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ground lease
(redirected from Ground Leases)

   Also found in: Financial 0.01 sec.
ground lease
A legal contract for the lease of land; contains an agreement that the lessee is obligated to pay rent each year for the use of the land for the duration of the contract; the lessee usually builds on the land but the buildings so constructed must be turned over to the land’s owner at the termination of the contract.


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ATLANTA, May 19 /PRNewswire/ -- Communications Capital Group, LLC ("CCG"), an acquirer of cellular ground leases and other wireless infrastructure assets, has received a substantial equity investment and future capital commitment from Ulysses Management and Tenth Avenue Holdings, two private investment firms with aggregate assets under management in excess of $1.
Mortgage giant Fannie Mae has announced that it will back loans on homes in Battery Park City, according to Crain's, after an in-depth review of the neighborhood's ground leases.
The university previously entered ground leases with private developers for the other two large buildings in the research park.
 
 
 
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