A private real estate company with a focus in acquiring, developing, and managing self-storage facilities worked with our business expert John Lee to reimburse the costs of constructing an 886-unit self-storage facility in Coon Rapids, Minnesota.
Our rapid processing abilities because of the longstanding relationship allowed us to quickly set up a $12M bridge loan with flexible extension options and four years of interest-only payments. Thanks to this capital injection, the borrower can focus on stabilizing the new asset while gaining long-term financing to support their upcoming construction projects.
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Backing Business: Self-Storage Private Real Estate Company