Ready Capital has closed a $22.8 million loan for the acquisition and stabilization of a 1,649-unit self storage portfolio located in the metro Columbus cities of Grandview Heights and Upper Arlington. The nonrecourse loan features interest-only payments, a floating rate and a three-year term. The borrower was undisclosed.
Related posts
-
Talonvest Secures $205.2 Million Financing for Etude Storage Portfolios in Eight Midwest and Sunbelt States
On behalf of Etude Capital and its affiliates, Talonvest Capital, Inc., a boutique commercial real estate... -
Affinius Capital Originates $17.25 Million Loan to Refinance Storelocal Self-Storage Portfolio in Nashville, Tennessee
Affinius Capital LLC today announced the closing of a $17.25 million loan to refinance a Storelocal... -
NexPoint Fully Subscribes $45 Million Self-Storage DST
NexPoint, a multibillion-dollar alternative investment firm, today announced that it has fully subscribed its NexPoint Storage...