NNN Caliber Collision Portfolio – Value-Add Acquisition

Petaluma, CA

$15,000,000

Funding Purpose

Tauro Capital Advisors, Inc. was engaged on an exclusive basis to place debt for the acquisition and remodeling of a retail portfolio.

Property Description

The assets are all retail buildings with long-term, single tenant, NNN leases with Caliber Collision. All are located in the Western US.

Sponsors

The sponsor is a real estate investment and development company headquartered in Sacramento, CA.

Challenges

The sponsor sought a 100% LTC loan with great terms to secure and renovate the properties.

Solutions

Funding was secured that met the sponsor’s requirements with a debt source that specializes in NNN financing.

Funding

  • Loan Amount (LTV): $15,000,000 (80%)
  • Interest Rate: 10.55%
  • Term: 3 Years
  • Recourse: Non-recourse
  • Interest Only: 36 Months
  • Prepayment: No penalty

Senior Director  | Capital Advisor

310-903-2806

tfesta@taurocapitaladvisors.com