Self-Storage Financing:

Loan Amounts from: $1,000,000 - $100,000,000

                                                           

AARCS provides conventional lending all over Nationwide on loan requests for Self-storage financing. We will provide financing on all types of self-storage facilities. AARCS will work with you to provide the right loan structure for your self-storage facility whether it is a purchase, refinance, or construction. We have financed self-storage facilities that are being leased up, are already fully leased, or have yet to start construction.

We specialize in providing permanent financing for self-storage projects. AARCS can provide you with either fixed or adjustable rate options depending on your need. If you are purchasing a self-storage facility that is struggling and needs to be turned around AARCS can offer you a loan based off future projections.

This loan is typically amortized over 25 years with a term of 5 years. This gives you the time to turn your self-storage property around and then finance it with a longer-term fixed rate mortgage.

Please review our self-storage financing options below:

Self Storage Lending:

Property Types:

Self Storage, Mini Storage

Loan Amounts:

$1M - $100M

Loan Types:

Acquisition, Refinancing, Construction, Bridge, Mezzanine

Terms:

3, 5, 7, 10, 15 or 20 Years

Amortization:

15 - 30 Years

Minimum DSCR:

1.20% - 1.40%

Maximum LTV:

75% - 80%; Seller Carry Back Allow

Recourse:

Full-Recourse and Non-Recourse;  options available (Depending on loan size and quality)

Rate Benchmark:

Treasury Rate / Prime Rate / Libor Rate / FHLB Rate / Swap Rate

Margin:

50 400 basis points

Geographic Location:

Nationwide

Closing:

Borrowing Entity - Single Purpose Entity required
Prepayment - Defeasance/Yield Maintenance/Fixed Declining
Assumption- Allowed
Escrows- Varies based on loan size and asset quality

Third Party Reports:

MAI Appraisal / Property Condition Reports
Phase I Environmental / Title / Survey

Application Fee:

None to AARCS; Varies by Lenders

Funding:

45-90 days from complete due diligence package