Lender recommendation? NNN Leasehold Interest - California

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Lender recommendation? NNN Leasehold Interest - California

Investor · Bay Area California · Member since 2020 · 13 posts · 12 votes

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! 

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