60 likes | 344 Views
Master Tenant Partnership: Inverted Lease. Principal (Managing Member) (Sponsor). Master Tenant Partnership 1. Investor (Tax Equity Investor). 1% “flips” to 95%. 99% “flips” to 5%. Developer Partnership (Lessor). ?% 2. ?% 2. Head Lease of Historic Building.
E N D
Master Tenant Partnership: Inverted Lease Principal (Managing Member) (Sponsor) Master Tenant Partnership1 Investor (Tax Equity Investor) 1% “flips” to 95% 99% “flips” to 5% Developer Partnership (Lessor) ?%2 ?%2 Head Lease of Historic Building Elect to Pass ITC To “lessee” – Master Tenant Partnership MasterTenant Partnership1 1% “flips” to 95% 99% “flips” to 5% Sublease of Historic Building Retail Business 1 These are the same entity. 2 No guidance was provided as to parameters of these percentage interests.