Tenant

Bifurcated Ground Lease

Location

Lake Zurich, IL

Loan Type

Bifurcated Ground Lease Financing

  • Loan Size

    $82,540,000

  • Term

    A-1 35 Years, A-2 40 Years

  • Building Size

    159 acres

Description

CTL financing of a 99-year NNN ground lease under the Kemper Lakes Business Center in Lake Zurich, IL. The land is improved with four multi-story office buildings totaling over 1mm SF.