$45,500,000 | 1784 Capital Holdings

5204 River Road, Bethesda, MD 

Upon completion of the development of this high-exposure commercial site in affluent Montgomery County, adjacent to the nation’s capital, the property will consist of a 131,559 net rentable square feet of climate-controlled space in approximately 1,560 units. The property will have nine levels, five of which are above grade, and will be the highest-quality storage facility in the area. The surrounding area features destination retail, commercial services, high-rise luxury apartments, and condominium buildings.

Loan Type

Construction Loan

Capital Provider

Private Lending Firm

 

Client Benefits:

  • Non-recourse, 3-year loan
  • One, 1-year extension option
  • Prepayment flexibility
1784 Capital Holdings - Bethesda, Maryland Self Storage deal

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