RETAIL ACQUISITION, SINGLE TENANT NNN
- RATE: 6.5% FIXED
- TERM: 5 YEARS
- LTV: 70%
- AMORTIZATION: 5 YEAR INTEREST-ONLY
MBP closed on a single tenant Dick’s Sporting Goods acquisition in Topeka, KS. Our repeat borrower was prioritizing cashflow, so we procured a 5-year interest-only, balance sheet loan that runs co-terminus with the lease with an extension option to give our borrower maximum flexibility upon lease maturity.
MBP specializes in debt and equity placement for all asset classes. Our extensive network of unique capital sources in development and permanent financing and extensive capital markets knowledge allows us to tackle a wide variety of transactions, regardless of complexity or size, to benefit our clients.
MBP has a team of dedicated and experienced finance professionals with you at every step. We are consistently improving and expanding our capital market relationships and are committed to exceeding our client's expectations through these relationships, innovative solutions, and outstanding work ethic.
Let's get started.
Work with us to see what our talented team, vast network of debt and equity providers, and capital markets expertise can do for you.