April 9, 2025 – PERE cited SLB Capital Advisors in overview of 2024 activity, bank sale leasebacks, and first look into 2025
“We remain cautiously optimistic that the sale leaseback market will expand further in 2025 in terms of the number of transactions and the total dollars raised,” Merkle said.
While sale leasebacks have often been utilized by industrial owners, regional banks have become a prime target for such deals
“They’re sitting on unrealized losses, and they can get a gain on book value to offset those losses if they execute a sale leaseback,” said SLB Capital Advisors’ Managing Partner Scott Merkle. “Whether we see other multi-hundred-million-dollar sale leasebacks from mid-sized banks like this? I wouldn’t be surprised if we do.”
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