a lease agreement with Twin Lakes Church. The board voted to approve the ...
Erie City Council could explore lease of golf operations GoErie.com
Erie City Council could explore leasing city-owned golf courses as a way of generating additional revenue. Council discussed the issue with Public Works ...
Hobby Lobby to lease St. Gregorys campus to OBU Shawnee News Star
SHAWNEE – The sale of a closed private university is now complete. Hobby Lobby Stores Inc. purchased the campus property of St. Gregory's University on ...
Man’s car repossessed after GM Financial glitch stops deducting lease payments: Money Matters - cleveland.com
Man’s car repossessed after GM Financial glitch stops deducting lease payments: Money Matters cleveland.com
I have a car lease with payments to GM Financial. My payments have been automatically debited from one of my accounts at Third Federal.On Thanksgiving Day ...
Patriots Point transfers golf course lease to Charleston hotel developer Charleston Post Courier
The Patriots Point Development Authority's board voted unanimously Friday morning to transfer the golf course's lease to Michael Bennett, the owner of ...
Randalls to close another grocery store in Katy; former Cypress store to become Star Furniture - Houston Business Journal
Randalls to close another grocery store in Katy; former Cypress store to become Star Furniture Houston Business Journal
Randalls will soon have just one grocery store in Katy. The Houston Chronicle reports that the store at 3050 N. Fry Road, at the intersection of North Fry and ...
NJ rail operator applies to lease Norfolk Southern freight lines in 4 counties NorthJersey.com
A New Jersey rail operator intends to lease Norfolk Southern's local freight network in Essex, Passaic, Morris and Warren counties.
Mourning mother wants to be free of Beal Properties’ lease after being burglarized WTOL
Tierra Jelks came home from her nine-month-old son's funeral to find the lock on her door broken; a burglar walked into her apartment and stole her life's ...
Landlord – Tenant: Residential Lease-Implied Warranty Of Habitability-Exculpatory Clause - Missouri Lawyers Media
Landlord – Tenant: Residential Lease-Implied Warranty Of Habitability-Exculpatory Clause Missouri Lawyers Media
(1)Where a landlord challenged a judgment for a tenant on her claim for breach of the implied warranty of habitability, the 2017 lease and its exculpatory clause ...
Climate activists protest BLM's oil and gas lease sale set for Tuesday Deseret News
Climate activists deliver a protest letter with nearly 200 signatures and more than 80 personal comments to the Bureau of Land Management in Salt Lake City on ...
Paulding airport authority votes to terminate lease with developer Atlanta Journal Constitution
The Paulding County Airport Authority voted Wednesday to terminate a lease with Silver Comet Terminal Partners, which sought to commercialize the airport ...
Exclusive: Houston energy engineering co. in talks to lease Energy Center Five - Houston Business Journal
Exclusive: Houston energy engineering co. in talks to lease Energy Center Five Houston Business Journal
The building was developed speculatively in 2013, delivered in 2016, and has sat empty ever since.
Jenkins will ask council to reconsider Head Start lease terms Opelousas Daily World
St. Landry Parish School Superintendent Patrick Jenkins is surprised and concerned over the increased amount the district will be paying beginning next month ...
Exclusive: Houston tech co. to relocate from Midtown with 118K SF lease Houston Business Journal
The deal is one of the largest office leases to be inked in Houston this year. Kirby Collection's office portion is now 100 percent leased.
Patriots Point ends lease with National Medal of Honor Museum WCBD News 2
MOUNT PLEASANT, SC (WCBD) - The Patriot's Point Development Authority's board of directors has voted unanimously to cancel its lease with the Medal of ...
Flagler rethinks restaurant lease; will weigh firing county administrator - Daytona Beach News-Journal
Flagler rethinks restaurant lease; will weigh firing county administrator Daytona Beach News-Journal
In January, the Flagler County Commission will consider the fate of County Administrator Craig Coffey and reconsider a lease it previously approved for a ...
