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Another variation of the NNN lease is the NN lease, or "Net-Net" lease, which is pronounced "double net" where the "net" amounts generally are property tax and insurance. [1] Double net leases, like triple net leases, are usually, though not always, single-tenant arrangements. However, the landlord carries some extra financial maintenance ...
Bridge Investment Group Holdings Inc. is an American alternative investment company headquartered in Salt Lake City, Utah. The company focuses on investments in the real estate sector as well as credit investments. It has expanded into other areas such as the private-equity secondary market, property technology, and renewable energy.
The Canopy Group is an American investment and property management firm founded by Ray Noorda in 1995 through the Noorda Family Trust.It is headquartered in Lindon, Utah.At various times it has consisted of, or been known as, Canopy Technologies, Canopy Properties, and Canopy Ventures.
However, this sale-leaseback transaction stuck Prospect's hospitals with triple-net leases, requiring that the hospitals pay rent, property taxes, and maintenance on the properties. [3] In 2021, Leonard Green once again attempted to sell the chain, this time aiming to sell to Prospect's other part-owners, David Topper and Sam Lee.
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
Daybreak Parkway station platform. The Red Line of the Utah Transit Authority's (UTA) light rail system (via the Daybreak Parkway station and South Jordan Parkway station) gives the residents of Daybreak and the southwest Salt Lake Valley access to downtown Salt Lake City and the University of Utah, as well as connections to the Salt Lake City International Airport.
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