High-yield bridge Loan Program
SimonCRE has ongoing opportunities for short-term, high-yield loans for the development of triple net lease (NNN) properties. The current program provides an opportunity to deploy capital, in the form of a loan, for a period of about 6-18 months with an annual percentage rate of ten percent (10%).* At a minimum, those funds will earn six (6) months of interest.
*This estimate is not an active quote, is dependent upon the loan, and can vary from this time range.
Here's The Deal
Profile of tenants
Tenants involved in each of these deals are retail-focused and maintain investment-grade or creditworthy financials.
Each of the selected opportunities will have an initial lease that is typically ten (10) years or more in duration.
Sale & loan payoff
Upon the earlier of (i) sale of the property, or (ii) 18 months, the loan amount plus interest will be paid. No interest or principal will be paid prior to sale or 18 months.
how it works
Our commitment to you is full transparency and a thorough breakdown of our program. The process is broadly broken down into the following steps:
*The information on this page does not create a contract or other legally binding relationship between SimonCRE and any third party.
SimonCRE is a full service commercial real estate development company based in Scottsdale, AZ. SimonCRE was formed by Joshua Simon in 2010 to deliver superior service through extensive knowledge, experience, integrity, hard work, and technology.