McDonald's - California

NASB recently closed $2.15 million in financing for a new McDonald's® property in California, supporting the development of one of the world's most recognizable quick-service restaurant brands in a highly competitive market. 

Structured as a 92% loan-to-cost ground lease loan with a 24-month term, the financing enabled the borrower to preserve equity while funding site preparation and pad infrastructure. The higher leverage structure provided additional flexibility, allowing the developer to advance the project while maintaining liquidity for other opportunities. 

"Developing retail pads in California often involves unique entitlement and construction timelines, making execution certainty especially important," said Adam Thomas, Vice President and Commercial Real Estate Lending Officer at NASB. "This structure provided our client with the leverage and flexibility needed to move the project forward and successfully deliver a site for an investment-grade tenant." 

Whether supporting quick-service restaurant operators, convenience retailers, or other build-to-suit developments, NASB provides commercial real estate financing solutions designed to help developers move projects from concept to completion. 

For more information about NASB's commercial and investment real estate financing capabilities, visit nasb.com/cre.