Closed Loans

$3.9 Million for NNN Lease Buildings Has Investor Seeing Dollar(Store) Signs

A longtime client reached out to Progress Capital’s Brad Domenico to finance a purchase of three NNN lease Dollar Tree and Dollar General properties. The borrower has over twenty years of experience in acquisitions, construction, asset repositioning and development across a broad spectrum of property types.

The $3.9 Million loan has a 10-year fixed rate of 3.97% based on a 30-year amortization. Brad worked closely with all parties involved in order to ensure a 30-day closing and accommodate a 1031 exchange deadline.

Progress Capital is a commercial real estate advisory company serving clients since 1990. With over $40 Billion in closed loans and $150 Million of directly funded bridge loans, we will get you to the closing table… Plain and Simple. #thatsProgress

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