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Featured Deal: February 2019
Posted 1/29/2019
 
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The BSC Group recently arranged $15.12 million in bridge loan proceeds for a midwest-based institutional sponsor. The financing package was used to acquire a ten-property self storage portfolio with various locations spread over five states. The 36-month interest-only loan featured a competitive spread of 200 basis points over Libor and is open to prepayment at any time. The loan was placed with a regional bank.

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Storage Business Owners Alliance
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