Storage Business Owners Alliance
30665 Northwestern Highway  Suite 100
Farmington Hills, MI 48334 USA
Toll Free: (248) 254-9000
(248) 254-9000
Phone: (248) 254-9000
Fax: (248) 538-4327

Featured Deal: June 2018

Date: 5/21/2018

The BSC Group has arranged two loans totaling $6.7 million in proceeds used to acquire two self storage properties located in suburban Dallas, TX for a growing national sponsor. The new bank loans feature a four-year term with two extension options and a low fixed rate, as well as a flexible structure that will allow the borrower to reposition the properties post acquisition in the near term according to their growth strategy prior to rolling the properties into more permanent, long term non-recourse debt.