Sentences with phrase «investment grade tenants»
«This acquisition comprehensively advances Realty Income's strategic objectives of increasing its revenue generated by investment grade tenants and further diversifying its portfolio outside of the retail industry,» Realty Income CEO Tom A. Lewis said in a statement.
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Lenders are more closely scrutinizing lower level investment grade tenants as well as non-investment grade deals.
The REIT currently has 370 properties in 39 states, 60 percent of which are investment grade tenants.
However, it's worth noting that most of National Retail's tenants are mostly non-investment grade businesses, which are ostensibly riskier that investment grade tenants in the event of a recession.
Realty Income Corporation is the largest net lease real estate investment trust (REIT) in the U.S.The REIT is highly diversified and enjoys a regular stream of cash flows from investment grade tenants.
«The market for net leased Walgreens remains strong as investors are attracted to investment grade tenanted properties with long term leases,» said Blankstein, president of The Boulder Group.
Not exact matches
As referenced above, Kite is not immune to weaker tenants like Toys - R - Us and Bed, Bath, & Beyond; however, many of Kit's top tenants are investment grade - rated:
More importantly, 77 % of its total portfolio rent is from retail tenants characterized by service - driven businesses, non-discretionary industries, low price points, and / or investment grade - rated credit.
«One of the key factors was the long - term lease — nearly 15 years — with an investment - grade tenant.»
Capital Lease Funding specializes in financing properties that are net leased, primarily by investment - grade credit tenants.
Capital Lease Funding offers a solution to lower investment grade and non-investment grade tenants with its 10 - year credit tenant lease program that uses a 20 - year amortization schedule.
«It used to be that all that was necessary was a good location and an investment - grade tenant.
If a single - tenant development features an investment - grade tenant and a long - term lease — 20 or more years, for example — developers may be able to maximize leverage with credit tenant lease (CTL) financing.
The value of the property is it's location and strength of the tenant whether they are credit grade and then investment grade BBB - or better on top of that.
Paul McDowell, senior vice president and a founder and partner at CLF, says that while classic net - lease financing is for a stand - alone property that is 100 % net leased to a credit - rated tenant, «we see a lot of properties that have combinations of credit tenants and some percentage of non-credit or less - than - investment - grade tenants as well.»
So, what follows assumes that the property itself is an investment grade property in a good location that would attract a well qualified tenant.
By «investment grade» we mean that we intend to invest in properties leased to blue chip tenants and / or companies with investment grade credit ratings.
There is no guarantee all of our properties will be leased to blue chip tenants or companies with investment grade credit ratings.
Blue chip and investment grade descriptions are those of either tenants and / or guarantors with investment grade credit ratings or whose non-guarantor parent companies have investment grade credit ratings or Bloomberg equivalent ratings.
The major drawback is that tenants are less likely to have investment grade ratings, are more likely to default and judging the future fortunes of any real estate market is not an exact science.
«This property will further enhance our ability to generate stable, predictable income for our shareholders by providing current income from an investment - grade rated tenant under a long - term lease.»
«Both Family Dollar and USAA are welcomed additions to our roster of investment - grade tenants.»
Investors are rushing to grab properties occupied by investment - grade tenants — especially those rated «A» and above, says David Steinwedell, CIO of Wells Real Estate Funds, an Atlanta - based real estate investment management firm with a $ 1.5 billion portfolio of predominantly single - tenant properties.
We have acquired over 11 million square feet of real estate assets and we partner with a variety of tenants — from middle market private businesses to investment grade rated companies.