Envoy seeking Real Estate Analyst

Envoy Net Lease Partners is seeking an experienced analyst who can develop into a dealmaker within the next 18-24 months.

Envoy Net Lease Partners is one of the fastest growing private lenders to the real estate net lease industry, a $4 trillion market according to some REIT experts. Envoy provides higher leverage construction and bridge loans -- up to 100% LTC -- and JV equity to developers of net lease properties nationwide.

Over the next several years, Envoy has the opportunity to grow our lending platform. We are looking for an experienced real estate analyst or law associate (2-4 years' experience) looking to move from their current analyst role into a deal-making position as a next step in their career. We seek an individual who is tech savvy, understands the lending process and will bring a higher level of sophistication to Envoy’s due diligence and underwriting process.

This individual will be involved in the initial review of incoming deals and assist with onboarding the client and closing the deal. He or she will manage Envoy's internship program, be responsible for grooming additional analysts. The successful candidate also must be comfortable working hand-in-hand with a small management team and board of directors. Compensation will be salary and bonus for the first year and will transition to a minimum-base compensation with production incentives thereafter.

Envoy's offices are located in downtown Northbrook, Illinois, next to the Milwaukee North Line train station. Part-time telecommuting is possible once the analyst is firmly established in this position. To apply, please email an introduction and resume to info@envoynnn.com

Envoy announces financing first projects on two new construction loan facilities.

Envoy is pleased to announce the closing of first projects on two new construction loan facilities. For Dollar General, Envoy provided 92% loan-to-cost financing for the construction of a retail outlet in Coatesville, Pa. For Urgent Care, Envoy provided 94% LTC financing for the construction of an Urgent Care clinic in Goodyear, Ariz.

Envoy's construction loan program offers experienced developers and corporate users up to 95% LTC financing for single-tenant, build-to-suit commercial properties. Click for program details.

Envoy finances Goodyear Wingfoot tire facility with value-add bridge loan.

Envoy's most recent bridge loan — the financing of a Goodyear Wingfoot tire facility in Akron, Ohio — was an example of "unique value-add bridge loan financing for a value-add net lease deal," says Envoy president Ralph Cram.

"The borrower put this 33,000 square-foot Goodyear facility under contract and created value during the due diligence period by arranging a lease term extension with Goodyear," Cram says. "Envoy lent proceeds based on the new lease versus the old one."

Envoy's bridge loan program offers experienced developers and corporate users up to 90% loan-to-purchase price financing for short-term bridge loans for properties in transition. Learn more about Envoy's bridge loan program.

Envoy president Ralph Cram discusses opportunities in sale leasebacks at the 2015 RealShare Net Lease West show.

Envoy Net Lease Partners' president, Ralph Cram, is featured in the latest issue of GlobeSt. in its coverage of the 2015 RealShare Net Lease West Conference. Mr. Cram was one of the speakers at the conference, part of the "Opportunities" panel that discussed the opportunities in sale-leasebacks and the advantages of build-to-suit developments.

Click on the image to enlarge.

To explore net lease financing opportunities for your project, contact Mr. Cram at (847) 239-7250 or rcram@envoynnn.com.

Envoy's president, Ralph Cram, discusses net lease financing options for restaurant franchisees in Restaurant Finance Monitor.

Envoy Net Lease Partners' president, Ralph Cram, is featured in the latest issue of Restaurant Finance Monitor, talking about Envoy's new acquisition and construction financing programs for restaurant franchisees — providing capital for deals often too small to attract the interest of most lenders.

Click on the image to enlarge.

Mr. Cram will be available to talk net lease financing options with franchisees and developers at the Restaurant Finance and Development Conference in Las Vegas, Nov. 9-11. Call (847) 239-7250 to schedule a meeting.

Envoy speaks to Globe St. about the demand for net lease. See Envoy president at RealShare conference.

Envoy’s president Ralph Cram will be featured on RealShare’s Capital Markets Update panel on Thursday, April 16, at 9:15 a.m., along with several other capital providers and originators from the net lease financing realm.

The panelists will share their thoughts on where the money is coming from, what it’s targeting and how they make the deals happen. The panel will also analyze the most popular capital structures and the short- and long-term outlook for the capital markets in the net lease space.

Excerpts from the Globe St. article on net lease demand:

Ralph Cram, featured in the Globe St. interview, had this to say:

"Net lease properties between $1 million and $5 million with highly recognized tenant names are the most popular; they appeal to all buyer groups. The low price points allow small investors to purchase them with or without leverage and portfolios of small net lease properties give the large buyer, such as REITS and large Institutional buyers, credit and location diversification. Mortgage debt is more plentiful for these properties as well.”

The least popular property types, Cram asserts, “Are specialty use properties with less than five years remaining on their lease term, especially if the unit is a poor performer or the rent is above market.”

Still, the market is rife with opportunity, Cram contends.

“We are seeing leasing activity for both existing single tenant buildings and ground up development increasing. Also, the recent increase in retail tenant closures gives developers the opportunity to purchase vacant buildings and re-purpose or demolish them for tenants wanting to enter land constrained markets. We see this type of activity occurring especially on the East Coast and infill neighborhoods.”

To read the full Globe St. article, go here.