Construction Loans
Construction Financing for Self Storage Facilities
Construction Loans for Self-Storage Properties
The advisors at SelfStorage.Loans are standing by to assist qualified investors in accessing capital at all levels of the stack to finance the development of new self-storage properties. We enable investors to easily secure competitive floating rates at various leverage points. With a plethora of available terms to consider, construction finance offerings include anything from 24-month terms, to life company-financed construction, to permanent loans with earn-outs. Layered financing and placement of mezzanine financing or preferred equity over senior debt to reach leverage as high as 85% LTC is also possible. Our advisors are greatly experienced in arranging competitive construction financing — and in the recapitalization process afterwards when sourcing permanent debt.
2022 Commercial Financing Terms for Construction Loans
Minimum Loan: $5 million
Term: Flexible
Leverage: Up to 70% LTC
Amortization: Interest only (during construction period)
Recourse: Nonrecourse options available for loans over $20 million
Prepayment: Generally none