Veteran CRE Pros Launch Sale Leaseback Advisory Group – Globe Street

A group of commercial real estate and banking veterans have formed New York-based SLB Capital Advisors. The newly launched real estate advisory firm will be focused on sale-leaseback and merger-and-acquisition-related real estate transactions.

SLB Capital Advisors spoke with Les Shaver at Globe Street regarding the firm’s launch.

Stephen Cheng: “In this current market environment, sale-leasebacks are even more topical, as businesses seek attractive means of raising capital.”

Scott Merkle:  “Many [private equity firms] have valuable capital tied up in the real estate of their portfolio companies, and most private equity firms prefer to be business investors rather than real estate investors.  Sale-leaseback capital can be redeployed by operating businesses to fund M&A or internal growth initiatives, and importantly can create real value.”

Matt Wrobleski: “The expertise required to identify arbitrage opportunities, as well as to develop financial impact and credit analyses, requires specialized expertise not found in the typical real estate intermediary’s business model.”