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.

Seeking financing? Don't miss the capital markets session at ICSC's N3 show, and meet with Envoy's Ralph Cram.

Ralph N. Cram, President, Envoy Net Lease Partners.

Ralph N. Cram, President, Envoy Net Lease Partners.

Envoy president Ralph Cram will be at the ICSC Triple Net Lease conference next month to take part in a discussion of the capital markets in the net lease sector.

Mr. Cram, who has underwritten, acquired or financed $1.5 billion of real estate assets in his 25 years in commercial real estate, will be a panelist on the Capital Markets Overview session (9:00 - 10:00 a.m., March 3), which will take a look at funding challenges and opportunities in the current market environment.

Mr. Cram will be joined by W. Kyle Gore from CGA Capital, Sean Keane from First Savings Bank and Mark E. West of HFF Dallas — with the panel moderated by Ken Carpenter, managing director of CCRE. So if you're seeking a financing solution, or just want to get a sense for the state of the capital markets, stop on by.

To arrange an in-person meeting with Mr. Cram, contact him at (847) 239-7250 or rcram@envoynnn.com.

Meet with Envoy's Ralph Cram at upcoming shows in San Diego and Dallas.

Need capital to finance your 2015 development pipeline or for an immediate net lease transaction?

Envoy Net Lease Partners will be on hand at two upcoming industry shows to talk net lease financing solutions.

Envoy will be at Booth #406 at the CREF/Multifamily Housing Convention & Expo on Feb. 1-4 in San Diego, and will also be attending ICSC's N3 Triple Net Lease Conference on March 2-3 in Dallas as a Platinum Sponsor.

Envoy offers a wide range of gap financing solutions -- from construction loans and bridge loans to JV Equity financing.

To arrange a personal meeting with Envoy President Ralph Cram for either show call Mr. Cram directly at (847) 239-7250 or email rcram@envoynnn.com.

Envoy closes seven transactions.

This past year was a busy one for Envoy. We provided a wide range of net lease financing solutions for developers nationwide -- from a bridge loan for a Walgreens Pharmacy in Chicago to a construction loan for a FedEx facility in Colorado.

Our various financing programs include:

Construction Loans, which offer up to 95% LTC financing in one construction loan with no back-end participation.

Bridge Loans, which provide up to 90% loan-to-purchase price loans for properties in transition.

JV Equity, which offers up to 95% equity financing for BTS net lease transactions.

Click the ad to see it full size.

American Mattress store financing is Envoy's third transaction under new construction loan program.

Envoy is pleased to announce the financing of a first mortgage for one of its net lease preferred clients -- an American Mattress developer -- the third transaction this year under the company's new high-leverage construction program.

Full news release here.

The transaction allowed the developer to achieve 94 percent loan-to-cost construction financing for a pre-leased, single tenant 3,500 SF retail store located on an outparcel directly in front of Chapel Ridge Shopping Center in Fort Wayne, IN.

“This is our second construction loan with this developer, and our first where Envoy was the lead lender,” says Ralph N. Cram, Chief Operating Officer of Envoy. “We now have the ability to provide construction financing on a wide range of transaction sizes, from smaller build-to-suit projects, to working with senior lenders on larger transactions where additional funds are needed to secure 90%-plus loan-to-cost construction financing.”

Unlike many financing programs, including those offered by REITS, Envoy's doesn’t require the developer to sell the property immediately following construction.

Instead, the developer retains control of the property simply by paying off the construction loan and paying an exit fee. For many developers, this program represents the lowest-cost option for capital when compared to third-party equity and traditional bank construction debt.

Download the Construction Loan Program flyer.

Download the Loan Requirements Checklist.

With FedEx facility, Envoy makes foray into the industrial build-to-suit market.

Envoy's recent closing of a $2 million-plus loan in central Colorado for a FedEx ground package facility marks the company's entry into the industrial build-to-suit market.

The transaction, completed under a new construction loan program serving the capital needs of net lease preferred developers, allowed a FedEx preferred developer to achieve 95 percent loan-to-cost construction financing for a pre-leased, single tenant distribution facility located across from Eagle County Regional Airport.

Envoy worked in tandem with its senior bank partner to provide the subordinated financing as a part of a wrap construction loan for this package distribution facility that will serve the communities around the ski resorts of Vail and Beaver Creek.

“Envoy is pleased to have the opportunity to help FedEx Corp.," says Ralph N. Cram, Chief Operating Officer of Envoy. "And its preferred developer finance their ongoing expansion plans to meet their customers’ needs for faster delivery times.”

See the new Envoy ad, running in both Dealmakers, Shopping Center Business

Envoy provides hassle-free equity gap financing for net lease, single tenant properties — helping developers and buyers secure the capital they need, minus the red tape.

We offer three financing programs.

Construction Loans: Up to 95% LTC financing in one construction loan with no back-end profit participation.

Bridge Loans: Up to 90% loan-to-purchase price short-term bridge loans for properties in transition.

JV Equity: Up to 95% equity financing for build-to-suit net lease transactions nationwide.

Download a PDF of our ad here.