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Featured Deal of the Month: January 2017

Posted: 1/10/2017
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The BSC Group recently closed a $12.84 million non-recourse construction loan for a to-be-constructed self storage facility in Queens, NY. The seven-year construction mini-perm loan featured a four-year initial term with a three-year extension option and a very attractive interest rate under 4%. The non-recourse loan proceeds will be used to construct a new 75,000-square-foot state-of-the-art self storage facility for an institutional sponsor.

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