Ground leases present a host of financeability concerns in addition to the term of the lease, and this article will address two of these issues pertaining to limitations on permitted uses and subletting.
In our June edition of REF News and Views, we further explored the growing field of sustainability-linked loans by introducing and outlining the Sustainability-Linked Loan Principles (“SLLP”) and the SLLP core components. In this Part 3 of our series, we will focus on the selection of key performance indicators and calibration of sustainability performance targets of the Core Components.
Here is a rundown of some of Cadwalader's recent work on behalf of clients.