Situation/Challenges
- Refinance of two existing bank loans
- 714 units, 93.4% occupied at closing
- Non-typical loan term sought
- Sponsor wants the option to request additional loan dollars at some point during the future
- Sponsor requested forward rate lock at a volatile time in the market
Solutions/Highlights
- Sponsor is an experienced local operator with other self-storage properties in the area
- Added provision in loan documents that allows a request for additional loan dollars
- A10 provided forward rate lock and extended it to accommodate a delayed closing
- Non-recourse
- 15-year term
- Bridge Loans
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Loans with 3-5 year terms and future funding facilities for un-stabilized properties or shorter term business plans
Learn More - Perm Loans
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Fixed-rate, long-term loans ranging from 7-20 years for stabilized middle-market commercial properties
Learn More - Bridge to Perm Loans
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Seamless financing for the full property life cycle – from transition through stabilization
Learn More - Note Purchase Loans
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Financing for distressed debt acquisitions
Learn More - SFR Loans
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Non-recourse loans for single-family rental portfolios consisting of 5 or more properties with no lending limits.
Learn More - Freddie Mac SFR Pilot Program
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Lower cost financing options for single-family rental investors in the affordable housing space.
Learn More
Why should you work with A10 Capital?
- Balance Sheet Lender
- Highly Customized Loan Structures
- 100% In-House White Glove Service
- Non-Recourse
- Specialized and Middle Market Focus
- Institutional Backing
- Better than a Bank
- Responsible Lender, Not Loan to Own
