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DEAL SPOTLIGHT

$2.3M Self- Storage Acquisition | Lemoyne, NE

Terrydale Capital

12th January 2023 · 3 min read

Today’s Deal Spotlight focuses on the acquisition of a Self-Storage Property in Lemoyne, NE for $2.3 million. Due to the market landscape, our clients required a quick close, and achieving competitive rates was a top priority.

What We Were Up Against

The challenge of closing a deal within 35 days while also securing a new lending relationship is no easy feat, but the team approached this task with quick thinking and dedication, utilizing an extended preferred lender network to find the right fit.

What Our Team Helped Turn Around

Terrydale Capital navigated a smooth process from start to finish, thanks to clear communication, top-notch preparation of documents, and new lender partnership. The deal was closed within the expedited timeline while satisfying everyone’s demands on the following terms:

  • $2,287,500 Acquisition
  • 5.5% Fixed Interest Rate
  • 24 Months Interest Only
  • 5-Year Loan Term
  • 25-Year Amortization
  • 75% LTC

In Closing

When it comes to commercial real estate financing, Terrydale Capital is the number one partner and advocate an investor can have on their side. We prioritize competitive terms and client success regardless of deal size and complexity and elevate the resources and decision-making processes available to new and experienced investors.

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