$205,000 Self-Storage Refinance | Millerstown, PA
Terrydale Capital
Dec 10, 2024 2 Min read
We at Terrydale Capital understand the value of helping first time investors reach success in the commercial real estate market. When our client came to us seeking a refinance on their self-storage property in Millerstown, Pennsylvania, our team was more than happy to work with them towards success..
What We Were Up Against
The borrower came to Terrydale Capital with their very first deal, which in today’s market can pose itself a challenge depending on the lending avenue. Additionally, the borrowers sought quick cash but only wanted to use bank-style debt.
How Terrydale Rose to Meet the Challenge
Our team went to work and were able to utilize a banking relationship allowing to close in 30-days. We managed communication between the lender and borrowers to ensure the timely close amidst the market uncertainty. We were able to secure the following terms.
- $205,000 Refinance
- 8.00% Fixed Interest Rate
- 5-Year Term
- 15-Year Amortization
- 50% LTV
In Closing
Terrydale Capital is posed to tackle any kind of deal that comes through our doors, challenges and all. We pride ourselves on being able to garner success for our clients and secure the best terms by utilizing our wide breadth of lender and industry connections as well as taking advantage of market opportunities when they come. When you need a partner to go to bat for your property acquisition, the Team at Terrydale is the right choice. Contact us today!
Partner With Terrydale Capital for Your Debt Financing Needs
When it comes to debt financing, understanding the right timing, process, and options is crucial. At Terrydale Capital, we provide a comprehensive range of commercial loan solutions tailored to meet your business's unique needs.
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Headquartered in Dallas, Texas, Terrydale Capital is a leader in commercial real estate financing. We have close relationships with the nation’s top banks, lenders & family offices allowing us to provide the most competitive financing solutions in the market.
