Property: Self Storage Facility
Location: Vancouver, WA
Address: 16600 SE 18th Street, Vancouver, WA
Year Built: 2020
Bridge Loan: $13,000,000 (non-recourse bridge loan)
Finance: Britt Taylor, Eric Snyder, Ivan Viramontes, and Lauren Maehler of Talonvest Capital, Inc.
Buyer: Strategic Storage Trust VI, Inc. – a REIT sponsored by SmartStop Self Storage REIT, Inc.
NRSF: 99,800
Unit Count: 1,100 units (97% of which are climate-controlled)
Highlights:
- The loans provide the client with 5-year fixed-rate financing with two years of interest-only payments
Property: Self-Storage Facility
Location: Bradenton, FL
Address: 6424 14th Street West, Bradenton, FL
Bridge Loan: $9,120,000
Finance: Britt Taylor, Eric Snyder, Ivan Viramontes, and Lauren Maehler of Talonvest Capital, Inc.
Buyer: Strategic Storage Trust VI, Inc. – a REIT sponsored by SmartStop Self Storage REIT, Inc.
NRSF: 64,400
Unit Count: 800 units
Highlights:
- The loans provide the client with 5-year fixed-rate financing with two years of interest-only payments
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