Net lease development lending platform
Development capital for net-lease projects across the country.
Fullerton Net Lease provides development capital to developers and sponsors of net-lease real estate — delivering speed, certainty of execution, and single-sector expertise, backed by a single source of discretionary capital.
The platform
We exist to fund a specific, underserved corner of commercial real estate finance: the construction of net-leased assets.
Net-lease real estate is among the most durable, well-understood asset classes in commercial real estate — yet ground-up construction financing for it remains fragmented and relationship-dependent. Fullerton Net Lease was built to close that gap with a focused balance sheet, institutional backing, and a single mandate.
What we do
Net-lease development loans
We finance ground-up construction of single-tenant, un-anchored multi-tenant, and grocery-anchored multi-tenant net-leased real estate — funding projects from land acquisition through stabilization.
Our focus
A single sector, done well
By concentrating on one asset class, we underwrite faster, structure with conviction, and deliver certainty of execution our borrowers can build around.
Our backing
The balance sheet of an institution, the speed and responsiveness of a boutique
Fullerton Net Lease is backed by a multi-strategy investment management firm with deep, permanent capital. That foundation lets us underwrite and commit with the confidence of a balance-sheet lender — no waiting on syndication, warehouse lines, or capital partners to confirm before we can. But scale alone doesn't close development loans on schedule. We pair that institutional capital with a lean, senior team that originates, structures, and closes directly. When you call, you reach the people making the decision. When we commit, we close — on the terms we quoted and the timeline your project demands.
Why Fullerton Net Lease
Built for borrowers who value execution.
When a project is on a clock, the lender you choose is a decision about certainty. We are structured to deliver it.
Speed
Construction schedules don't wait for credit committees. Streamlined underwriting and a direct line to decision-makers mean term sheets in days, not weeks.
Certainty of execution
A commitment from us is a commitment to close. We commit capital we control and close on the terms we quote.
Sector expertise
Net-lease construction is what we do. Deep familiarity with net-lease credit, tenants, and construction risk.
Get in touch
Let's talk about your next project.
Whether you're a sponsor lining up development capital or an advisor bringing us a deal, we'd like to hear from you. Tell us about the project and we'll come back quickly.