Investors and developers of single tenant net leased real estate know the benefits of NNN investing. This unique type of real estate can provide a safe and dependable stream of monthly income for decades to come.
But securing a construction loan for any commercial real estate has been exceedingly difficult over the last four years.
The President of MasterPlan Capital LLC, Glenn Fydenkevez, has written an interesting and informative article outlining two ways CTL loans can be used for ground-up construction financing.
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The two methods are, A CTL loan coupled with a Stand-by Letter of Credit, and a Forward Commitment for a CTL loan. If you develop NNN real estate or are considering undertaking a net leased, single tenant building project, this piece will be worth your time.
READ THE ARTICLE HERE or you may contact us with any questions you may have on CTL or other aspects of commercial real estate finance.
Tags: commercial mortgage, commercial real estate, construction loan commercial, credit tenant lease, ctl, NNN
November 28, 2011 at 2:01 pm |
Great resource on NNN and CTL. Nice to see an article about developing and financing opposed to just purchasing.