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
-
William Warren Group Completes Portfolio Refinance Across Five US States
Talonvest Capital arranged a $40.2 million refinance for a five-property self-storage portfolio owned by William Warren... -
JLL Arranges $15M Construction Financing for Self-Storage Development in Bend, Oregon
JLL has arranged $15.534 million in construction financing for Badger Road, Bend Self Storage, a ground-up... -
Marcus & Millichap Capital Corp. Arranges Financing for Two Self-Storage Properties in Florida City, Florida and Hiram, Georgia
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing...