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Credit Tenant Lease Financing Program

Baron Financial Group provides competitive Credit Tenant Lease financing (CTL) to borrowers for acquisitions, refinance or construction of a variety of property types that are tenanted by Investment-Grade Rated tenants on long-term Bond, NNN, NN or ground leases. Acceptable property types include Single Tenant Retail, Corporate Office, Industrial (warehouse distribution) and US Government leased properties.

By utilizing Mortgage-backed private placement bond investing, our Private Placement CTL program, with more flexibility and less "red tape," typically is more competitive than a Securitized (Conduit - CMBS) CTL Program. In addition, borrowers receive low interest rates, longer terms, and higher leverage than traditional mortgage debt. Loans can be structured giving credit to future rent increases built into leases resulting in maximum loan dollars provided to borrowers

For your Credit Tenant Lease financing needs, Baron Financial Group utilizes one of the most efficient loan processing systems in the nation. Our team of seasoned loan officers deliver a seamless and efficient due diligence and closing process.

Property Types: Single Tenant Retail, Warehouse/Distribution and Corporate Office properties on separate tax parcel.
Loan Sizing :   $2 million to $300 million; single properties or multi-property portfolios. (portfolios encouraged).
Loan-to-Value: No traditional LTV restrictions. (not to exceed 100% LTV).
Loan Term: Typically fully amortizing with Lease term or amortization beyond loan term.
Amortization: Fully amortizing for the lease term.
Interest Rate: "On-the-run" US Treasury plus a spread. Interest calculation is 30/360.
Debt Service: 1.00x to 1.01x for leases without landlord obligations; 1.05x for all others.  
Personal: Non-recourse, except for standard carve-outs.
Prepayment: Yield Maintenance based on a US Treasury plus 50 basis points, with no lockout period.
   

221 South Federal Highway 2 nd Floor - Ft. Lauderdale, FL 33301
Tel: 954-522-0275 - Fax: 954-271-8441 - eFax: 954-337-6474
www.bar-cap.com

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