County renews lease in Elkin Mount Airy News
DOBSON — Sue's Diner had to relocate in Dobson, but county officials are still in the restaurant business in Elkin after a vote this week.
KCK police chief lease on county-owned house raises questions Kansas City Star
Kansas City, Kan., Police Chief Terry Zeigler has arranged to live for two years in a county-owned house in Wyandotte County Lake Park. But officials did not put ...
ALC inks deal to lease one new Boeing 737 MAX jet to Aeromexico | Aviation STAT Times
Air Lease Corporation (ALC) has inked long-term lease deal with Aeromexico for one new Boeing 737 MAX 9 aircraft.
Lease roundup: GreenWise Market inks lease at Main Las Olas & more The Real Deal Magazine
UPDATED: Dec. 7, 11:15 a.m.: GreenWise Market inks lease at Main Las Olas. Publix's GreenWise Market just inked a 28,000-square-foot, ground-floor lease at ...
Company proposes to lease parish airport property, make upgrades Opelousas Daily World
St. Landry Parish president Bill Fontenot said he plans to take no action at this point regarding a proposal by a privately owned management and consulting ...
Car Leasing Costs: Taxes and Fees U.S. News & World Report
When you lease a car, you pay for the vehicle's depreciation during the course of the lease, plus interest. While leasing gives you the opportunity to drive a car ...
Man allegedly leased hunting land he didn't own, stole thousands WXMI FOX 17 West Michigan
KENT COUNTY, Mich. -- All hunters need to check whose name is on a property deed before paying to lease the land. Josh Bruursema is accused of leasing ...
Reviewing Cow-calf Share and Cash Lease Agreements Drovers Magazine
The fall of the year is often a convenient time for those involved in cow-calf share and cash leases of spring calving cows to revisit the terms of the agreement.
State lawmakers seeking more oversight of toll road lease decisions Indianapolis Business Journal
State lawmakers are discussing ways to increase oversight of the Indiana Toll Road after the governor's recent plan for steep fee hikes on the road was ...
New company dominates North Slope lease sale | Local News Stories Mat-Su Valley Frontiersman
A Louisiana-based independent company formed just days before last Thursday's Alaska North Slope lease sale bid on and won rights to over half the acreage ...
SFWMD sugar land lease: Florida Wildlife Federation, Indian Riverkeeper file legal challenge - TCPalm
SFWMD sugar land lease: Florida Wildlife Federation, Indian Riverkeeper file legal challenge TCPalm
The Florida Wildlife Federation and Indian Riverkeeper Marty Baum are challenging the lease of land to be used for a reservoir to cut Lake Okeechobee ...
Bamco Inc. NY Sells 2,110 Shares of Air Lease Corp (AL) Fairfield Current
Bamco Inc. NY decreased its position in shares of Air Lease Corp (NYSE:AL) by 0.1% during the 3rd quarter, according to the company in its most recent 13F ...
O'ahu Real Estate 101: Own, Lease, Rent or Try a Sandwich HONOLULU Magazine
Understanding more options in the Honolulu real estate market.
Larimer County approves oil lease under Little Thompson Farm The Denver Post
Larimer County has approved a lease allowing Extraction Oil and Gas to horizontally drill beneath the Little Thompson Farm, a preserved property south of ...
Lease change raises fears about future of NTC Chapel - KUSI
SAN DIEGO (KUSI) – With all the new development at Liberty Station, you might not notice the North Chapel. Built in 1942, one year after the bombing of Pearl ...
Chicago buyer snaps up I-45 industrial park and lands lease with Amazon Dallas News
A Chicago-based property developer and investor has purchased a major industrial park in Wilmer.And the new owner of the Southport Logistics Park...
Trump administration readies to lease Atlantic offshore for oil exploration - Charleston Post Courier
Trump administration readies to lease Atlantic offshore for oil exploration Charleston Post Courier
The Trump administration Friday cleared the way for leases to explore for natural gas and oil offshore, with tracts off South Carolina among the waters up for ...
