| Property: | Go Store It 4 Property North Carolina Portfolio |
| Location: | Arden, Asheville, Charlotte & Wilmington, NC |
| Description: | Four recently built, Class A, state-of-the-art, self storage properties. The portfolio includes a mix of 2,355 climate controlled and non-climate-controlled units and totals 255,064 square feet. All four properties benefit from their respective proximity to nearby industrial uses, single-family/multi-family residential housing and retail centers. |
| Loan Type: | Refinance/Bridge Loan |
| Capital Provider: | Life Insurance Company |
Client Benefits:
- No lease up covenants
- Eliminated interest rate risk with 5-year fixed rate loan term
- Enhanced cash yield with an IO period
- Non-recourse