CTLLenders funds Credit Tenant Lease Financing (CTL) for real estate property developers and owners on a variety of NNN, NN, or ground leases property types.
The principals of CTLLenders are all active Credit Tenant Lease loan advisors with an average of 25 years of in-depth industry knowledge, experience, and long-standing institutional relationships. Our experienced CTL advisors and proven turnkey approach deliver distinct advantages for arranging and executing Credit Tenant Lease Financing (CTL). The tenured CLT finance veterans at CTLLenders are exceptionally committed to the highest level of closing certainty with the most competitive terms, fast execution, and guaranteed client satisfaction in the industry.
Credit Tenant Lease Financing (CTL)
- 30 year Amortization and Interest Only available
- Non-recourse financing to the borrower
- Interest rates are typically fixed for longer periods of time
- 1.00x to 1.05x minimum debt-service coverage
- One-step construction and permanent loan financing
- CTL Financing has no maximum Loan-to-Cost (can be over 100% of costs).
- CTL Financing for new construction provides a long-term, fixed rate lock prior to construction.
- Amortization can match increases in lease payments for maximum dollars, and
Real estate developers and owners turn to us as a market leader for Credit Tenant Lease financing (CTL).
CTLLenders financing allows clients to fully leverage the lease rental stream from tenanted properties. Because the Credit Tenant Lease financing (CTL) structure is viewed as a bond (credit) rather than a real estate loan, spreads and interest rates are based on the credit of the tenant instead of traditional real estate underwriting criteria. CTLLenders can provide loan-to-value (LTV) ratios up to 100 percent, 1.00x to 1.05x minimum debt-service-coverage, nonrecourse financing to the borrower, one-step construction and permanent long-term loan financing.
Typical transactions:
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