Capview Partners Expands Credit Facility

DALLAS--(BUSINESS WIRE)-- Capview Partners, LLC, a Dallas-based real estate investment and fund management firm, announces the amendment of its $150 million credit facility. The amendment provides financing for Capview Partners’ current real estate fund offering through May 2020 and also allows for the expansion of the facility up to $300 million.

Bank of America Merrill Lynch was the sole lead arranger and bookrunner of this amended credit facility, which added Fifth Third Bank, Associated Bank and Comerica Bank to Bank of America Merrill Lynch’s existing credit facility.

“We appreciate the continued support of Bank of America Merrill Lynch and the addition of Fifth Third Bank, Associated Bank and Comerica Bank, who understand Capview’s strategy in single-tenant net lease retail properties,” said J.D. Dell, Managing Director, Investment Management, Capview Partners. “This expanded facility is designed to provide sufficient capacity to close out the investment period of our current fund offering while securing relationships with banking partners who may participate in future fund offerings.”

As of the closing of the amended credit facility, Capview’s latest fund owns a portfolio of 67 single-tenant net lease retail (STNLR) properties totaling $184.7M by purchase price.

About Capview Partners

Capview Partners is a real estate investment and fund management firm. Through its funds, the company seeks to produce cash flow and profits for investors by acquiring, managing and selling STNLR properties. The management team has more than 100 years of collective experience in real estate and has participated in more than $6 billion of total transaction volume in the STNLR market. The company is headquartered in Dallas, Texas with investment properties located throughout the U.S. For more information about Capview, visit www.capviewpartners.com.

Forward-Looking Statements

The forward-looking statements contained in this press release are based on our current beliefs, assumptions and expectations, taking into account information that we reasonably believe to be reliable. There can be no assurances that such statements will be accurate or achieved. Our actual results, performance or achievements could differ materially from the results, performance and achievements expressed or implied by such forward-looking statements.

Disclaimer

This press release is neither an offer to sell nor a solicitation of an offer to buy a security; such an offering is made only by a confidential private offering memorandum.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160623005061/en/

Media Contact:
Sunwest Communications
Katie Olivier, 214-373-1601 x241
[email protected]
or
Capview Partners Contact:
Shelley Howard, 972-656-6069
General Manager
[email protected]

Source: Capview Partners, LLC

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