Quick Serve Restaurants with short term leases
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Recent Transactions

taco-bell

 

 

Summary: Refinance of two fast-food restaurants in Alabama with 4 and 9 years remaining on the respective lease terms. 30 yr amortizations, 10 yr terms, and no prepay penalties.
Loan Amount: $1,320,000
Property: Franchisee Restaurants
Location: Alabama
Purpose: Refinance
Fixed Period: 5 Years
Loan Term: 10 Years
Amortization: 30 Years
Prepayment Penalty: None
Amortization: 30 Years
Prepayment Penalty: 4 Year Step-Down
LTV: 75%