What we finance
- Acquisitions of existing facilities
- Expansions and phase-two construction
- Conversions of retail or industrial buildings to storage
- Lease-up bridge financing
- Boat and RV storage
How it works
Stabilized facilities can use bank, CMBS or our no-doc commercial 30-year fixed (up to 70% LTV and $5MM, no rent roll required). Facilities in lease-up or conversion use bridge financing until occupancy supports a permanent loan.
Self-Storage Loans: terms at a glance
| Loan types | Purchase, refinance, cash-out, bridge, construction |
|---|---|
| Structures | Bank, SBA, bridge and private capital |
| No-doc option | 30-year fixed to 70% LTV, $5MM max |
| Credit under 600 | Commercial bridge up to 65% |
| Extra leverage | Seller carry to 90% CLTV |
Terms shown are representative and subject to underwriting, appraisal and state availability. All loans are business-purpose loans on non-owner-occupied property. This is not a commitment to lend.