09-28-2005, 09:38 AM
| | General Characteristics of Institutional Buyers on the Shorter Net Lease
In our experience, several institutions will look at shorter term investment
grade net leases with terms down to the approximate neighborhood of five to
eight years, depending principally on geographies, creditworthiness and
Alternately, a smaller number of institutional buyers might do so if there
is a special industry knowledge or an identifiable "comfort level"with the
Also, there is a developing niche of yield-buyers, who will consider buying
leases at lesser terms----but only at yields commensurate with the perceived
The ideal submission will be of at least $5 million.
If you wish to pursue a specific venture in this arena of shorter net
leases, please call Mr. Margolin of Chilmark Associates Inc. at 203-353-0897.
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