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The right of acquisition : options in commercial real estate / Craig Furfine & Mitchell Petersen.

Av: Medverkande: Materialtyp: TextSerie: Utgivningsuppgift: [London] : SAGE, 2016Beskrivning: 1 online resource : illustrations (black and white, and colour)Innehållstyp:
  • text
  • still image
Medietyp:
  • computer
Bärartyp:
  • online resource
ISBN:
  • 9781473972285 (ebook) :
Ämnen: DDK-klassifikation:
  • 332.6324 23
Onlineresurser: In April 2012 Bill Nichols, a financial analyst at the real estate investment firm Koenig Capital, was about to enter a unique lease renegotiation. One of Koenig's tenants, Hasperat Inc., had sixteen years left on its long-term lease of the Kelley Building, a 165,000-square-foot office building in downtown Cleveland. The lease contained a clause giving Hasperat the option to buy the Kelley Building from Koenig. This study details what then happened when Nichols tried to place a mortgage on the property.
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Originally Published in: Furfine, C., & Petersen, M. (2014). The Right of Acquisition: Options in Commercial Real Estate. 5-114-001. Evanston, IL: Kellogg School of Management, Northwestern University.

In April 2012 Bill Nichols, a financial analyst at the real estate investment firm Koenig Capital, was about to enter a unique lease renegotiation. One of Koenig's tenants, Hasperat Inc., had sixteen years left on its long-term lease of the Kelley Building, a 165,000-square-foot office building in downtown Cleveland. The lease contained a clause giving Hasperat the option to buy the Kelley Building from Koenig. This study details what then happened when Nichols tried to place a mortgage on the property.

Description based on online resource; title from home page (viewed on May 3, 2016).

Licensed e-book