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Updated almost 2 years ago,

Geoffrey Pierce's profile image
Geoffrey Pierce's profile image
Geoffrey Pierce
  • Flipper/Rehabber
  • from National
  • Member since Sep 14, 2017
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38
Posts
2
Votes
Geoffrey Pierce's profile image
Geoffrey Pierce's profile image
Geoffrey Pierce
  • Flipper/Rehabber
  • from National
  • Member since Sep 14, 2017
Connect
Geoffrey Pierce
  • Flipper/Rehabber
  • National
2
Votes |
38
Posts
Multi-Family and Apartment Investing

City owned land and planned development: Who gets the land?

Geoffrey Pierce
  • Flipper/Rehabber
  • National
Posted

I'm watching a development where the city owns the land and has cordoned off a section for mixed use commercial. Is it common for cities to keep the land and lease back, or do the developers acquire it as part of the deal, generally? 

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