BPA hosted a FREE webinar on October 28th -  Budgeting for Troubled Times:  The Sale / Leaseback Option. Participants learned how to evaluate the economics of sale/leaseback, how to identify current period gain opportunities, and how to identify and take advantage of critical tax planning opportunities.

On September 25, 2008, Pilot Bank of Tampa, Florida, entered into a sale/leaseback arrangement for one of its banking offices.  Bank Property Advisors provided financial advisory services to Pilot Bank in connection with the transaction. Our affiliate, BPA Brokerage Services, LLC, managed the sale.

On June 17, 2008, The Canandaigua National Bank and Trust Company ("CNB"), entered into a sale/leaseback arrangement for five of its banking offices.  Bank Property Advisors provided financial advisory services to CNB in connection with the transaction. Our affiliate, BPA Brokerage Services, LLC, co-brokered the sale.

On April 21, 2008, State Bank of Cross Plains ("SBCP"), of Cross Plains, Wisconsin, entered into a sale/leaseback arrangement for one of its banking offices.  Bank Property Advisors provided financial advisory services to SBCP in connection with the transaction. Our affiliate, BPA Brokerage Services, LLC, managed the sale.

The Independent Community Bankers of America selects Bank Property Advisors, LLC of Chicago as its Preferred Service Provider for customized sale-leaseback assistance to its member banks.  The Independent Community Bankers of America represents nearly 5,000 community banks of all sizes and charter types throughout the United States and is dedicated exclusively to representing the interests of the community banking industry and the communities and customers they serve.