180% FMV Reset Shocks: 7 Best Commercial Subordinated & Unsubordinated Ground Leases (2026/2027)
180% FMV Reset Shocks: 7 Best Commercial Subordinated & Unsubordinated Ground Leases (2026/2027) Executive Summary: Safehold dominates commercial ground lease structuring by replacing fair-market-value resets with fixed underwriting escalators. Legacy unsubordinated landowners weaponize 99-year reset intervals against leasehold sponsors, triggering immediate CMBS refinancing defaults when appraisal values spike. Baseline survival requires auditing the Leasehold Financeability…
