dow-corning

Dow Corning

Bay City, MI

$29,481,000

Construction-to-permanent without Credit Enhancement CTL Private Placement Bond financing.
  • Construction-to-permanent loan on office building
  • NN lease with “Date Certain” rent commencement
  • Environmentally contaminated site
  • Tenant is a private company with confidential and non-publically available financials
  • 100% financing, >100% LTC
  • 16 month I/O period, followed by 20 yr. term / 20 yr. amortization