Credit Tenant Lease

CTL: Credit Tenant Leases in Commercial Real Estate

CTL: Credit Tenant Leases in Commercial Real Estate

A credit tenant lease (CTL) is a form of commercial real estate financing in which a loan is given for a property with a long-term lease (usually 10+ years), typically held by a nationally recognized tenant with a high credit rating. Due to the additional security of having a high-credit tenant, lenders are often significantly more flexible when it comes to loan terms for CTLs.