Group (TMG), a leading national lending source of retail financing nationwide,
arranged the $600,000 purchase for a CVS Pharmacy in Illinois.
The borrower’s primary goal was to find non-recourse
financing for a low leverage NNN credit tenant transaction. Based on the excellent risk parameters
associated with the deal, TMG was able to secure non-recourse financing at an
excellent rate resulting in a win-win for both borrower and lender. The loan process resulted in a satisfied
client who was able to achieve all of the goals for the financing of this
property. This particular deal was about
finding the right lender that could offer the right terms and get to closing on
a tight closing time frame.
Loan Amount: $600,000
Interest Rate: 3.75%
Term: 3 Years
Amortization: 3 Years