STNL Portfolio

$10,000,000 Five-property, STNL Portfolio

Asset Type: Mixed-Use
Location: Multiple States
Security: Permanent
Loan Size: $10,000,000

Dcap is pleased to announce the funding of a five-property, STNL portfolio.  The portfolio included a mix of tenant credit and granular lease roll.  The life company execution included a 20-year term and partial recourse.  Total closing costs of less than $7,000/property, which includes lender legal and 3rd part reports (excludes origination fee).