Unassociated Document
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
The
Securities Exchange Act of 1934
Date
of
Report (Date of earliest event reported): March 24, 2006
CAPITAL
LEASE FUNDING, INC.
(Exact
name of registrant as specified in its charter)
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Maryland
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1-32039
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52-2414533
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(State
or other jurisdiction
of
incorporation)
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(Commission
File
Number)
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(I.R.S.
Employer
Identification
No.)
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110
Maiden Lane, New York, NY
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10005
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: (212)
217-6300
(Former
name or former address, if changed since last report.)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
8.01. Other
Events.
On
March
24, 2006, we completed the acquisition of two adjacent office buildings
aggregating approximately 260,000 square feet in Denver, Colorado, for a
purchase price of $69.3 million. Each of the buildings is fully net leased
to
Invesco Funds Group, Inc., a subsidiary of AMVESCAP, PLC, through October 2016.
AMVESCAP, PLC has guaranteed the tenant’s lease obligations and is currently
rated BBB+/A3 by Standard & Poor’s Corporation/Moody’s Investors Service.
The
purchase price was determined through arms length negotiations. We funded the
purchase price at closing with $41.6 million of borrowings under our real
property acquisition facility and with cash on hand. We expect to obtain
long-term financing on the property within the next 60 days.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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CAPITAL
LEASE FUNDING, INC. |
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| Date: March
30, 2006 |
By: |
/s/ Shawn
P.
Seale |
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Shawn
P. Seale
Senior
Vice President, Chief Financial Officer
and Treasurer
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