Oak Hills Park lease likely to include sit-down bar Thehour.com
NORWALK — Flat-screen televisions were recently mounted on the dining room walls of Clubhouse Grille at Oak Hills Park. A plan to build a sit-down bar awaits ...
Amazon Nails Down 1M Square Feet at One Court Square in LIC Commercial Observer
Amazon plans to lease 1 million square feet of office space at Savanna's One Court Square in Long Island City, Queens, the landlord announced in a press ...
Online Used Car Giant Off Lease Only Makes It Easier for Buyers in the… Virtual-Strategy Magazine
Online Used Car Giant Off Lease Only Makes It Easier for Buyers in the New York Area to Access its Inventory of 6500 Used Cars, Trucks, SUVs & Vans Nation's.
Chinese Gaming Firms Lease 30% of New Manila Offices Mingtiandi
Chinese gaming firms took up 30 percent of the 775000 square metres of office space built in the Philippine capital of Manila last year.
Water Managers Renew Sugar Company's Lease On Land Slated For Everglades Reservoir Project WLRN
Environmental groups and state water managers are sparring over land for an Everglades restoration project to help with Florida's algae blooms, following a.
City may lease dark fiber Elko Daily Free Press
ELKO – Elko City Council will be considering leasing a portion of the city's dark fiber asset to increase broadband availability within the city when it meets Nov.
Activists sue KCK over police chief lease deal 41 Action News Kansas City
Activists have filed a theft of housing lawsuit against the Unified Government of Kansas City, Kansas, based on a lease deal that KCK's police chief has with the ...
Canton Council seeks to lease 16-acre property for golf Canton Repository
CANTON City Council on Monday agreed to seek a lessee for nearly 16 acres of land southeast of the City *Service* Center. The stated purpose would be for “golf ...
Lease agreed for Bradley Lowery Foundation holiday home The Northern Echo
COUNCILLORS yesterday approved a lease for a parcel of land which will be used by the Bradley Lowery Foundation to build a holiday home for children…
Key Mack Trucks supplier Westport Axle signs lease for 517,500 square feet in Lower Macungie - Allentown Morning Call
Key Mack Trucks supplier Westport Axle signs lease for 517,500 square feet in Lower Macungie Allentown Morning Call
Westport Axle is heading south — by about 3 miles. The company, a key Mack Trucks supplier, is taking 517,500 square feet at 8801 Congdon Hill Drive in ...
Global Ship Lease Announces New Long-Term Charter Agreements GlobeNewswire
Secures new five-year time charters with CMA CGM for two high-specification, modern containerships at rates approximately 30% above current levels.
Racing group opts out of Les Bois Park lease 6 On Your Side
After a hard fought battle in November's midterm elections to legalize historical horse racing slot machines in Idaho didn't quite cross the finish line in first place, ...
Lawyer says Chelatchie rail lease not valid The Columbian
Critics of Clark County's plans to allow industrial development along the Chelatchie Prairie Railroad argue that an agreement key to the project allows a ...
Auditor-General Margaret Crawford slams NSW government's 2016 Ausgrid lease - The Australian Financial Review
Auditor-General Margaret Crawford slams NSW government's 2016 Ausgrid lease The Australian Financial Review
The NSW government's lease of the state's electricity network has come under renewed fire due to an Auditor-General report that slammed the government's ...
EAA reservoir: Sugar land lease for Florida Crystals subsidiary on SFWMD WRAC's agenda TCPalm
Developments with the EAA reservoir to cut Lake Okeechobee discharges, including the controversial sugar lease on the project site, will be discussed Thursday ...
Groups protest plans for possible lease sale in Beaufort Minneapolis Star Tribune
Federal regulators are preparing an environmental review for a possible offshore lease sale in Alaska's Beaufort Sea and environmental groups are calling foul.
Anchor tenant JC Penney renews Bangor Mall lease, manager says Bangor Daily News
The troubled Bangor Mall received some good news as JC Penney, one of its four anchor tenants, recently renewed its lease for multiple years, the mall's new ...
