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Ira J. Waldman Ira J. Waldman

Landowners are turning to ground leases more often. Ground lease structures have increasingly grown in popularity over the past two decades. Private landowners have turned to ground leases as an alternative to selling land sites, particularly in areas with a underutilized land, and as a way to promote public policy agendas, according to Ira J. Waldman, a partner at real estate law firm Cox, Castle & Nicholson. Through ground leases, landowners are able to maintain ownership while also benefiting from development. While ground leases have become more complicated, they can present challenges in the sale or purchase of a property.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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