BSC Group – Deal of the Month

Self Storage Doors

The BSC Group recently arranged a $4.6MM bridge loan for an east coast sponsor. The financing package was used to refinance a self storage property that had not hit stabilization prior to the maturity of an acquisition loan that was placed on the property 24 months earlier. The new 5 year interest only loan featured a competitive spread of 375 basis points over Libor and is open to prepayment free of penalty after month 36. At 90% of cost, proceeds from the loan were used to not only pay off the acquisition loan, but also return significant equity to the investors.

About The BSC Group

The BSC Group, LLC ( was formed in 2009 and provides mortgage brokerage, financial consulting, and loan workout solutions to commercial real estate property owners.  Utilizing market expertise and a robust capital source network, the firm arranges debt and equity financing for commercial real estate investments nationwide, with a special emphasis on the self-storage asset class.

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