CTL Capital Provided $245MM Construction and Permanent Loan for GSA Agency Headquarters

June, 2018

CTL Capital recently closed a $245,000,000 construction-permanent non-recourse credit tenant lease loan. Proceeds, representing 100% of project costs, will be used to construct a 575,000 SF agency headquarters facility. The CTL loan will be secured by the building and a … Continue reading

Closed: $252MM Credit Lease Loan for Philadelphia Police & Fire

March, 2018

CTL Capital provided a $252,000,000 credit lease-backed loan for a building to be renovated and occupied by the City of Philadelphia for use as a new headquarters for the City’s Police and Fire Departments. The City of Philadelphia is the … Continue reading

CTL Capital Closes Loan of 94% LTV for CVS Pool

December, 2017

CTL Capital recently closed on a credit lease loan of $16,000,000 for acquisition financing of a cross collateralized pool of 4 stores leased to CVS Health. The CTL loan was a classic ‘credit tenant lease’ financing, backed by absolute net, … Continue reading

Closed: Maximum Leverage Loan on HQ for Allina Health Systems

July, 2017

CTL Capital recently closed a loan secured by a NN / modified gross lease to Allina Health Systems for their 400SF+ headquarters located in Minneapolis, MN. The mortgage-backed CTL loan was structured with a large balloon balance and accounted for … Continue reading

CTL Capital Refinances Loan on Retail Shopping Center backed by AHOLD

May, 2017

CTL Capital recently refinanced a shopping center in North Haven, CT by leveraging a Ahold Delhaize (Stop & Shop) guarantee on lease payments to provide a $9,000,000 loan to the borrower. Continue reading

CTL Capital Provides Loan at 94% LTV for Property Leased by Home Depot

April, 2017

CTL Capital closed a loan of 94% LTV utilizing a A1/A2 structure for a property leased by Home Depot. The bifurcated structure included a residual A2 tranche to allow the borrower to achieve significant leverage on the property. Additionally, CTL … Continue reading

Credit Tenant Lease Financing for Walmart in CA

April, 2017

CTL Capital provided a $24,000,000 CTL loan for a 100k+ SF Walmart located in California with a lease guaranteed by WalMart Stores, Inc. The CTL loan included a residual portion that was a substantial portion of the total loan, highlighting … Continue reading

CTL Capital Finances Loan for Bank of America Data Center Campus

January, 2017

CTL Capital recently closed a complex $45,000,000 lease-backed acquisition loan for a 700,000+ SF data center campus leased to Bank of America. The credit tenant lease had over 5 years remaining with no rent due, adding to the complexity of … Continue reading

CTL Capital Provides Lease Backed Bond Financing for Library Facilty Occupied by Universities

October, 2016

CTL Capital has funded a long term, fixed rate, first mortgage CTL loan for a state-of-the-art Library Service Center, leased to Emory University and the Georgia Institute of Technology. The center houses a shared collection amassing millions of books and … Continue reading

Interface Net Lease Conference – September 14th, NYC

August, 2016

CTL Capital will be a sponsor and in attendance at this years 7th annual Interface Net Lease Conference, located just around the corner from our office at the New York Bar Association in New York City. The Interface Net Lease … Continue reading

CTL Capital Closes on Dow Chemical Credit-Lease Backed First Mortgage Loan

June, 2016

CTL Capital provided a long term, fixed rate, first mortgage loan for a large research and development campus leased to The Dow Chemical Company. The loan was securitized by a private placement bond bond issued and placed by CTL Securities, … Continue reading

Meet CTL Capital at ICSC REcon Las Vegas May 22 – May 25

May, 2016

CTL Capital will be located in the Finance Pavilion, booth SF31, located in the South Hall Upper Level at this years ICSC REcon Las Vegas, taking place May 22nd-25th. If you’d like to discuss Credit Tenant Lease (CTL) Financing for … Continue reading

CTL Capital Lends $190mm for Projects Net Leased to Northwell Health Inc., Funded via Private Placement Bonds Placed by CTL Securities

January, 2016

CTL Capital secured a bond financing of $190mm credit tenant lease loan to a regional real estate investment and development firm secured by multiple long term net leases to Northwell Health, Inc., a New York not-for-profit corporation. The loans were … Continue reading

CTL Capital Closes “Green Bond” Project Financing for a 400+ Acre Solar Farm

November, 2015

CTL Capital closed on a “Green Bond” Solar Farm Project Financing via the underwriting of ground lease payments supported by a renewable power purchase and sale agreement to provide long term, low rate financing for a solar power generation project. … Continue reading

CTL Capital Provides $28mm in CTL Financing on Properties Leased by a Texas School District

September, 2015

CTL Capital recently provided acquisition and long-term structured CTL bond financing for the purchase of 4 maintenance and logistics facilities leased to a Texas school district. The $28,000,000 CTL loan was secured by leases to the school district on a … Continue reading

