Popeyes & Carl’s Jr.
Loan Amount
$1,420,000
Lender
Correspondent Life Company
Loan Type
Permanent Debt
Popeyes & Carl’s Jr., two drive thru retail buildings (one situated on a long-term ground lease) located in Salem, Oregon. MMCG was successful in finding permanent financing that limited the borrower’s recourse, reduced the interest rate and monthly debt service.