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Updated about 5 years ago on . Most recent reply

Kristopher Blais's profile image
Kristopher Blais's profile image
Kristopher Blais
  • Investor
  • from Bay Area California
  • Member since Jul 9, 2020
  • Posts 13
  • Votes 12
  • Experience 14 Yrs
  • Investments 7
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13
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Kristopher Blais's profile image
Kristopher Blais's profile image
Kristopher Blais
  • Investor
  • from Bay Area California
  • Member since Jul 9, 2020
  • Posts 13
  • Votes 12
  • Experience 14 Yrs
  • Investments 7
Connect
Kristopher Blais
  • Investor
  • Bay Area California
12
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13
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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! 

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