image004 (1)

Burger King Portfolio NY & NJ

Excel turned to its regional NYC relationships to obtain traditional mortgage financing for this portfolio of owner-occupied Burger King franchises. With the chosen lender particularly interested in the performance of the Sponsor’s operating company, Excel assisted in presenting an updated financial statement, and stayed involved throughout the underwriting process. Ultimately the transaction closed with a ten-year fixed rate of 3.9%.

image002image003image001 (1)