Leasing

Net Lease Corporate Real Estate ETF (NYSE Arca: NETL) Surpasses $100 Million Milestone in Assets Under Management

Retrieved on: 
Tuesday, July 20, 2021

Fundamental Income, a Phoenix-based net lease real estate platform, announces the Net Lease Corporate Real Estate ETF (NYSE Arca: NETL) has surpassed $100 million in assets under management. NETL is the first and only publicly traded ETF to define the net lease sector as a pure play. The fund tracks the Fundamental Income Net Lease Real Estate Index, calculated by NASDAQ, which is comprised of 25 publicly traded equity REITs totaling over $150 billion in market cap and collectively offers investors exposure to all 50 states, 26,000+ properties, 40+ industries, and more than 3,000 tenants.

Key Points: 
  • Fundamental Income , a Phoenix-based net lease real estate platform, announces the Net Lease Corporate Real Estate ETF (NYSE Arca: NETL) has surpassed $100 million in assets under management.
  • NETL is the first and only publicly traded ETF to define the net lease sector as a pure play.
  • In addition to founding the Net Lease Real Estate Index, the Company also raised $500 million of equity from a fund managed by Brookfield Asset Management (NYSE: BAM) to build a private, net lease platform.
  • The Index includes only equity REITs which derive the majority of their revenue from net leases, i.e., Net Lease REITS.

Visual Lease Ranked a Top Software Company of 2021

Retrieved on: 
Thursday, July 15, 2021

Visual Lease , provider of the #1 lease optimization software, has been ranked among the Top 100 Software Companies of 2021 by The Software Report.

Key Points: 
  • Visual Lease , provider of the #1 lease optimization software, has been ranked among the Top 100 Software Companies of 2021 by The Software Report.
  • Visual Lease was the only lease accounting and administration software company to have been included on the list.
  • The Software Report evaluated The Top 100 Software Companies of 2021 based on certain criteria, including software product quality, management team caliber and company culture.
  • Visual Lease is the provider of the #1 lease optimization software for managing, analyzing, streamlining and reporting on lease portfolios.

Duuo launches Easy-Estimate API in partnership with property management platform, Tenantcube

Retrieved on: 
Tuesday, July 13, 2021

Duuo's new Easy-Estimate API allows tenants to get a quick tenant insurance quote within the Tenantcube platform, making the journey to purchasing insurance faster, and more efficient.

Key Points: 
  • Duuo's new Easy-Estimate API allows tenants to get a quick tenant insurance quote within the Tenantcube platform, making the journey to purchasing insurance faster, and more efficient.
  • By the end of Q3 Duuo will also enable users to complete their tenant insurance purchase within the Tenantcube platform.
  • Tenantcube was founded by an Ontario-based landlord who wanted to completely revolutionize the renting experience for owners, property managers, realtors and tenants.
  • What sets Tenantcube apart is the affordability of their products while compared to traditional methods of property management.

iStar Sets Second Quarter 2021 Earnings Release Date and Webcast

Retrieved on: 
Monday, July 12, 2021

iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on institutional quality properties.

Key Points: 
  • iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on institutional quality properties.
  • As the founder, investment manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the creator of the modern ground lease industry, iStar is using its national investment platform and its historic strengths in finance and net lease to expand the use of modern ground leases within the $7 trillion institutional commercial real estate market.
  • Recognized as a consistent innovator in the real estate markets, iStar specializes in identifying and scaling newly discovered opportunities and has completed more than $40 billion of transactions over the past two decades.
  • Additional information on iStar is available on its website at www.istar.com .

Visual Lease Introduces GASB 87 Complete

Retrieved on: 
Monday, July 12, 2021

Visual Lease , provider of the #1 lease optimization software, today announced GASB 87 Complete , a full end-to-end lease accounting solution for state and local governments and other public sector entities.

Key Points: 
  • Visual Lease , provider of the #1 lease optimization software, today announced GASB 87 Complete , a full end-to-end lease accounting solution for state and local governments and other public sector entities.
  • GASB 87 Complete provides entities with Visual Leases industry-leading lease accounting and management software combined with all-inclusive, multi-tiered customer training and support.
  • "For government and public entities, there is simply no time to waste regarding GASB 87, said Joe Fitzgerald, SVP of Market Strategy at Visual Lease.
  • GASB 87 Complete package users will benefit from:
    Industry-leading lease administration capabilities to easily manage critical dates, monitor obligations and track data across their entire lease portfolio.

ACIA Aero Leasing Expands Customer Base in North America with Lease of Four Engines to Mexico’s TAR Aerolíneas

Retrieved on: 
Tuesday, July 6, 2021

ACIA Aero Leasing (ACIA), a leading provider of regional aircraft leasing and lease management services, and Mexico-based TAR Aerolneas have finalized the agreement for the lease of four Rolls-Royce AE 3007A engines to support the carriers Embraer ERJ145 fleet, broadening the lessors global customer base with market entry into the Mexico region.

