Deal: Premier Storage-Hillsboro
Location: Hillsboro, OR
Collateral: Exceptional high-end self-storage facility with wine storage across the street from a large shopping center.
Type: Perm-Fixed, Refinance
Purpose: The borrower wanted to refinance their maturing debt as well as to lock in a 25-year fixed rate. We were able to find them a life company lender that perfectly matched their goals, including a step-down prepayment penalty.