Children's museum finalizes lease for Carnegie building KOBI-TV NBC5 / KOTI-TV NBC2
MEDFORD, Ore. – City council finalized the lease for Medford kid museum, Kid Time. The children's museum won the contract in April after submitting their ...
Rockland man who used child's ID to lease cars sentenced to two years in jail - The Journal News | LoHud.com
Rockland man who used child's ID to lease cars sentenced to two years in jail The Journal News | LoHud.com
A Nanuet man who leased two cars with a fake identification that relied on a child's social security number was sentenced Thursday to two years in jail for ID theft ...
Loveland supports Lind with airport development land lease Loveland Reporter-Herald
The Loveland City Council voted unanimously Tuesday night in favor of leasing land at the Northern Colorado Regional Airport to a developer seeking to ...
Fayette County charter school renews lease Atlanta Journal Constitution
Liberty Tech Charter School will continue to lease the former Brooks Elementary School property in southern Fayette County for another five years. The Board of ...
Essendon lock in three-decade pokies lease The Age
Melton City Council voted unanimously on Monday night to approve a 29-year lease extension allowing the Essendon Football Club to continue operating ...
Oakland County may lease old animal shelter to dog breeding and training business - The Oakland Press
Oakland County may lease old animal shelter to dog breeding and training business The Oakland Press
The old Oakland County animal shelter located off Brown Road in Auburn Hills has been vacant for over a year.
Treasure Valley Racing pulls out of lease at Les Bois Park, leaving future of track uncertain - Idaho Press-Tribune
Treasure Valley Racing pulls out of lease at Les Bois Park, leaving future of track uncertain Idaho Press-Tribune
BOISE — Following the expensive and futile ballot effort to restore betting machines to Idaho horse tracks, Treasure Valley Racing notified Ada County it will not ...
BOEM releases potential lease plots for NY offshore wind SouthCoastToday.com
NEW BEDFORD — A draft released to the city by the Bureau of Ocean Energy Management on Wednesday afternoon showing the potential lease plots for ...
Port of St. Helens delays Global lease change The Columbian
LONGVIEW — Confronted by safety concerns, Port of St. Helens commissioners Wednesday postponed a decision on a proposal to expand the type and ...
Townsville council considers lease of unused water allocations Townsville Bulletin
TOWNSVILLE City Council could sell or lease water to farmers to offset the significant costs of reserving the citys water allocations from the Burdekin Falls Dam.
Nassau panels back Hub lease amendment Newsday
Two Nassau legislative committees on Monday approved an amendment to a lease between the county and operators of the NYCB Live's Nassau Coliseum, ...
Simao files suit over Watertown Golf Club lease with city WatertownDailyTimes.com
WATERTOWN — The owner of Ives Hill Country Club will file suit today against the City Council in an attempt to have the city's lease with Watertown Golf Club ...
Twin Falls County seeks to lease out more of County West Twin Falls Times-News
TWIN FALLS — Three local nonprofits may be getting a new home for Christmas.
SF’s eclectic nightclub Mezzanine faces closure; landlord won’t extend lease - San Francisco Chronicle
SF’s eclectic nightclub Mezzanine faces closure; landlord won’t extend lease San Francisco Chronicle
Mezzanine, a popular live music venue in San Francisco's Mint Plaza, is set to close next year as the property owner seeks to increase the rent as much as 600 ...
Beacon schools extend Dutchess Stadium lease; Renegades negotiations go on Poughkeepsie Journal
The Beacon City School District has agreed to extend Dutchess County's stadium land lease by another year, a move officials say is key to ongoing negotiations ...
