January 21, 2025 – SLB Capital Advisors cited by Commercial Real Estate Direct in overview of SouthState Bank sale leaseback
Scott Merkle, Managing Partner at SLB Capital Advisors was cited by Commercial Real Estate Direct in an overview of SouthState Bank’s 170 branch sale leaseback
“Because of the increase in book value-vis-a-vis the gain from the sale leaseback transaction, SouthState can offset losses in their investment portfolio,” said Scott Merkle, Managing Partner of SLB Capital Advisors, a New York advisory firm that helps companies extract value from their real estate
“Since many bank investment portfolios have losses resulting from elevated Treasury yields, sale-leaseback volume in the banking sector is likely to rise,” he added, noting that investor demand for real estate that could be leased back to their sellers is healthy
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