Deal Type: Cash-Out Refinance
Loan Amount: $2,707,500
This deal was a 5-year mortgage loan with a 30-year amortization. The property is a 387-unit self-storage center located in Kalamazoo, Michigan.
Stronghill Capital was able to meet the borrower’s timeline by
closing in a timely manner and providing funds to grow the borrower’s commercial real estate investment portfolio.