Self Storage / Mini Storage Facility Financing


Loan Program Features 500K and up with no Maximum

Loan Term                Fixed Rates for 5,7,10 years 

Ammortization           15 - 30 years

Loan-to-Value           up to 75% (90% w/ MEZZ CAP)

Debt Service Ratio     1.25 or more

Closing Time             30 - 60 Days

Rate Lock Period        60 Days

Reserves                   .10 psf

Vacancy                     10%

Management              6%

Prepayment Options   Defeasance-Yield Maintenance

Recourse                   NO -All loans are non-recourse with the exception of standard carve-outs

Application Fee           None

Initial 3rd Party Fees   $15,000 to $25,000

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The preferred loan source for low rate,fixed rate, long term financing is a Conduit (CMBS) Loan

Self Storage Loan Info

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We have lending programs in the following states


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