
What is a sale-leaseback?
In a sale-leaseback, a company sells its real estate to an investor like W. P. Carey for cash and simultaneously enters into a long-term lease. In doing so, the company extracts 100% of the property’s value and converts an otherwise illiquid asset into working capital to reinvest in its business or pay down debt, while maintaining operational control.
Sale-leaseback case studies

Stanley Black & Decker
$94 million capital injection to fund growth initiatives of S&P 500 global tool manufacturer.
Turkey Hill
$84 million in sale-leaseback capital provided to PE-sponsored ice cream and beverages brand.