Key Points: 
  • ACIA Aero Leasing (ACIA), a leading provider of regional aircraft leasing and lease management services, and Mexico-based TAR Aerolneas have finalized the agreement for the lease of four Rolls-Royce AE 3007A engines to support the carriers Embraer ERJ145 fleet, broadening the lessors global customer base with market entry into the Mexico region.
  • Our entry into the Mexican market solidifies our targeted presence in North America in yet another exciting development for our expanding platform, asserted ACIA Aero Leasing Chief Executive Officer Mick Mooney.
  • www.tarmexico.com
    ACIA Aero Leasing (ACIA), a subsidiary of ACIA Aero Capital, is a leading regional aircraft lessor with offices in Ireland, Mauritius, France, Canada, and South Africa.
  • Through our strategic partnerships, ACIA provides airlines with turn-key leasing solutions from dry leasing through to charter operations.

Sealy & Company Caps Off Strong Q2 with Two Acquisitions Within a Week

Retrieved on: 
Thursday, July 1, 2021

Sealy & Company acquires the two Oklahoma City multi-tenant industrial assets in a submarket in which it has significant experience and knowledge.

Key Points: 
  • Sealy & Company acquires the two Oklahoma City multi-tenant industrial assets in a submarket in which it has significant experience and knowledge.
  • Sealy & Company has had a terrific year celebrating 75 years as a company.
  • Sealy & Company purchased the Oklahoma property from Industrial Developers of Oklahoma and the Class A property in Houston from DuPar, Inc. in a sale-leaseback transaction.
  • Sealy & Company has an exceptional team of over 100 employees, located in eight offices, with corporate offices in Dallas, Texas and Shreveport, Louisiana.

Cap Rates For Net Lease Retail and Industrial Properties Rise - The Boulder Group

Retrieved on: 
Thursday, July 1, 2021

In the second quarter cap rates in the single tenant net lease sector rose slightly after hitting historic low levels in the previous quarter.

Key Points: 
  • In the second quarter cap rates in the single tenant net lease sector rose slightly after hitting historic low levels in the previous quarter.
  • Single tenant retail cap rates increased by 11 basis points to 6.02% while industrial increased by 18 basis points to 6.89%.
  • "Following a quarter of historic pricing for the net lease sector, owners of lower quality assets brought properties to the market in attempt to take advantage of current cap rate levels," says Randy Blankstein, President, The Boulder Group.
  • To view the full report: https://bouldergroup.com/media/pdf/2021-Q2-Net-Lease-Research-Report.pdf
    The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties.

Visual Lease Named High Performer and Momentum Leader by G2

Retrieved on: 
Wednesday, June 30, 2021

Visual Lease , provider of #1 lease optimization software, has been identified by G2 as a High Performer in the Summer 2021 quarter for Lease Administration Software.

Key Points: 
  • Visual Lease , provider of #1 lease optimization software, has been identified by G2 as a High Performer in the Summer 2021 quarter for Lease Administration Software.
  • G2 also identified Visual Lease as a Momentum Leader in its Lease Administration Software Momentum Grid Report, based on a composite score that combines a products growth indicators with customer satisfaction ratings.
  • We are honored to have been recognized as a high performer and momentum leader in our space, said Marc Betesh, founder and CEO of Visual Lease.
  • Visual Lease is the provider of the #1 lease optimization software for managing, analyzing, streamlining and reporting on lease portfolios.

Leverage Car Ownership to Drive Revenue, Not Expenses: Push Start Auto Introduces an Innovative Unique Platform to Help Consumers Find Affordable and Flexible Vehicle Leasing While Enabling Car Owners to Monetize Their Assets

Retrieved on: 
Wednesday, June 30, 2021

Inspired by the overwhelming response to their business experiment, the Harrises recently decided to introduce an innovative Atlanta-based company called Push Start Auto, a new peer-to-peer car-sharing platform built to help consumers find affordable and flexible vehicle leasing while enabling car owners to monetize their assets.

Key Points: 
  • Inspired by the overwhelming response to their business experiment, the Harrises recently decided to introduce an innovative Atlanta-based company called Push Start Auto, a new peer-to-peer car-sharing platform built to help consumers find affordable and flexible vehicle leasing while enabling car owners to monetize their assets.
  • "At PSA, our mission statement is 'Give to Receive and Receive to Give'," said Andre, co-founder of Push Start Auto.
  • The top benefits of the Push Start Auto marketplace platform include:
    Offer flexible month-to-month leasing contracts and lease-to-own options on a peer-to-peer basis.
  • Push Start Auto is a new peer-to-peer and month-to-month car leasing platform built to help car owners to monetize their assets while enabling consumers to find affordable and flexible vehicle leasing.