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The sale-leaseback business has certainly evolved since the first transaction in the 1950s, however the major benefits for the seller/lessee still remain today. Roughly 60% of corporate real estate in the United States is leased (versus owned), typically for reasons such as tax and accounting advantages, operational flexibility and a lower cost of capital. While credit unions can benefit from all of the aforementioned items, there is one major advantage that is specific to the credit union industry.
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