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Credit Lease Bond Financing

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Phone (516) 333-2200                                


Credit Lease Bond Financing
 

NRPF, Inc. arranged bond lease financing by using 100% of the cash flow, including rent step-ups and a 1:1 debt service coverage ratio, to maximize the loan amount of the $166 per square foot secured by a 98,000 square foot retail store originally built for Caldor and released to Kohl's Department Store. The loan amount was significantly greater than any other conventional or conduit source could provide, and the client walked away with a large amount of cash.

 

NRPF, Inc. - A National Real Estate Finance Company - 400 Post Avenue Suite 203A - Westbury, New York 11590
P: (516) 333-2200 - F: (516) 333-2216 - E:
info@nrpf.com