Despite the low leverage loan request, finding a suitable lender for an asset in a small market with inconsistent historical operating history was a challenge.
Adam Gregory, CCIM and Shelly Dunbar (Ratto) were able to secure a life insurance company lender for the asset that provided certainty of execution for the property acquisition.
Loan Amount: $3,000,000
Property Type: Self Storage
Property: Kuykendahl Storage
Lender Type: Life Insurance
Term: 10 Year
Amortization: 25 Year
Interest Rate: 3.50%
Acquisition
Contact today for current rates!
Adam Gregory, CCIM
702.792.7560
Shelly Dunbar
775.345.3659
As your exclusive advisors, CommCap utilizes proprietary systems, market expertise, and years of experience to secure aggressive financing options that best fit your property. Exclusive correspondent and servicing relationships with Life Insurance Company, CMBS, and Agency lenders ensure a broad and in-depth representation of current market conditions. Our team of advisors craft a loan structured to enhance revenue and allow you to focus on increasing cash flow.
We do not list, sell, manage, or lease property. We only arrange financing and are the best at what we do.