The clouds of recession in the United States have made businesses nervous, especially banks. Lenders and banking organizations are showing concern over the future of the country’s economy. This has led them to be more selective about whom they lend money to, making it difficult for small businesses to draw financial capital for their real estate projects. Even mid-size developers are struggling to acquire capital, hurting the real estate market.
Net Lease Alliance comes to the rescue of such developers by offering financial capital on a non-recourse basis. Whether a developer with a small team or a large construction company with aggressive development schedules, Net Lease Alliance helps them find the capital they need to keep their projects moving forward. It makes it possible through its team of experts dedicated to building strong alliances with borrowers and helping them succeed in their real estate projects. They understand the challenges developers face in this economy and aspire to support them in every way possible.
Net Lease Alliance is one of the fastest-growing sources of funding for commercial real estate developers. They have helped developers in 91 projects across 23 states by deploying over $400 million for commercial real estate development projects.
Our uniqueness is that we are not institutional in our thoughts. We assess every risk and evaluate every need before offering a customized solution to a developer
“Our uniqueness is that we are not institutional in our thoughts. We assess every risk and evaluate every need before offering a customized solution to a developer,” says Ron Johnston, principal and CEO of Net Lease Alliance. The company is known for its flexibility and speed of execution, closing projects on time and within budget.
To understand how Net Lease Alliance drives successful results, one needs to know its initial approach to every project. It starts with sitting down with customers and recognizing their challenges and expectations. All the details are accumulated and discussed, from budget to a site plan, until a common ground is established.
A memorandum of understanding is then drafted where all the details of the projects are mentioned, including fees, equity, and legalities. Developing a project requires multiple approvals, permits, and paperwork. This is the biggest nightmare for developers who wish to kickstart their projects on time. With Net Lease Alliance, however, legal frameworks such as entitlements, pre-developmental issues, and the required due diligence can be time-effectively resolved. Unlike traditional real estate organizations, Net Lease Alliance has an in-house legal team that facilitates the whole process and ensures everything is in order. The team remains in constant touch with the city municipal to iron out any wrinkles in the site plan or legalities that might obstruct the progress.
Once this is done, Net Lease Alliance helps developers with their financial needs, ensuring they can hit the market on time and at the right price. It’s rare to find a real estate partner that helps developers find capital and ensures a smooth journey until the project is complete.
Dealing with developers and their varying requirements is difficult unless a company has smart, experienced people in the driving seat. Net Lease Alliance considers people its biggest strength, most of who have been working at the company since it was founded over a decade ago. Net Lease Alliance does what it does best because of its people, breathing life into projects in the toughest economic environments.