[Massplanners] Ground Leases for Multi-family, mixed use, mixed income

[Lynne D. Sweet]

Good Morning:
I am hoping that some of you that work for municipalities on this list serve may have entered ground leases relative to municipal owned property that is being developed and utilized by a private party for multi-family housing with a large affordable component (or otherwise).
I working for a municipality to evaluate its business deal with a developer and would welcome any or all of the following information:

  1.  Length of the lease
  2.  Basic Lease Terms:  Up front payment, payment over time, payment at capital event etc.
  3.  Basic use of property, income mix
Thank you so much for your help on this.
Lynne

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Lynne D. Sweet
Principal
LDS Consulting Group, LLC
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