Storage Business Owners Alliance
(248) 254-9000
Login  |  Join Now!
Twitter - Follow us on Twitter! Facebook - Look us up on Facebook! LinkedIn - We’re Linked! YouTube -
Featured Deal: November 2018
Posted 10/17/2018
 
print this article print    Email A Friend email    Share with Twitter   Share with Facebook   Share with LinkedIn   Share with del.icio.us   Share with Newsvine   Share with Reddit   Share with StumbleUpon   Share with Technorati  

The BSC Group recently arranged a $6.8 million partial recourse construction loan for a national sponsor. Loan proceeds will be used to construct a 115,000 square-foot self storage facility with more than 900 units in suburban Indianapolis. The loan featured a 48-month initial term with 36 months of interest-only payments and limited the guarantor’s recourse obligation to 25% of the advance upon completion, with a floating interest rate over LIBOR.

Featured Vendors:
Contact us
News - Storage Business Owners Alliance

Storage Business Owners Alliance
30665 Northwestern Highway
Suite 100
Farmington Hills, MI 48334 USA
www.thesboa.com

Phone: (248) 254-9000
Fax: (248) 538-4327
Email: info@thesboa.com