Strategy - What we do
Development loans for net-lease retail and industrial assets.
Fullerton Net Lease provides senior acquisition, construction, and bridge financing for net-lease real estate - a single product, underwritten with depth.
The product
One lending product, built around the development of net-lease assets.
We finance the ground-up development of net-lease retail and industrial assets - funding from acquisition through completion and stabilization. Because we concentrate on a single asset class, we can underwrite quickly and structure around the realities of construction.
Credit box
A clear lending profile.
The parameters below outline our typical lending profile. Every deal is evaluated on its own merits.
- Asset type
- Net-lease retail and industrial assets
- Loan purpose
- Acquisition, construction, and bridge financing
- Deal size
- $1 – $50 million
- Term
- 12 – 24 months + extension options
- Structure
- Senior secured development loan
- Standard guaranty
- Performance and completion; non-recourse
- Geography
- National coverage
- Advance rate
- Up to 75% LTV and 100% LTC
How we work
From first call to closing, without the drag.
- 01
Share the project
Site, tenant, lease, budget, and timeline. A short call or email is enough to get started.
- 02
Terms in days
We come back quickly with indicative terms: no committees, no waiting on capital partners.
- 03
Focused underwriting
One asset class means fewer surprises. We underwrite the tenant, the lease, and the construction budget in parallel.
- 04
Close and fund
We close on the terms we quoted and fund draws reliably through construction to stabilization.
Who we serve
Target borrowers and partners.
Developers
Merchant builders and developers of net-lease retail and industrial projects seeking dependable development capital.
Sponsors
Experienced sponsors assembling net-lease portfolios who value a repeatable acquisition-financing relationship.
Capital advisors
Mortgage brokers and capital advisors seeking a dependable, repeat counterparty for clients with net-lease development projects.
Get in touch
Have a project in the pipeline?
Send us the outline and we'll tell you quickly whether it's a fit.