$9.95MM RV and Self Storage Acquisition | Indianapolis, IN

In today’s Deal Spotlight, we’re highlighting the successful financing of a $9.95 million acquisition of an RV and Self-Storage hybrid asset in Indianapolis, Indiana. Despite facing several challenges in securing financing for a non-traditional asset during a rising rate market, our team was able to leverage our industry expertise and lender relationships to secure favorable loan terms that met everyone’s needs.

What We Were Up Against

Our borrower came to us seeking financing for a more non-traditional asset type – a Hybrid RV and Self-Storage facility in Indianapolis. Not only did they need financing during a rising rate market, but the budget underwent significant changes that required constant attention. To make things more complicated, the loan terms were extensive and required ongoing negotiation throughout the deal.

How Terrydale Rose to Meet the Challenge

Despite the challenges, our team was able to leverage our closely curated lender relationships to lock in a competitive rate for the borrower. We engaged in ongoing conversations with both the lender and the client to negotiate mutually beneficial loan terms that were satisfactory for all parties involved. Despite the complexities of the deal, we were able to meet the same targeted closing date and secure the following terms for our borrower:

• $9,950,163 Acquisition
• 7.00% Fixed Interest Rate
• 5-Year Loan Term
• 25-Year Amortization
• 60% LTV

In Closing

At Terrydale Capital, we pride ourselves on our ability to provide creative financing solutions for unique assets like the RV and self-storage facility we helped secure financing for. Our industry expertise and lender relationships make us uniquely positioned to navigate the complexities of the commercial real estate market and secure favorable loan terms for our clients. Click the link below to submit your loan request as well as access our Deal Pipeline.