Net Lease Influencers
By Ericka Morphy
View the article from September 2, 2022, at GlobeSt.com
LCN Capital Partners has been selected by GlobeSt. as a Net Lease Influencer for 2022. GlobeSt noted, “Net lease has always been a stable asset class, attracting investors intrigued by its regular cash flow and strong fundamentals. Now it is wobbling a bit as the economic uncertainty clouds pricing but few believe that will last long. Still, it is times like these that require the best of the best to navigate the space and we are confident we have picked that crew in our 2022 net lease influencers.”
GlobeSt highlighted LCN with the following, “Founded in 2011, LCN Capital Partners is led by co-founders and managing partners Edward LaPuma and Bryan Colwell. As a pioneer in the net lease space since the mid-1990s, LaPuma has led LCN to define the primary market vs. secondary net lease space. The firm’s single strategy is to directly originate and negotiate deals with corporate owner-occupiers instead of purchasing pre-leased properties on the secondary market. As a result, the company offers the opportunity to provide an alternative source of capital to business leaders by monetizing their corporate real estate, while also providing consistent income to investors. LCN is one of the only players in the space with a dedicated team across both the US and Europe. During the height of the pandemic, LCN was able to collect 100% of its rents without having to abate or forfeit any payments; an accomplishment it attributes to strong tenant-client relationships and its underwriting and monitoring of all assets. In 2021, the firm closed on $1 billion of real estate assets, and it additionally closed its largest two funds for a combined total of more than $1.3 billion. Notable recent deals for the firm include Nokia’s state-of-the-art research and development facility in Oulu, Finland, and several facilities that produce the Creminelli Fine Meats and Daniele Inc. charcuterie meats.”
LCN would like to congratulate our fellow influencers and thank GlobeSt for the recognition.
About LCN Capital Partners
Founded in 2011 by Edward V. LaPuma and Bryan York Colwell, LCN has assets under management in excess of $6.0 billion across its seven funds. Headquartered in New York City, LCN also has offices in London, Palm Beach, Amsterdam, Cologne, and Luxembourg.
LCN Capital Partners is a recognized leader in the primary sale-leaseback and build-to-suit markets, where investments and leases are directly originated with corporate users of mission-critical real estate. LCN delivers a long-term solution for its tenant-clients by providing a non-bank capital resource, efficient monetization of on-balance sheet real estate, continued operational control of key assets, enhanced financial metrics, and potential tax benefits. In addition, LCN’s investing partners benefit from the long-term and inflation-protected distributions that it supplies. For more information, please visit: https://www.lcnpartners.com/.