Transactions

Acquisitions

  • Acquired and sold properties since 1991 with an approximate aggregate asset value in excess of $30 million as principal through various limited liability companies. Notable tenants include Fed Ex Corporation, Starbucks, DaVita, Dollar General and Chipotle Mexican Grill
  • One Boeing 767-300ER Aircraft subject to a lease with Air Canada; upon lease expiration, extended lease for seven years at a significantly higher rate and completely renegotiated return conditions in favor of lessor; subsequently sold aircraft with lease attached to a private investor for substantial gain
  • Three Boeing 767-300ER and one Boeing 747-400 aircraft subject to a lease with United Airlines; subsequently involved in the sale to a private investor
  • Leased one Boeing 727-200 Advanced aircraft to Continental Airlines; arranged non-recourse financing from an asset-based lender; sold aircraft to Capital Cargo Airlines within three months of lease expiration with Continental for significant gain
  • Leased one Boeing 737-200 Advanced aircraft to US Airways
  • Leased two MD-82 aircraft to Continental Airlines; arranged debt financing for acquisition and utilized a unique financial structure with a residual value guarantee to complete the transaction
  • Leased one Pratt & Whitney 4158 engine to United Technologies Corporation and sold within one year for substantial gain

Advisory

  • Originated $32 million acquisition of aircraft portfolio and arranged non-recourse debt financing/disposition of certain portfolio's assets at significant gain while retaining a continuing residual interest
  • Arranged sale to institutional investor of four Boeing 727-200 aircraft leased to a major US airline