Lease-Purchase Construction Financing
Correctional Properties Trust was formed to access and channel private capital to meet growing government demand for correctional facilities and justice centers on a federal, state and local basis.
Services include the developing and leasing back of new justice centers or correctional facilities without requiring the government to complete a bond offering or to issue public debt. CPV and a development team deliver a turnkey facility with all development and construction capital provided.
In addition, the acquiring and leasing back of existing facilities for cash provides a source of additional capital and liquidity for the seller. This capital may be reallocated to public infrastructure projects, education or general fund purposes.