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Updated over 4 years ago on . Most recent reply

User Stats

13
Posts
12
Votes
Kristopher Blais
  • Investor
  • Bay Area California
12
Votes |
13
Posts

Lender recommendation? NNN Leasehold Interest - California

Kristopher Blais
  • Investor
  • Bay Area California
Posted

Hi all - 

I am purchasing the long-term (86 year) Leasehold Interest of a multi-tenant NNN property in California. With COVID, financing less than conventional deals is proving to be difficult. Does anyone have any recommendations for lenders to reach out to?

Price point - +/-$1m

Cap rate - 8%+ (depending on LTV)

Timing- need to close by end of year

Occupancy - 100%

Thank you in advance for your recommendations! 

Looking for

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