LNL Capital
Track Record

Our Portfolio

LNL Capital has deployed capital across 123 net lease transactions since inception, spanning construction, bridge, and permanent financing across major U.S. markets.

123
Total Transactions
$1.9B+
Total Commitments
61
Active Loans
59
Realized Investments
11.34%
Avg. Gross IRR
77%
Avg. LTC
Portfolio Analytics

Active UPB by Property Type

Current portfolio — $M

Active Loans by State

Current portfolio — number of loans

Current Portfolio

Active Investments

61
active loans displayed
Loan / PropertyTenantLocationTypeSeniorityUPBRateLTCClosingMaturity
BAE Systems - Maple Grove, MNBAE Systems Land & ArmamentsMaple Grove, MinnesotaTransitionalSenior$69.0M5.66%73.8%Dec 2025Dec 2030
Links Car Wash - Portfolio, TX (A Note)Links Car WashTexasTransitionalSenior$50.0M14.00%44.3%Dec 2025Jun 2026
Bobs Discount Furniture - Glenwillow, OHBobs Discount FurnitureSolon, OhioTransitionalSenior$46.5M6.40%75%Nov 2025Nov 2028
Bobs Discount Furniture - Macon, GABobs Discount FurnitureMacon, GeorgiaConstructionSubordinate$26.6M13.75%98.2%Nov 2025May 2027
Quantum Construction - Fort Pierce, FLQuantum ConstructionFort Pierce, FloridaTransitionalSenior$22.9M6.39%73.1%Sep 2025Sep 2030
Goodyear - Dekalb, ILGoodyear Tire & Rubber CompanyDeKalb, IllinoisConstructionSubordinate$22.7M9.00%88.2%Dec 2025Jun 2027
Pinnacle Oil & Gas (8-pack) - Portfolio, TXPinnacle Oil & GasTexasTransitionalSenior$22.2M11.20%71.6%Jul 2025Jul 2027
BluePearl - Portland, ORBluePearlPortland, OregonConstructionSenior$10.0M13.00%95%May 2025Nov 2026
McLane - Salt Lake City, UTMcLaneSouth Salt Lake, UtahConstructionSubordinate$10.0M9.00%90.8%Jul 2025Jul 2027
BZ Mart (17-pack) - PortfolioBZ Mart—TransitionalSenior$9.8M8.25%68.2%Aug 2025Aug 2030
Fuel On - Portfolio, PAFuel OnPennsylvaniaTransitionalSenior$9.6M8.50%70.6%Dec 2025Dec 2030
Town Fair Tire - PortfolioTown Fair Tire—TransitionalSenior$9.4M9.00%83.3%Dec 2024Jun 2027
Pinnacle Oil & Gas (3-pack) - Portfolio, TXPinnacle Oil & GasTexasTransitionalSenior$8.6M12.52%65.9%Aug 2025Aug 2026
Boeing (Phase II) - Jacksonville, FLBoeingJacksonville, FloridaConstructionSubordinate$7.1M9.00%95%May 2025May 2027
BZ Mart (7-pack) - PortfolioBZ Mart—TransitionalSenior$7.0M13.00%73.6%Feb 2026Feb 2027
HGE - Creve CoeurHigher Ground EducationSt Louis, MissouriConstructionSenior$5.6M11.50%88.1%Jan 2024Jul 2026
El Car Wash - Lauderhill, FLEl Car WashLauderhill, FloridaTransitionalSenior$5.5M10.00%46.1%Dec 2025Dec 2026
El Car Wash - Boca, FLEl Car WashBoca Raton, FloridaConstructionSenior$5.5M10.00%47.1%Jan 2026Jan 2027
El Car Wash -  Ft. Lauderdale, FL (W Broward Blvd)El Car WashFort Lauderdale, FloridaConstructionSenior$5.5M10.00%60.2%Oct 2024Dec 2026
El Car Wash - Oakland Park, FL (E Commercial Blvd)El Car WashOakland Park, FloridaConstructionSenior$5.4M10.00%61.1%Oct 2024Dec 2026
El Car Wash - Oakland Park, FLEl Car WashOakland Park, FloridaConstructionSenior$5.3M10.00%69%Oct 2024Dec 2026
Links Car Wash - Portfolio, TX (B Note)Links Car WashTexasTransitionalSenior$5.0M20.05%48.7%Dec 2025Jun 2026
El Car Wash - Feasterville, PAEl Car WashFeasterville, PennsylvaniaTransitionalSenior$4.9M10.00%42.3%Nov 2025Feb 2027
Octa Homes - Houston, TX (Alvin)Octa HomesAlvin, TexasConstructionSenior$4.8M10.00%100%Jan 2026Jan 2027
BluePearl - Lake Norman, NCBluePearlDenver, North CarolinaConstructionSenior$4.5M13.00%94.9%Apr 2025Oct 2026
TLE Belmont GreeneThe Learning ExperienceAshburn, VirginiaConstructionSenior$4.5M15.00%66.3%Dec 2023Nov 2025
Chevron Gas Station - Houston, TXChevron Gas StationHouston, TexasTransitionalSenior$4.1M10.00%62.2%Nov 2025Nov 2027
Lightbridge - Cary, NCLightbridge AcademyCary, North CarolinaConstructionSenior$3.8M12.00%70%Dec 2024Jun 2026
