The company was looking to monetize its owned real estate for the purpose of paying down debt. It had initially pursued a sale leaseback with a party who failed to perform.
AIC Industrial’s Solution
AIC Industrial completed a formal underwriting and approval process within a few days and agreed to terms with the company on the sale leaseback transaction. AIC Industrial was able to help the company pay down their debt by paying full market value for the real estate and closed the transaction in 29 days.