LNL Capital has named Todd Stender as managing director, supporting capital formation and investor relations initiatives. Stender was previously a senior director at Irvine Co., a private real estate investor, and a managing director at Wells Fargo Securities where he led the net-lease equity REIT research team.
“Demand for net-lease equity and debt solutions for retail, industrial and other property types continues to grow due to corporations and franchisees expanding their footprints, ongoing demand from corporations to enter sale-leaseback transactions, and property owners’ need to refinance legacy assets,” said Stender. “It’s a very exciting time for this strategy, and I am thrilled to be part of the outstanding team at LNL Capital.”
Mac Johnson also recently joined LNL Capital as a senior associate, underwriting new investments. Previously, Johnson was an underwriter at Spirit Realty Capital, a Dallas-based REIT acquired by Realty Income in 2024. Befor