Atherton Capital Inc. Announces the Sale of Over $16 Million in Real Estate Loans.Business Editors SAN BRUNO San Bruno (săn br  `nō), city (1990 pop. 38,961), San Mateo co., W Calif., a suburb on San Francisco Bay; inc. 1914. There is light manufacturing and petroleum refining. , Calif.--(BUSINESS WIRE)--Jan. 17, 2000
Atherton Strategic Advisors announces the whole loan sale of $16,610,700 of franchise real estate loans originated by Atherton Capital Inc. The loans included in this sale were fixed rate, long term and fully amortizing. Each loan was secured by a fee property occupied by a major branded franchised retail concept. The loans were purchased to be held in portfolio by institutional investors and sold by Atherton at an all-in premium to par. Concepts financed included: Burger King, IHOP IHOP International House Of Pancakes (restaurant chain) iHOP Information Hyperlinked Over Proteins IHOP International House of Prayer IHOP International H2O Project IHOP International House of Pain , Jack-In-The-Box and Jiffy A fraction of time that has numerous interpretations depending on who uses it. It may refer to one computer clock cycle, one nanosecond, one millisecond or one AC power cycle. There may be others. See nanosecond. 1. Lube. "We are delighted to receive interest from institutional investors in real estate loans made to the franchise industry," said Arthur P. Brazy, Jr., president of Atherton Capital. He added, "borrowers have long had a need for loan products that recognize the unique benefits of franchise-occupied real estate. Atherton has been actively originating franchise real estate loans that are now available for private sale." Atherton Capital Inc., a privately-held San Francisco-based specialty commercial finance company, is focused on providing loan products for the complete range of growth opportunities for owners, franchisees and investors in branded retail businesses. Financing programs include debt refinancing, acquisition of existing units, real estate acquisitions, equipment purchases and store improvements. Atherton has provided business and franchise financing nationally to operators of quick service and casual dining restaurants, gas stations, convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. , lube centers, video stores and other specialty retail outlets. The company originates loan products serving ten regions through 14 locations, including Atlanta, Boston, Houston, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Minneapolis, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , San Diego, San Francisco, Seattle and Washington D.C. |
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