Retail Portfolio
$3,500,000 Single Tenant Net Lease Portfolio
Location: Multiple States
Loan Amount: $3,500,000
Term: 20 Years
Amortization: 20 Years
Execution: Life Company
Dcap is pleased to announce the funding of a three-property, STNL portfolio during the COVID pandemic. The portfolio included a mix of tenant credit and granular lease roll. The life company execution included a 20-year term and partial recourse. The lender held the rate for ~4 months as we navigated through some delays. Total closing costs of less than $7,000/property, which includes lender legal and 3rd part reports (excludes Dcap's origination fee).