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Credit Tenant Lease Financing |
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Double Net Leases: |
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Debt service coverage as low as 1.05 x rent
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Loan-to-value ratios of 90% or less
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Retail, industrial or office property types in any location
considered
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Borrower responsible for MAI appraisal; Phase 1 and engineering
reports from pre-approved consultants
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Escrow for landlord maintenance and any lease responsibilities not
covered by tenant
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Specialty insurance to cover casualty and condemnation risk is
generally not required
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Buyers available
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Bond or Absolute Net Leases: |
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Debt service coverage as low as 1.0 x rent
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Loan-to-value ratios up to 100%
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All property types, uses and locations
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Borrower responsible for Phase 1 environmental from pre-approved
consultants
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Direct corporate obligations funded similarly
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Transaction ratings not required
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Buyers available
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Build-To-Suit 100% Construction Financing: |
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Build to suit properties pre-leased to credit tenants
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100% financing available
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Greater than 100% financing available based on present value of
rent increases
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Pre-development funds available for high quality tenant leases on
Absolute Leases
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Construction loan rolling into permanent loan
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All property types, uses and locations
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Lease must be bond or absolute net lease
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Preferred lease terms of 10, 15, and 20 years
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Buyers available
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