Current Featured NNN Financing Program
A couple of our preferred CMBS lenders are offering full term interest only financing for high quality single tenanted properties with long term leases (15+ years remaining). Here are the general parameters.
- Loan Amount: $3mm - $100mm+
- Property Locations: Anywhere in the U.S., all markets considered
- Remaining Lease Terms: 15 years or more
- LTV: 60% to 75%
- Loan Terms: 5 - 10 years
- 5 Years: 5 year swap rate + 235 to 280 basis points, depending on leverage and remaining lease term.
- 10 Years: 10 year swap rate + 160 to 195 basis points, depending on leverage and remaining lease term.