| Property: | 1599 Memorial Drive |
| Location: | Atlanta, GA |
| Description: | Class-A, institutional quality self storage development located at 1599 Memorial Dr. SE in Atlanta, GA. The facility’s competitive advantages include its best in class design and construction, 100% climate-controlled units, high visibility and strategic placement along the south side of Memorial Drive SE in proximity to the I-20 and Moreland Avenue interchange, approximately three miles east of downtown Atlanta. |
| Loan Type: | JV Equity & Construction Loan |
| Lender: | Clark Investment Group & Midwestern Bank |
Client Benefits:
- JV Equity with a long-term hold orientation
- Non-recourse construction loan
- 70% advance rate
- 5-year loan term
- Interest only payments for the full term