Shoreline arranged 10-year, non-recourse financing for a portfolio of 44 stores leased to Dollar General, located in nine states. The loan broke new ground as Dollar General has not been a name commonly seen in CMBS. The collateral consisted of free-standing, metal buildings typically in towns averaging 5,000 in population size.
- Loan Amount: $18,200,000
- Property Size: 399,268 SF
- State: Multi-state