GraceCapital.com is pleased to announce the closing of a 99 Year Ground Lease (GL) in Spring Branch Texas for a Hospitality and Event Center providing the developer approximately $4,642,500 in funds based on the future expanded stabilized value

The GL offers property owners and developers an opportunity to add leverage and increase returns in their investments. When developers and owners elect to enter into a GL, they are able to access more efficient construction or permanent capital while reducing the equity needed.

With a ground lease, the property owner retains ownership and operational rights to their current or future improvements while making ground lease payments to the GL. This allows the property owner to receive a lump sum payment for an estimated 35% of the value of the future stabilized improvements. Plus, the developer always has the right to buyout the GL anytime during the GL term.