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In 2005 the building was sold by TIAA-CREF to Triple Net Properties, a real estate company based in Santa Ana, California, for $95 million. [2] It had an assessed value of $89.2 million in 2005. [3] [4]
NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida. [1]
Another variation of the NNN lease is the NN lease, or "Net-Net" lease, which is pronounced "double net" where the "net" amounts generally are property tax and insurance. [1] Double net leases, like triple net leases, are usually, though not always, single-tenant arrangements. However, the landlord carries some extra financial maintenance ...
Consolidated Tomoka Acquires Five Triple Net Properties for $12.8 Million in Orange County, CA DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Consolidated-Tomoka Land Co. (NYSE MKT: CTO) announced today ...
David Greene is a real estate investor and host of BiggerPockets' "The Real Estate Podcast". He has bought, renovated and managed more than 50 single-family rental properties. He owns multifamily...
VineBrook Homes Trust, Milwaukee's largest single-family landlord, might not be able to pay its bills next year. With a $1.2 billion debt coming due in 2024, VineBrook's Dallas-based executives ...