3.2MM – North Carolina – Self Storage

$3,200,000

Area

Morganton, NC

Property Type

Self Storage

Loan Type

CMBS

The sponsor needed a refinance of a floating high interest SBA loan. LFCP secured a non recourse 10 year fixed rate, full term IO, CMBS product at 7.74%. Additionally, This loan allowed the Sponsor to cashout funds needed to develop an adjacent self storage development site.

(212) 537-9410

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Established 2012, we offer NATIONWIDE Commercial Real Estate Lending Solutions

* LFCP is a CRE Consultancy with Nationwide Capital Partners.
We are not a Direct Lender or Bank.

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Andre Samuels
Gary Botchman
John Myers
Eric J. Allen
Matthew Moss
Kevin Delmarr
Chad Broder
Matthew Hochstrasser
Vince Monaco
Karen Mayo
Miriam Rodriguez

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