In the race to remain competitive, companies are constantly trying to find new sources of capital. One source of cash that companies are increasingly tapping, Smith, Gambrell & Russell partner David J. Burge said, are the real estate assets listed on their balance sheets.
Last month Burge advised one of the largest makers of frozen pizzas, Schwan Food Co., on such an agreement. Called a sale-and-leaseback transaction, the deal allows a company to unlock the cash that’s tied up in real estate it owns.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
