For businesses that manufacture products, provide services, or administer care, monetizing owned real estate through the sale-leaseback capital markets can provide a compelling alternative to traditional financing. Unlike a conventional mortgage or other forms of debt, a properly structured sale-leaseback can unlock up to 100% of the value of the underlying real estate without personal recourse, many of the restrictive covenants associated with traditional debt, or the ownership dilution that comes with raising outside equity. This allows businesses to redeploy capital that would otherwise remain tied up in land and buildings into areas more directly connected to growth and profitability, including operations, equipment, hiring, acquisitions, and market expansion. The opportunity can be particularly compelling for businesses operating in rural or secondary markets where real estate appreciation may lag the growth of the underlying business. For example, if a facility is appreciating at approximately 4% annually while demand for the company’s products or services is growing at 10%, the capital tied up in that real estate may carry a meaningful opportunity cost. Redeploying that capital into the operating business could provide greater potential to increase profitability and capture additional market share. If you currently own a business with real estate and would like to better understand what the sale-leaseback capital markets may be able to accomplish for your company, please reach out. redacted