Terms to Know Before Leasing A Vehicle - Leasing Jargon Simplified
So, you've decided that you want to lease that next vehicle. Can't really blame you. With today's incentives, rebates, and favourable lease rates why wouldn't you. Not only do you get to drive a new car, but a new car that you wouldn't otherwise be able to afford if you were to purchase and finance it. Buyer beware though. With leasing comes new and sometimes rather confusing vocabulary. Don't get lost in a sea of leasing jargon. Protect yourself. Learn and understand the industry language. For those seriously thinking of leasing that next vehicle, here is a useful glossary of "new" terminology that you should familiarize yourself with BEFORE you negotiate a lease:
Interim Rent: Equipment Leasing?s Trap Door
Many lessees enter into lease transactions that they believe are competitive based on faulty rate assumptions. Most lease rate calculations don't take interim rent into consideration. Interim rent is the trap door that allows lessors to receive increases in lease pricing. It is unpredictable and the amount can be arbitrary. By understanding how interim can impact your lease, you can close this trap door and enjoy the lease pricing you thought you negotiated.
How Venture Leasing Added Millions To A Startups Equity Value
Craig Berman beamed noticeably after completing his board presentation. Berman, CEO of a startup that develops nanotechnology applications for the defense industry, had just closed a $ 20 million equity round. Berman finalized the round at an equity valuation that made the whole board blush. Only six months earlier, Berman's team faced a daunting technical delay that set the company back three months. With only four months of cash remaining from a previous equity round, the delay would cause Berman's company to burn cash faster and to fall short of an important benchmark.
Ten Ways to Save a Bundle on Your Next Lease
According to the Equipment Leasing Association ("ELA"), U.S. businesses lease every thing from laptop computers to commercial airplanes, racking up more than $ 200 billion in equipment leased each year. Although four out of five U.S. companies use leasing to acquire equipment, many don't know the ins and outs of leasing well enough to negotiate a good deal. By focusing on a few key aspects of the lease transaction, you can save a bundle on your next lease and eliminate potential aggravation.
Equipment Leasing Blunders That Can Cost Your Firm a Mint
Rod McHenry, the financial vice president of a document imaging company, thought he had great cause for celebrating. He had signed an unbelievable $370,000 lease proposal covering computer servers, workstations, software and other networking equipment. McHenry believed he had snared an incredible lease rate, capping off weeks of negotiating an acceptable equipment price with the equipment vendor. The proposal guaranteed a lease closing and offered a return of the 2% 'commitment fee' paid by McHenry's company if the leasing company failed to give credit approval within two weeks. Little did McHenry know that signing this proposal would lead his company into the 'Twilight Zone' of equipment leasing. Ultimately, his firm would fork out more than $15,000 in legal fees seeking lessor performance, only to learn that the lessor was already insolvent and mired in several similar lawsuits.
True Tenant Tales, Volume One
Working with tenants can be an amazing experience. (Owners and contractors are equally astounding, but those are subjects for another day.) It seems I get my most memorable anecdotes over the phone. Here are a few of the ones I've culled from my blog and experience and put together for your reading amazement.
With a Lease, The Devil Is In The Details
In the last article we looked at a few of the things you should consider before leasing that first office or storefront for your business. To recap, you should not only consider the old standard "location, location, location," but also consider things like sufficient parking, the number of employees who will be working onsite, and future growth projections. I stressed that it was important not to get caught up in the moment. You should take your time to find the space best suited for your business for the long haul, not just for today.
The Lease And Purchase Option
If you have an investment property, should you rent it or sell it? The answer to that question is that you should do both. If you have lots of time on your hands and are handy with tools, you can choose to rent out your property. However, if you have several properties for rent, maintaining them can consume lots of your time. You can choose to hire someone else to maintain your properties, but it cost you money. And higher expenses mean lower profits. In addition to investing your time, finding good tenants for your properties is not easy. Tenants that choose to rent usually do it for a reason. They are usually having credit problems. In addition, most tenants do not take good care of your properties like they would their own homes. And when things go sour, they can mess up your house before they move out. Your goal is to find good tenants to rent your property, transfer the maintenance responsibility to them, and create incentives for them to eventually buy your property. Including the option to purchase to the least contract can eliminate most of the headaches associated with maintenance and dealing with bad tenants. There are several other benefits to the lease and purchase option.
