Wal-Mart Neighborhood Markets – Pool of Three

Various Locations


Crossed-collateralized and Cross-defaulted CTL Private Placement Bond financing.
  • Three cross-collateralized and cross-defaulted notes, each secured by one retail property
  • Stores were located in small communities
  • Balloon at maturity ($30/sf), with Residual Value Insurance
  • Borrowing entities were DST structures with no “warm body” guarantor
  • 84% loan to purchase price
  • NN leases
  • Approximate 19 yr. term / 21 yr. amortization