$23.2MM RETAIL PORTFOLIO | RECAPITALIZATION | GA, TN, MA, IL

Eyzenberg &Company completed the recapitalization of a six-asset NNN retail portfolio across multiple markets.

Challenges

The Sponsor’s existing banking relationships were unable to extend credit outside of their footprint. The portfolio was dispersed across several states and, except for one, were all leased to non-credit tenants.

$23.2MM RETAIL PORTFOLIO | RECAPITALIZATION | GA, TN, MA, IL

Solutions

Eyzenberg &Company engaged into an exhaustive search to better match the credit profiles of individual properties to a particular program. Ultimately the portfolio recapitalization was traunched to multiple banks and an insurance company.

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