Transaction Type
Self Storage
Loan Type
Bridge Loan
Loan Term
3 Years + 2x1 Year Extensions
Highlights
• Construction loan take-out on a new 538-unit self-storage facility in Vancouver, Washington.
• Infill location surrounded by light industrial and residential areas.
• Loan closed upon receipt of Certificate of Occupancy and was beginning its initial lease-up.
• Class A property that is well-located and professionally managed by CubeSmart.
