Credit Tenant Lease (CTL) Loans for Government Buildings Readily Available Despite Credit Crunch
If Uncle Sam is your tenant a credit tenant lease (CTL) banker can monetize your lease and get you a loan quickly and efficiently despite the ongoing credit crunch.
The US government and US Government agencies are among the largest renters of office and industrial space in the world. They generally sign long term leases and lease on a triple net (NNN) basis. That means no landlord responsibilities for years on end. But the best part about a Government tenant is they always, always, always pay their rent on time. Property owners who rent to the Feds can count on long-term, predictable cash-flow.
Investment bankers know that the US Government enjoys the highest possible credit rating (triple A) and Government Agencies, by extension, have what Wall Street calls an “implied triple A” rating. The Government has taxing power which means that they will never run out of money. …
Credit Tenant Lease (CTL) Loans for Government Buildings Readily Available Despite Credit Crunch Read More
