Ponce Financial institution serves NYC metro communities by emphasizing the significance of private banking and by selling native financial growth. “Our executives and workers mirror the variety of the good native communities we serve,” acknowledged Ponce Financial institution CFO Frank Perez. “These strategic sale leasebacks enabled us to serve our communities higher.”
“Ponce is a top-tier Minority Depository Establishment and Group Improvement Monetary Establishment,” famous SLB Capital Advisors Principal, Stewart Riggs, “These designations, mixed with main credit score metrics, resonated with each private and non-private sale leaseback patrons.”
Riggs continued, “Sale leasebacks of branches and different owned property allow firms to re-allocate capital from actual property towards their core companies.”
Scott Merkle, Managing Companion of SLB, commented, “Now could be an impressive time for monetary establishments, in addition to every other company house owners of actual property, to think about monetizing owned actual property.” He famous that prime company actual property demand and favorable pricing, mixed with a long-term lease, drives worth for sellers, and particularly for nicely capitalized banks akin to Ponce.
Merkle famous that sale leasebacks are more and more considered as a core financing strategic various. “The sale leaseback transaction sits on the intersection of company finance and actual property, and our staff’s experience in each disciplines makes SLB Capital Advisors uniquely certified to advise traders and company house owners on this house.”
About Ponce Financial institution:
Based in 1960, Ponce Financial institution has earned a fame for serving the wants of communities by emphasizing the significance of private banking and by selling native financial growth. Ponce Financial institution is wholly-owned by Ponce Monetary Group which is publicly traded on the NASDAQ and operates 13 department areas and 5 mortgage mortgage workplaces all through Metropolitan New York. The financial institution has the excellence of getting been acknowledged as a Minority Depository Establishment (MDI”), Group Improvement Monetary Establishment (“CDFI”) and a licensed Small Enterprise Administration (“SBA”) lender, permitting it to serve a broad spectrum of the various New York Metropolis metro inhabitants.
SLB Capital Advisors is an actual property advisory agency targeted on sale leasebacks and M&A-related actual property transactions. SLB Capital Advisors leverages its experience in sale leasebacks and company finance to assist firms and personal fairness teams acknowledge worth arbitrage alternatives, improve returns and strengthen stability sheets. SLB Capital Advisors is headquartered in New York Metropolis.
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SOURCE SLB Capital Advisors