Clopton Capital plans to expand loan options for owners and operators of gas stations nationwide.
The firm is a secondary market commercial real estate (CRE) lender that offers commercial loans for income producing properties nationwide,
Clopton Capital offers financing options via commercial mortgages, construction loans, bridge loans, and CMBS loans to borrowers for a diverse range of property types and ownership structures.
In a press statement, the company said that it is currently seeking active funding opportunities for gas station and convenience store properties.
Clopton said that pricing for real estate loans and credit facilities are incredibly low at the moment. As a result, finding a coupon of less than 4% would be achievable for strong operators that have several locations.
“We are looking for operators and owners of gas station properties nationwide that are looking for refinances, acquisitions, or credit facilities,” said Jake Clopton, the firm's founder. “We are looking for any opportunity, however we are particularly interested in operators of several locations that we have an opportunity to grow with.”