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CNL Financial Group (CNL), formerly Commercial Net Lease, is an Orlando, Florida based private investment management and commercial real estate company. It was started in 1973 by James Seneff. [1] The company has been a major player in efforts to redevelop Orlando's downtown.
Pointe Orlando originally opened on August 2, 1997 at a cost of $120 million, anchored by a flagship FAO Schwarz toy store. A Muvico cinema and IMAX theater, and a host of theme restaurants popular at the time opened later in the year and into 1998. [ 1 ]
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A finance lease (also known as a capital lease or a sales lease) is a type of lease in which a finance company is typically the legal owner of the asset for the duration of the lease, while the lessee not only has operating control over the asset but also some share of the economic risks and returns from the change in the valuation of the underlying asset.
The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
The expression "operating lease" is somewhat confusing as it has a different meaning based on the context that is under consideration. From a product characteristic standpoint, this type of a lease, as distinguished from a finance lease, is one where the lessor takes larger residual risk, whereas finance leases have no or a very low residual value position.
JetBlue Airways Corporation (stylized as jetBlue) is a major airline in the United States headquartered in Long Island City, in Queens, New York City. It also maintains corporate offices in Utah and Florida. [2] [1] JetBlue operates over 1,000 flights daily and serves 100 domestic and international network destinations in the Americas and Europe.
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