Out of Home lending is a specialized form of finance. To save the time and trouble of having to educate your lender on the ins and outs of Out of Home here’s an alphabetical list of 56 Out of Home lenders compiled by SignValue and Billboard Insider. We asked SignValue Founder Paul Wright to talk about the out of home debt markets and he said this:
We continue to see strength in the OOH debt markets. Higher interest rates don’t appear to be slowing the pace of acquisitions or construction loans. There is still a lot of interest in the OOH space and investors in general are weighing alternative REIT options. However, in the third quarter higher interest rates have started to push up net leased capitalization rates. Higher net leased cap rates will start to have a negative effect on easement values. Market participants and banks are watching performance closely with inflation rising and a potential recession looming.
Lender | Contact | Email and Phone | Comment |
Alerus Financial | Nick Gonzales | Nick.gonzales@alerus.com
602-346-1831 office, 214-676-6308 cell |
$500,000 to $30 million loans. Static builds, acquisitions and digital billboards |
All Media Capital | Leases for out of home advertising structures | ||
Alliance Bank | Timothy Hughes | timothy.hughes@alliancebanks.com
651-228-2366 |
Lends on Sign Owner Assets |
Bank of America | Lamar and Outfront | ||
Bank of Nova Scotia | Lamar | ||
Bank of Tokyo-Mitsubishi | Outfront | ||
Bank West | Mike Bietz | www.bankwest-sd.bank
605-945-3831 |
South Dakota |
Barclays Bank | Clear Channel Outdoor, Lamar | ||
BBT/Trust | Regional | ||
Billboard Loans, LLC | Ken Altena | kenaltena@billboardloans.com
206-636-8478 |
$100,000 to $1 million. Static builds, acquisitions and digital billboards |
BNP Paribus | OUTFRONT | ||
BOK Financial | Mid/Southwest | ||
Capital Bank | Lamar | ||
Capital One | Lamar. Target hold $50-150 million. Technology, media and telecom group. | ||
Citibank | Lamar | ||
Comvest Partners | Former lender to Big Outdoor | ||
Cortland Credit | Karen Joly | kjoly@cortlandcredit.ca | Lends in Canada |
Credit Suisse | OUTFRONT, Lamar | ||
Crestline Specialty Finance | B Media Group lender Seeks loans of $20-100 million. | ||
CTBC | Lamar | ||
Deutsche Bank | OUTFRONT, Clear Channel Outdoor, Lamar. Lead Bank for Clear Channel Outdoor revolver and ABL facility | ||
First Bank | Nadia Ocasio Torres | nocasio@firstbankonline.com
615-370-6717 ext 60298 |
Lends on OOH and RE assets |
First National Bank of Omaha | Link Media | ||
First Security Bank | Arizona | ||
Formetco | Britt McConnell | brittm@formetco.com
697-951-1118 |
New digital billboards, digital billboard replacements and turnkey up from the ground |
Geneva Capital | Small leases for digital billboards nationwide | ||
Goldman Sachs | Clear Channel Outdoor, OUTFRONT | ||
Great American Capital Partners | Subsidiary of B Riley. Lends nationwide | ||
JP Morgan | Lamar, OUTFRONT, Clear Channel Outdoor Has media and entertainment group. Lamar lead. | ||
KeyBank | Finn Robbins | finn_robbins@keybank.com
801-297-5727 |
Lends on large plants |
Landmark Infrastructure | Buys easements and leases nationwide in exchange for a 1 time payment. | ||
Legacy Texas | Texas | ||
Mizuho | Lamar, OUTFRONT | ||
Monroe Capital | Seeks out of home loans nationwide. Arranged Gas Station TV loan in 2017. | ||
Morgan Stanley | Clear Channel Outdoor. Lead Bank for OUTFRONT revolver. | ||
MUFG | OUTFRONT | ||
MVB Banking | West Virginia, Virginia | ||
Nicolet Bank | Timothy Heinrich | theinrich@nicoletbank.com
920-617-5392 |
Wisconsin |
PNC | Lamar (revolver and receivables financing line) | ||
PNC Equipment Finance | Official financing partner of Daktronics | ||
Quaint Oak Bank | Kathy Kopaczewski | lpaglia@quaintoak.com
215-364-4059 |
Landowners leased fee interests |
SG Credit Partners | California | ||
Stark Capital Solutions | Craig Berry | cberry@starkcapitalsolutions.com
260-433-5833 |
$250,000 to $5 million loans. Static builds, acquisitions, and digital billboards |
Sumitomo Mitsue | Lamar, OUTFRONT | ||
Summit State Bank | Joel Louraine | jlouraine@summitstatebank.com
707-568-4945 |
California |
TD Bank | OUTFRONT, Lamar | ||
Truist | Lamar, OUTFRONT | ||
United Bank | Grey Outdoor’s lender. Regional bank making small loans in SC and NC | ||
US Bank | Lamar, OUTFRONT, US Bank Has Telecom and Media group | ||
Verde Capital | Rickard Strom | rickard.strom@verdeoutdoorcapital.com | Nationwide $1 to $50 million |
Wauchula State Bank | bunzueta@crewsbankcorp.com
863-767-5022 |
Georgia and Florida | |
Wells Fargo | Lamar, OUTFRONT, Clear Channel Outdoor Has tech, media and telecom group. | ||
WhiteHawk Capital Partners | Mark Shields | mshields@whitehawkcapital.com
310-966-1444 |
Lends on large plants |
Whitney | Lamar. Regional bank in Louisiana | ||
YESCO Financial Solutions | Tony Hull | thull@yesco.com
801-464-6482 |
Lease financing. $100,000 to $2 million. Digital billboard construction and conversion. |
[wpforms id=”9787″]
Paid Advertisement