Build-to-Suit CTL Financing of $32.4M for VA Outpatient Clinics Structured by CTL Capital
CTL Capital is proud to announce the closing of a $32,400,000 credit tenant lease (CTL) loan for two build-to-suit healthcare facilities leased to the U.S. Department of Veterans Affairs (VA). The loan provided ground-up construction-permanent financing for two new VA outpatient clinics developed around the VA’s Patient Aligned Care Team (PACT) model. This innovative model […]
CTL Capital Closes $27.1M Construction-Permanent CTL Loan for State of California Project
CTL Capital is pleased to announce the closing of a $27,125,000 construction-to-permanent credit tenant lease (CTL) loan for a mission-critical government facility leased to the State of California on behalf of the California Highway Patrol (CHP). The project includes the renovation and expansion of a 48,000-square-foot building for use as a protective services command center […]
CTL Capital Closes $23.2M Credit Tenant Lease Loan for Workforce Residential Project in Modesto, CA
CTL Capital is proud to announce the successful closing of a $23,200,000 credit tenant lease loan for a workforce residential development in Modesto, California. The project, spanning over 60,000 combined square feet, includes multi-story residential buildings and a modern community center, enhancing housing options for the region’s workforce. Secured by a long-term, 35-year lease with […]
CTL Capital Provides $42.5M Refinancing for Bank of America Sky Harbor Center in Phoenix, AZ
CTL Capital is pleased to announce the completion of a $42,500,000 credit tenant lease refinancing for the iconic Bank of America Sky Harbor Center in Phoenix, Arizona. The 540,000-square-foot office campus, consisting of five buildings with surface parking and a parking garage, has been exclusively occupied by Bank of America since its development in 1989. […]
CTL sale-leaseback financing of Hy-Vee retail portfolio
CTL Capital provided a $135,000,000 credit tenant lease loan for the sale-leaseback of a 650,000 sf portfolio of retail properties leased to Hy-Vee, Inc. The 25-year CTL financing included extended amortization and was not cross collateralized. The portfolio consisted of a mix of grocery stores and convenience / gas stations throughout six states.
Right of way easement financing
CTL Capital provided a $90,000,000 loan secured by right of way easements alongside major carrier railroads across the United States. The contract-backed loan represents one of several completed by CTL Capital over the past few years for right of way financing, an optimal method to monetize these easements. For more information on loans and financing […]
GSA Lease Financing for NOAA Thunder Bay Marine Sanctuary
CTL Capital provided a loan and federal lease financing of $7.15mm for the refinancing of a GSA lease tenanted by the National Oceanic and Atmospheric Administration (NOAA). The Property serves as the headquarters for the Thunder Bay National Marine Sanctuary, which protects a nationally significant collection of nearly 100 historic shipwrecks in Lake Huron off […]
CTL Financing for Construction of Veterans Affairs Properties
CTL Capital recently closed on a $175,000,000 construction-permanent credit tenant lease loan for the construction of a pool of to-be-built outpatient clinics leased to the United State of America acting through the U.S. Department of Veterans Affairs. The CTL financing was cross collateralized and secured by both first mortgage and first leasehold liens on the […]
CTL Loan for New Charter Communications Headquarters
CTL Capital recently closed on a $340mm construction-permanent credit tenant lease loan for the construction of a new headquarters and office building for Charter Communications. The CTL financing was secured by the to-be-built building and a bond type lease with the tenant.