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CapLease Reveals New Debt in Q2 Call

European capital on the equity side and franchise loans on the debt side are two new initiatives Capital Lease Funding Inc. is using to grow its business. There are hints at other growth-minded developments in the future, too.

By Michelle Napoli | Updated on August 18, 2006

Michelle Napoli is editor of Net Lease forum, from which this article is excerpted.

New York City—European capital on the equity side and franchise loans on the debt side are two new initiatives Capital Lease Funding Inc. is using to grow its business. There are hints at other growth-minded developments in the future, too.

“We continue to examine opportunities in addition to our ordinary course of business and those I just mentioned,” CEO Paul H. McDowell said during the REIT’s second quarter conference call on Aug. 3. “We believe we will further significantly leverage our operating platform and grow CapLease significantly in the years ahead.”

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