(Updated November 2011)
What are the advantages of ground leases? What terms and conditions should be considered? Find information and the latest news on ground leases including financing and valuation. (D. Foligno, Project Specialist)
Ground Lease Terminology
- Term of lease
- Feasibility period
- Permitted use & development
- Leasehold mortgagee provisions
- Casualty & condemnation
- Exit strategies
Source: Ground lease primer: "dealing" with the intimidating ground lease, (Real Estate Finance, Dec. 2003).
Ground Lease Basics
Negotiating long-term ground leases for build-to-suit buildings, (Jeffrey O'Brien, esq.com, 2011).
Instructions for leasehold projects, (HUD, May, 2011).
The ABCs of ground leases, (SIOR, 2nd quarter 2008).
Ground lease 101, (Realty Times, Oct. 24, 2006).
Ground control, (Commercial Investment Real Estate, May/June, 2006).
Fannie Mae Form 4326, Ground lease requirements, (eFannieMae.com, May 2000).
Ground Lease News
Controversial part of ground rent law overturned, (Baltimore Sun, Oct. 25, 2011).
Should you buy property on leased land? (Investopedia.com, July 4, 2011).
Why I bought in a land-leased building, (Brick Underground.com, Mar. 2, 2011).
Ground Leases and the Credit Crunch: Fresh Opportunities, (Morgan Lewis Real Estate Strategies, Apr. 2009).
A creative tool in the current economy, (Minnesota Real Estate Journal, Jan. 2009).
Ground control: owners and developers unearth opportunities through creative land leases, (Commercial Investment Real Estate, May/June 2006).
Valuing & Financing Ground Leases
How to maximize ground leases to finance hotel projects, (RevMax Consulting, Aug. 12, 2011).
A reality check on ground lease reversions, (Appraisal Journal, Winter 2009).
Qualified ground lease lenders can help borrowers save time and money, (CCIM, Sept./Oct. 2008).
Adding Value Before Breaking Ground: Keys to a Financeable Ground Lease, (Lorman Educational Services, Oct. 2007).
eBooks & Other Resources
The following ebooks and digital audiobooks are available to NAR members:
Commercial Real Estate Investment, Adobe PDF eBook
Books, Videos, Research Reports
The Truth About Ground Leases, (Practising Law Institute, Sept. 2011)
Leases/Leasehold Estates and the Surveyor—White Paper, (Land Surveyors Advisory Council on Technical Standards, Dec. 3, 2010)
Field Guides & More
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