credit tenant

credit tenant

A national or large regional tenant with excellent credit.Although local tenants may also have excellent credit,oftentimes better than their national counterparts,only the larger companies are called credit tenants.A lender will offer more attractive financing terms for a development with a certain amount of space preleased or currently leased to credit tenants.

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Credit tenant AT&T will anchor the Ward Avenue corner of 1553 Westchester Avenue with a 2,500 s/f store.
The affirmations reflect stable asset performance due to amortization and the diversified credit tenant exposure of the pool, which mitigates the high retail concentration of the underlying collateral.
Past Credit Tenant Net Lease Properties that Marabella Commercial Finance has originated loans for are Walgreens, CVS, Rite Aid, Jack In The Box, 7-Eleven, Family Dollar, CSK Automotive, and Large Anchored Centers with credit tenants.
The pool consists primarily of credit tenant lease (CTL) loans, representing 77.
Sears Holdings Corporation (Holdings is the parent company of Sears and Kmart), the credit tenant with the largest exposure in the pool, is rated 'BB' with a Stable Outlook by Fitch.
The rating of the loan is dependent upon Saatchi & Saatchi being treated as a credit tenant.
The banking division is active in a wide variety of financings including higher and secondary education, state and local government, multi-and single-family housing, health care, airports, taxable banking issues and credit tenant leases.
closed on its second credit tenant lease ("CTL") investment with the acquisition of a 100% fee interest in 200 Franklin Square Drive, Somerset County, NJ.
GKK's core assets are direct originations of first mortgage loans, mortgage participations, mezzanine financing, preferred equity investments, bridge and permanent loans and credit tenant lease (CTL) investments.
They are a top-ranked credit tenant and will make an excellent addition to our property.
closed on its second credit tenant lease investment with the acquisition of a 100% fee interest in 200 Franklin Square Drive, located in Somerset County, New Jersey.
In addition, CDOs of commercial real estate loans and credit tenant lease loans may also be purchased.