TLE Highland RanchThe Learning ExperienceHighlands Ranch, ColoradoConstructionSenior$3.7M15.00%70.1%Sep 2023Sep 2025
WoW CarWash - Las Vegas, NV (Durango)Wow Car WashLas Vegas, NevadaConstructionSenior$3.7M10.50%36.6%Jan 2026Jul 2027
Lightbridge - Champlin, MNLightbridge AcademyChamplin, MinnesotaConstructionSenior$3.6M12.00%70%Jan 2025Jul 2026
Plasma - Palestine, TX [Pool 2]ParachutePalestine, TexasTransitionalSenior$3.5M11.03%78.7%Oct 2025Apr 2027
Tractor Supply - Mifflinburg, PATractor SupplyMifflinburg, PennsylvaniaConstructionSenior$3.5M11.00%90%Jun 2025Jun 2026
Plasma - Athens, TN [Pool 1]ParachuteAthens, TennesseeTransitionalSenior$3.4M11.03%78.5%Oct 2025Apr 2027
Plasma - Hartsville, SC [Pool 2]ParachuteHartsville, South CarolinaTransitionalSenior$3.4M11.03%79.3%Oct 2025Apr 2027
Plasma - Columbus, IN [Pool 1]ParachuteColumbus, IndianaTransitionalSenior$3.3M11.03%78.6%Oct 2025Apr 2027
Gerber Collision - Edmond, OKGerber CollisionEdmond, OklahomaConstructionSenior$3.3M10.50%92.2%Jun 2025Aug 2026
Shake Shack - Naples, FLShake ShackNaples, FloridaConstructionSenior$3.2M11.00%88.8%Aug 2025Nov 2026
Plasma - Shelby, NC [Pool 2]ParachuteShelby, North CarolinaTransitionalSenior$3.0M11.03%78.8%Oct 2025Apr 2027
Plasma - Marion, OHParachuteMarion, OhioConstructionSenior$2.7M12.00%71%Apr 2025Oct 2026
Pediatric Associates - Waxahachie, TXPediatric AssociatesWaxahachie, TexasConstructionSenior$2.7M13.00%84.9%Jul 2025Jul 2026
O'reilly BarnettO'Reilly Auto PartsMiami, FloridaConstructionSenior$2.6M10.50%78.5%Oct 2024Mar 2026
Chase GL - West Berlin, NJJPMorgan Chase BankBerlin, New JerseyTransitionalSenior$2.6M11.00%100%Oct 2025Apr 2027
Pizza Hut - PortfolioPizza Hut—TransitionalSenior$2.3M9.00%53.5%Dec 2024Jun 2027
Bojangles - Kissimmee, FLBojanglesKissimmee, FloridaConstructionSenior$2.1M9.50%71.1%May 2025Nov 2026
Chick-Fil-A - Roxboro, NCChick-Fil-ARoxboro, North CarolinaConstructionSenior$2.1M9.00%85.1%Jul 2025Jul 2027
Chipotle & Mattress - Greenwood, SCChipotle / MattressGreenwood, South CarolinaConstructionSenior$1.8M11.50%66%Jun 2025Jun 2026
Kindercare - Shrewsbury, MOKinderCare EducationSt Louis, MissouriConstructionSenior$1.8M11.50%92.5%Oct 2025Apr 2027
WhiteWater Car Wash - Ardmore, OKWhiteWater Car WashArdmore, OklahomaConstructionSenior$1.8M10.00%64.2%Sep 2025Sep 2026
Take 5 - GreeceTake 5Greece, New YorkConstructionSenior$1.7M11.50%90%May 2024May 2026
Chipotle - Joliet, ILChipotle Mexican GrillJoliet, IllinoisConstructionSenior$1.7M11.00%73.2%May 2025Aug 2026
Take 5 - Hollywood, FLTake 5Hollywood, FloridaConstructionSenior$1.5M12.75%84.4%May 2025Nov 2026
Left Lane Automotive - Mobile, AL (309 Bel Air)Left Lane AutoMobile, AlabamaConstructionSenior$1.4M13.75%81.6%Apr 2025Apr 2026
Left Lane Automotive - Greer, SCLeft Lane AutoGreer, South CarolinaConstructionSenior$1.3M13.75%93.8%Dec 2025Dec 2026
Left Lane Automotive - Mobile, AL (7900 Airport)Left Lane AutoMobile, AlabamaConstructionSenior$1.2M13.75%87.8%Jun 2025Jun 2026
Left Lane Automotive - Baton Rouge, LA (Gonzalez)Left Lane AutoGonzales, LouisianaConstructionSenior$1.1M13.75%94.5%Oct 2025Oct 2026
Left Lane Automotive - Mobile, AL (U.S 90)Left Lane AutoMobile, AlabamaConstructionSenior$1.1M13.75%93.9%Jan 2026Jan 2027
Left Lane Automotive - Spartanburg, SCLeft Lane AutoSpartanburg, South CarolinaConstructionSenior$883K13.75%95%Jan 2026Jan 2027
Wawa - Bear, DEWawa, IncBear, DelawareConstructionSubordinate$621K9.50%84.5%Dec 2025Jun 2028
Valvoline - Johnstown, PAValvolineJohnstown, PennsylvaniaConstructionSenior$413K11.50%86%Jul 2025Jan 2027
Starbucks & Chipotle - Kansas City, MOStarbucks / ChipotleKansas City, MissouriConstructionSenior$340K11.00%72.9%Feb 2025Apr 2026