$22,100,000 | 1784 Capital Holdings

Property: 7245 East Gold Dust Ave.
Location: Scottsdale, AZ
Description: Class-A, Life Storage branded property featuring 82,115 net rentable square feet comprised of 854 climate-controlled self storage units of which 86 units are drive-through storage units on the first floor of the facility. Situated adjacent to Paradise Valley, the most affluent community in Arizona, the property also benefits from being located within 1-mile of two of Scottsdale’s largest and oldest master-planned communities.
Loan Type: Refinance/Bridge Loan
Capital Provider: Debt Fund

Client Benefits:

  • Repatriated equity via a high LTC loan advance
  • Non-recourse
  • 3-year term with extension options
  • Pre-payment flexibility enhanced owner’s future options