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Goldman Sachs to Buy Net-Lease Specialist LCN Capital in $410Mln

SLB Capital Advisors cited in Commercial Observer’s writeup of Goldman Sachs’ acquisition of LCN.

Goldman Sachs has agreed to acquire LCN Capital Partners, a New York investment manager specializing in the net leased property sector, in a deal valued at $410 million.

“While capitalization rates in the sale leaseback sector increased slightly . . . during the first quarter, the strategy still provides a compelling cost advantage when compared with most companies’ borrowings, according to analysis by SLB Capital Advisors, a New York advisory firm that specializes in the sale leaseback sector”.

Read the full article here.

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