You Need Real Estate Debt Capital Quickly. We Can Deliver.
Credit Tenant Leases
Small Development & Construction Projects
Small Development & Construction Projects
Our Credit Tenant Lease (CTL) loans provide up to 100% of the capital stack for credit tenant new construction or retrofit projects. For credit tenant BTS deals which are “down the middle of the fairway” the pricing is very competitive with traditionally financed deals.
A credit tenant lease is secured by the obligation of a single (usually investment grade) company to pay debt service by means of rental payments under a lease, where real estate is pledged as collateral. In other words, a CTL loan is made primarily on reliance of the credit standing of a tenant (through the assignment of lease rental payments to the note holder) rather than based on the characteristics of the mortgaged property (such as its property value).
Small Development & Construction Projects
Small Development & Construction Projects
Small Development & Construction Projects
Our Small Development and Construction loans provide up to 70% of cost. We like supporting developers and builders on their smaller projects.
Morris Capital recognizes opportunities for development and construction of retail, single-family, and multi-family investments may require quick and sufficient capital. Our process of providing private finance solutions can be extremely attractive to investors.
Bridge Opportunities
Small Development & Construction Projects
Bridge Opportunities
Our Bridge loans provide up to 70% of cost when someone needs quick access to capital for an acquisition, a refinance or cash out of a property they already own. We are experienced private lending experts and can provide sufficient capital for these opportunities in an expeditious timeline.
A bridge loan from Morris Capital is short-term financing, typically up to two years, used until permanent financing is secured.