CTI Restaurants, Inc. and CTI Properties, LLC (collectively, "CTI”), owned and operated by long-time quick-service restaurant industry veterans Rebecca and Todd Wilber, have secured a total of $26 million of new loan commitments. The loans were used to refinance the Company’s existing debt and provide capital for new unit development and remodels of existing locations. CTI is a West Chester, Ohio-based restaurant operating company that owns and operates 12 Taco Bell restaurants and owns the fee properties underlying ten of the restaurants in and around Cincinnati, Ohio. Auspex Capital acted as the debt placement agent to CTI for the transaction.
