INVESTOR SINGLE TENANT
Examples
Convenience Stores
Funeral Homes
Warehouse
Auto Repair
Office Building
Retail Store
Essentially Any Improved Real Estate having a single unit having a single tenant
Purchased for Income Production or Refinance of a Property that is no longer Owner Occupied for Partner Buyout or Cash Takeout
Loan Amount $1,000,000 - $30,000,000
25 Year Amortization
15% Down Payment Required
Interest Rate - UP to 25 Year Fixed (tied to term of lease)
7 Year Treasury + 2.90
Prepayment - Make Whole Provision
Personal Guarantee Required
Must be a single tenant, non-owner occupied property
Credit Tenants with strong cash flow
Muti-Purpose Real Estate Only
BENEFITS - LONG TERM FIXED RATE
HIGHER LTV THAN LIFE OR CONDUIT