Sale of Childcare Business in Atlanta Market
HINGE announced today that it completed a long-term lease transaction and related real property purchase in the metro Atlanta market with one of the nation’s largest child care companies. Hinge negotiated the long-term lease for the multi-site child care operator while simultaneously coordinating the purchase of the real estate for a separate investment buyer. The childcare operator benefited by entering into a long-term lease with attractive terms and the real estate investment buyer took advantage of creative financing options. Hinge's experience with the nation’s largest child care operators and its extensive relationships with real estate investors allowed it to complete the complicated transaction in a timely fashion for both parties. The transaction represents one of the first such multi-party transactions completed in the market since the credit markets tightened in 2008.