SELF-STORAGE LOANS
Pioneer Realty Capital has access to many self-storage real estate loan programs up to $16MM and up to 70% loan to value for a purchase or refinance and 90% loan to cost for ground up construction or expansion of a facility. PRC facilitates loans for self-storage via SBA 504, SBA 7(a), USDA, and thousands of other lending programs. You may also qualify for a new special fixed-rate financing program to help you fix your rising interest rates. Please call Charles Williams at 817-405-0218 to discover all your self-storage financing options.
MULTIPLE OPTIONS
The PRC self-storage financing team can guide you through the application process to buy, build, refinance, or improve your property from day one.
Our self-storage financing guidelines include:
- Construction, acquisitions and refinancing
- Loan amounts up to 90% LTC
- Top 100 MSA market (preferred)
- 3 years management experienced sponsor (preferred)
- 15% sponsor equity (preferred)
- Stabilized occupancy (preferred)
- Projected DSCR 1.25 min. (preferred)
- Bridge loan terms to 3 years
- Fast closings within 30 days
- Call Charles Williams at 817-405-0218
LOANS $1MM TO $400MM
Refinance – Purchase – Bridge – Repositioning – Permanent
Your alternative to banks
Purchase, refinance, expand or build a self storage or mini-storage facility. PRC knows what it takes to get you funded, and we won’t waste your time on deals that may or may not work.
Working for you
Customers are always surprised at how fast PRC finds and closes commercial real estate loans.
Your Preferred Nationwide Self-Storage Lender
Commercial Real Estate Financing Fast by Pioneer Realty Capital
Whether you’re looking to refinance an existing self-storage property or build a new one, Pioneer Realty Capital has a loan that will get you funded quickly.
Want to learn more? PRC has put together the following guide for self-storage real estate and financing. It includes the required documents for financing self-storage.
FAST APPROVALS – COMPETITIVE RATES – FLEXIBLE TERMS
Program | Term | Rate | Min DCR Purch/Refi | Max LTV Purch/Refi | |
---|---|---|---|---|---|
Bridge | Up to 3 year | Interest Only* | LIBOR + 400 to 650 | None | 75%/80% |
Conventional | 3 to 10 year fixed | 25-30 year | LIBOR + 145 to 300 | 1.25 | 75%/80% |
Bond Fund | 10 year fixed | 25-30 year | LIBOR + 145 to 170 | 1.25 | 75%/80% |
CMBS | 10 year fixed | 25-30 year | LIBOR + 195 to 250 | 1.25 | 75%/80% |
Construction | Up to 3 year | Interest Reserve | PRIME + 150 to 450 | None | Up to 85% of Cost |
Get Social