Abstract: Methods of consolidating independent owners of distribution warehouses into an investment corporation for purposes of achieving economics of scale, for obtaining favorable mortgage financing and for creating a vehicle to enable periodic refinancing and investment of proceeds from such refinancing in real estate opportunities. The investment corporation is formed and independent owners of distribution warehouses are assembled and selected to participate in the investment corporation. The participants' retain ownership of their warehouse but lease the warehouses to the investment corporation that in turn sub-leases the warehouses back to each participant and agrees to pay the participant's mortgage financing for the warehouse. The participants agree to pay rent to the investment corporation, which is used by the investment corporation to pay the mortgage financing and to acquire income-producing investments that may distributed to the participants in the form of a dividend.

Abstract: Methods of consolidating independent owners of distribution warehouses into an investment corporation for purposes of achieving economics of scale, for obtaining favorable mortgage financing and for creating a vehicle to enable periodic refinancing and investment of proceeds from such refinancing in real estate opportunities. The investment corporation is formed and independent owners of distribution warehouses are assembled and selected to participate in the investment corporation. The participant enters in a sale-leaseback agreement with the investment corporation and transfers title in their warehouses to the investment corporation. The investment corporation finances the purchase of the warehouses by securing a non-recourse loan with at least a seven to ten year term, serviced on at least a seven to ten year debt payment schedule.

Abstract: Methods of consolidating independent owners of distribution warehouses into a Real Estate Investment Trust (REIT) for purposes of achieving economics of scale, for obtaining favorable mortgage financing and for creating a vehicle to enable periodic refinancing and investment of proceeds from such refinancing in real estate opportunities. The REIT is formed and independent owners of distribution warehouses are assembled and selected to participate in the REIT. The participant enters in a sale-leaseback agreement with the REIT and transfers title in their warehouses to the REIT. The REIT finances the purchase of the warehouses by securing a non-recourse loan with at least a seven-year term, serviced on at least a seven-year debt payment schedule. On a periodic basis, preferably every seven years, each warehouse is reappraised, new leases entered into between the REIT and each participant, and new mortgage loans issued for each warehouse.