$11,900,000 | Hampshire Companies

Property: 3095 South West 39th Ave.
Location: Miami, FL
Description: Class A, state-of-the-art self storage facility totaling 49,694 net rentable square feet spread across 661 climate-controlled storage units. The property also includes a single retail space consisting of 836 net rentable square feet which will be filled with a neighborhood retailer to support the dense multifamily uses in the immediate vicinity.
Loan Type: Bridge Loan
Capital Provider: Private Lending Firm

Client Benefits:

  • 3-year, interest only loan
  • Non-recourse financing
  • Two, 12-month extension options
  • Prepayment flexibility