$85mm Construction-Perm CTL University Bond Financing for Dormitory Project

July, 2015

CTL Capital completed a $85mm loan for construction-permanent CTL financing of a dormitory project subleased to a University. The land, owned by the University, was leased to the borrower under a ground lease and was subsequently leased back to the … Continue reading

Closed: $24mm Refinancing of Federal Courthouse On A Fixed Rate CTL Loan

May, 2015

CTL Capital was the lender on a $24,000,000 credit tenant loan for a 87,000 SF courthouse leased to the GSA in Virginia. The long term, credit tenant bond financing allowed the borrower to refinance the mortgage on the property, enhance … Continue reading

CTL Capital closes on Credit Tenant Loan Facility Totaling $75mm for Two Medical Office Buildings Leased to North Shore-LIJ Health System

April, 2015

CTL Capital recently provided $75,000,000 in construction and permanent ctl financing for the reconstruction and improvement of multiple medical facilities leased to North Shore-Long Island Jewish Health System Inc. These facilities make up part of the system’s 16 hospitals, including … Continue reading

CLOSED: $15mm Credit Tenant Lease Financing on SLC Airport Facility Leased to Federal Express

March, 2015

CTL Capital was the lender on a $15,000,000 permanent ctl loan for a newly constructed 80,000 SF warehouse and distribution center leased to Federal Express located at Salt Lake City International Airport. The bond financing was secured by a first … Continue reading

CTL Professionals Attend P3 Public Private-Partnership Conference

March, 2015

CTL Capital professionals recently attended the P3 Public-Private Partnership Conference in Dallas, TX. Lease financing and private placement bonds often serve as an innovative tool that allows developers to leverage the credit of the municipal, state, or federal government to … Continue reading

CTL Capital Attending MBA CREF Conference in San Diego Feb 1-4, 2015

January, 2015

CTL Capital investment banking professionals will be attending the MBA CREF conference in San Diego this February 1 – 4. Through the firm’s broker / dealer affiliate CTL Securities, CTL Capital has financed over $15 billion in credit tenant loans … Continue reading

CTL Capital’s Government Lease Finance Program continues to grow in 2014

December, 2014

CTL Capital’s government lease finance program continued to build on its history of success, providing nearly $1 billion in financing for over a dozen projects in 2014. As the yield curve flattened and with rates remaining at historically low levels, … Continue reading

CTL Capital Attending NFDA National Conference, Nov 5 Washington D.C

September, 2014

CTL Capital will be attending and presenting at the National Federal Development Association (NFDA) National Conference this November 5th in Washington, D.C. If you will be in attendance and would like to meet with any of our CRE investment banking … Continue reading

CTL Capital to attend 5th Annual Interface Net Lease conference September 17 in New York City

September, 2014

CTL Capital will again be attending and sponsoring the annual Interface Net Lease conference to be held September 17 in New York City. If you’re in town for this leading information and networking conference of the Net Lease industry and … Continue reading

Closed: Permanent CTL financing on Cummins, Inc. Headquarters

August, 2014

CTL Capital recently closed a $28mm credit tenant lease loan for the corporate headquarters of Cummins, Inc. (formerly Cummins Engine Company, Inc.) in Columbus, Indiana. CTL structured a CTL loan with a 1.0x debt service coverage to meet the borrower’s … Continue reading

CTL Capital Commits $150mm for Two Forward Credit Tenant Lease Financings for Veteran’s Affairs Medical Facilities

June, 2014

CTL Capital recently closed on two forward-commitment, permanent CTL financings for to-be-built Veteran’s Affairs outpatient clinics in Eugene, Oregon, and Fayetteville, Virginia. The long-term lease-backed bond financings totaled approximately $150,000,000 and were privately placed by CTL Securities LLC, a broker-dealer … Continue reading

CTL Capital closes $179mm CTL Financing for Starwood Resorts & Hotels

May, 2014

CTL Capital provided a $179,000,000 loan for Starwood Resorts & Hotels Worldwide Headquarters in Stamford, CT. The Starwood campus, comprised of two office buildings totaling 431,555 SF, had been renovated in 2011 in conjunction with Starwood’s occupancy. Starwood’s growth necessitated … Continue reading

CTL Capital Closes on $21,500,000 CTL Financing for American Express Travel Related Services Divisional Headquarters

April, 2014

CTL Capital closed on a lease financing transaction for the remaining term on an American Express Travel Related Services Co. lease for their headquarters in Ft. Lauderdale, FL. The transaction had a short average life, especially by credit tenant lease … Continue reading

CTL to attend ICSC RECON 2014

March, 2014

CTL is pleased to announce that we’ll be back again for this years ICSC RECON event in Las Vegas, Nevada, May 18th – 21 at the Las Vegas Convention Center. If you’d like to schedule a meeting to discuss CTL financing programs contact info@ctlcapital.com or stop by our booth. Continue reading