The Leverage of the Lease
In today's rapidly changing business environment it makes sense to consider all the options before paying for your business equipment ? whether it's a photocopier, computer system, computer hardware or software, telephone system, security equipment, office furniture or anything else. Many business people will give great consideration to the actual purchase, getting quotes from different suppliers and considering different choices. When it comes to paying, however, they simply pay cash or use bank finance without fully exploring the available options.
What Happens When the Anchor Tenant Moves and You Are On a Ten-year Lease?
Recently there was an article in the Houston Business Journal of the anchor store in many shopping centers through out Houston pulling out. Kmart, took out some stores, so did three other big box stores and a few consumer electronics places and larger furniture stores, now Albertson's has left. Who gets hurt? The franchise stores who pay a high price and lease to be in those centers along side a big anchor tenant. Think about it, Albertson's with their large super stores with Banks in side, Starbucks coffee, bakery, mini eating area, film developing and pharmacy. Soon in Western States where property and land permit, on site carwashes too and also some already have fuel for your car, when you are a club card member. What if you had an MBE, Quiznos, Subway, Dry Cleaning, Travel Agency (as if things are not bad enough already), GNC, Hobby Town, Cost Cutters, etc.
Venture Leasing: Startup Financing On the Rise
According to Pricewaterhouse Coopers, investment by institutional venture capitalists in startups grew from less than $3.0 billion at the beginning of the 1990's to over $106 billion in 2000. Although venture capital volume has retreated significantly since the economic "bubble" years of the late 1990's, the present volume of around $ 19 billion per year still represents a substantial rate of growth. Venture capitalists will fund more than 2,500 high growth startups in the U.S. this year.
So You Want to be a Landlord?
The residual income from owning rental properties may bring more money into your life than the fast flip in the long term. If nothing else, the stress is reduced because a well-chosen investment will pay for itself until you the market is ready for you to sell. In order to make this idea work, you must plan carefully. Choose your property, choose your management approach, and choose your tenants carefully to make the most of your investment.
Smart Car Leasing for Beginners
Car leasing is extremely popular because it provides an attractive method of driving an automobile that you might not otherwise afford. It allows you to make lower monthly payments than with traditional car purchase loans. About one out of every four vehicles driven by automotive consumers in the United States are leased.
Basic Things You Should Know About A Lease Purchase Contract
What exactly is a contract?
Insiders Guide to Snaring the Best Lease Deal
Every year, thousands of business owners and financial managers are faced with the task of obtaining attractive financing for equipment their firms want to acquire. Snaring the best leasing arrangement requires only a bit of planning and a smidgeon of finesse. You can save time, land a better lease deal and make the leasing experience less of a conundrum by considering several important factors.
Using Equipment Leasing as a Competitive Weapon
Most great generals know how to design winning battle plans. They also know how to use their resources to gain advantages over the enemy. For these military leaders, getting enough tanks, aircraft, ships and armaments into the hands of the right personnel can spell military victory or defeat.
Landlord Tips And Tricks
Every real estate investor dealing in rental homes has done his own clean-up and fix-up, at least in the early years. Landlords also become very skilled at managing tenants after being burned a few times.
Increase Your Business Growth and Cash Flow Through Equipment Leasing
"If it can be manufactured, it can be leased." For the past decade or so, this statement has become more and more true to fact. From computer software to commercial aircraft, equipment leases are utilized day in and day out in a constantly changing and highly aggressive business environment worldwide. To gain or to keep the edge over their competitors, companies of every type and size are constantly looking for creative ways to conserve working capital while expanding operations. Many have turned to leasing their equipment to help in the effort. For this reason, the leasing industry is being defined as a major player in equipment financing today.
What to Consider Before Leasing a Car
Some people choose to lease a car rather than buying one outright. Here are some useful tips on what to consider before leasing a car:
Leases And Tenants - The Spooky Tenant
You, Mr. Landlord are pleased to find qualified tenants for your rental house. The man and woman sign a one-year lease on Tuesday.
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