The BSC Group Closes $31 Million Acquisition Financing Package Despite Pandemic Lending Market Volatility

The BSC Group, a Chicago based self-storage and commercial real estate financing advisor, has closed a $31MM CMBS loan for the acquisition of an 8 property self-storage portfolio located in Memphis, TN. The portfolio is comprised of roughly 3,500 units and totaling 490,000 square feet of net rentable self-storage. The 10-year non-recourse debt package featured 2 years of interest-only loan payments and was aggressively [PR.com]
Source: pr.com
The BSC Group Closes Million Acquisition Financing Package Despite Pandemic Lending Market Volatility