FJR’s PLAS® financing program makes the contractors responsible for all hands-on management and improvements to the properties during the term of their NNN master leases. The contractors are required to provide all of the necessary improvements to the properties at their sole expense without encumbrances. They then can sublease the properties to renters (who may also be prospective buyers) during the term of their lease. The contractor’s entitlement to a significant fee only occurs upon a successful sale of the properties within the two-year lease term at a profit in excess of the preset financing costs charged by FJR.

Since commencing operations in the spring of 2009, FJR Capital has completed 21 transactions with a total market value of approximately one and a half million dollars. All FJR properties are owned free and clear of any indebtedness encumbering the properties. FJR Capital is currently seeking additional interested parties for this successful PLAS® financing program.