Beacon Realty Capital, a commercial real estate financial services firm, recently closed a $2.3 million refinancing transaction for a 53,000-square-foot self-storage facility in San Antonio, Texas. The five-year, fixed-rate loan was arranged using credit union financing.
Based in Chicago, Beacon arranges debt and equity financing for new and existing projects, advises on the acquisition and disposition of real estate assets, and provides commercial loan servicing for correspondents. Since its founding, the firm has closed debt and equity financings totaling more than $5 billion.
Related Articles:
How Will Self-Storage Owners Survive the Credit Crisis? ...
The State of Self-Storage: Industry Report 2009