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Leasing & Financing

Whether you are a business executive looking to invest in new equipment or a vendor seeking financing options for your clients, you can leverage flexible financing through First American.

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Case Studies

See firsthand how organizations have achieved their goals with customized financing from First American.

Hear From Our Clients

Legal | Office Buildout

Law Firm Uses Custom Financing to Create a People-First Workplace

Fast Facts

Industry

Legal

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Organization

Law firm, Washington D.C.

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Client Since

2016

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Equipment Financed

$42,500,000 in material goods for fitting out the space, including HVAC equipment, kitchen appliances, penthouse terrace, security system, fitness equipment, lighting, and construction costs

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Financing Structure

5-year operating lease that included a 15-month rate lock and interest-only progress financing

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Industry Specific Fact

Am Law Top 50 Firm

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Industry

Legal

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Organization

Law firm, Washington D.C.

Building Icon

Equipment Financed

$42,500,000 in material goods for fitting out the space, including HVAC equipment, kitchen appliances, penthouse terrace, security system, fitness equipment, lighting, and construction costs

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Leading Law Firm Plans a Buildout for New Office

An Am Law Global 50 law firm was consolidating two of their NYC office locations. After finding the right building, the firm sought to create a custom space that reflected their commitment to technology and its impact on the way people work. Due to the size and scope of the project, the firm needed a financing solution to combine costs from multiple vendors into one lease, with fixed-rate options for the construction phase.

Due to the project's size and scope, the firm needed a financing solution that could combine costs from multiple vendors into one lease with fixed-rate options during the construction phase.

The firm selected First American’s financing solution with a rate lock that permitted them to complete the project without worrying about the trajectory of interest rates.

A Custom-Fit Operating Lease for the Law Office Renovation

First American worked with the law firm to structure a 5-year operating lease for the entire project, including AV equipment, HVAC, lighting, fitness equipment, and even the buildout costs for the firm’s penthouse terrace. With a construction period lasting more than 15 months, the firm leveraged interest-only progress financing—with no payments due until after they moved into the new space. Lastly, a rate lock allowed the firm to gain predictability and mitigate their interest rate risk during the long construction phase.

Leading Law Firm Plans a Buildout for New Office

An Am Law Global 50 law firm was consolidating two of their NYC office locations. After finding the right building, the firm sought to create a custom space that reflected their commitment to technology and its impact on the way people work. Due to the size and scope of the project, the firm needed a financing solution to combine costs from multiple vendors into one lease, with fixed-rate options for the construction phase.

A Custom-Fit Operating Lease for the Law Office Renovation

First American worked with the law firm to structure a 5-year operating lease for the entire project, including AV equipment, HVAC, lighting, fitness equipment, and even the buildout costs for the firm’s penthouse terrace. With a construction period lasting more than 15 months, the firm leveraged interest-only progress financing—with no payments due until after they moved into the new space. Lastly, a rate lock allowed the firm to gain predictability and mitigate their interest rate risk during the long construction phase.

The results

Office Upgrades Lay a Foundation for Long-Term Success

The results

Office Upgrades Lay a Foundation for Long-Term Success

158,800 sq. ft.

of new space financed on 5 floors

The firm understood the importance of creating a space to fit the changing needs and expectations of their employees and partners. 

LEED Gold

certification earned with the renovations completed

Outfitting the new NYC office with people-first features, like clear glass walls, open interior staircases, treadmill desks, and flexible workstations allowed the firm to better reflect their culture of communication, teamwork, and employee wellness. 

Since 2016, the firm has worked with First American to complete 16 funding schedules together, helping to increase their geographical reach with new offices in San Francisco, Baltimore, and Richmond.

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Financing for What's Next

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