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.

Amount: $5,100,000

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.