1420 ET - The three largest sale-leaseback deals in the U.S. during this year's first three months had a combined value of nearly $1 billion, according to SLB Capital Advisors. The firm specializes in such transactions, in which a business sells a property to an investor and immediately leases it back. The largest of the three deals involved Gaming & Leisure Properties' acquisition in February of properties from Bally's Twin River Lincoln Casino Resort in Rhode Island. "Bally's said the sale-leaseback generated $700 million of total consideration before transaction expenses and taxes," SLB says. In another deal, Essential Properties bought a collection of 69 restaurants from the Denny's chain for $146 million, SLB adds. "These headline transactions came during an active first quarter for the broader sale-leaseback market." (luis.garcia@wsj.com; @lhvgarcia)
(END) Dow Jones Newswires
June 16, 2026 14:20 ET (18:20 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.