NRPF,
Inc.'s
ability to provide maximum loan amount was demonstrated when
we arranged bond lease financing for the acquisition of a Kohl's
Department Store located in Jericho. The loan amount not only
covered 100% of the acquisition costs, but also netted the
client a significant amount of cash at the closing. Although
the loans were quoted by many lenders,
NRPF's lending
source provided a quote that surpassed the competition
NRPF
has also provided a construction and permanent loan for a strip center in Woodbury
and a 250,000 square foot mall in Tennessee.
15,562
Square Foot Neighborhood Shopping Center Suffolk County, NY Total
Loan: $942,500 Loan Type: Permanent Loan Terms: Fixed Rate Lender: Bank
98,000
Square Foot Single-tenant Retail Center Nassau County,
NY Total
Loan: $16,700,000 Loan Type: Bond Lease Financing Terms: 20-year fixed rate loan Lender: Bond Financing through Insurance Company Comments: Lender used 100% of cash flow at a 1:1 debt coverage
ratio. The spread over the average life was 1.67%
267,000Square Foot Retail Center
Cleveland, TN
Total Loan: $9,000,000 Loan Type: Permanent
Loan Terms: Fixed Rate for 10 years Lender: Insurance Company
8,000 Square Foot Neighborhood Shopping
Center Nassau County, NY Total Loan: $525,000
Loan Type: Construction Loan and Permanent Loan Terms: Floating Rate/Fixed rate Lender: Bank
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