Raising Cane’s Ground Lease – Refinance/Cash-Out

South, US


Funding Purpose

Tauro Capital Advisors, Inc. was exclusively engaged to place a loan for the cash-out refinance of a Raising Cane’s ground lease located in the southern US.

Property Description

The asset is a brand-new, built-to-suit property. Raising Cane’s executed a 15-year absolute NNN ground lease that commenced in early 2023 by a major intersection.


The sponsor is a retired couple who are experienced commercial real estate owners looking to acquire a safe investment to end their portfolio.


  • Lien waiver delays put stress on term sheet deadlines.


  • Tauro processing team was able to obtain all necessary items ahead of any deadlines.


  • Loan to Value: 30%
  • Interest Rate: 6.25% Fixed
  • Amortization: 30 years
  • Term: 14 years
  • Recourse: Full
  • Prepay: None

Associate Director  | Capital Advisor