The Madison Group (TMG), a nationwide commercial real estate
advisory and financing consulting firm, announced the successful
closing of a $12.0 million cash-out refinance for a portfolio
of three self-storage facilities located in Texas.
TMG acted as the borrower’s advisor, structuring and arranging the
refinancing to meet the sponsor’s objectives of optimizing leverage and
enhancing cash flow across the self-storage portfolio. The repeat client
engaged TMG to refinance existing debt and capitalize on favorable market
conditions within the self-storage lending sector.
The transaction was completed with a 10-year interest-only term,
a fixed interest rate of 6.05%, and a 30-year
amortization, providing long-term stability and improved liquidity.
With a strong track record in self-storage financing, cash-out
refinance loans, and portfolio-level debt solutions, The Madison Group
continues to serve as a trusted advisor to self-storage owners and investors
nationwide.
Transaction Summary
·
Location: Texas
·
Property Type: Self-Storage
Facilities (3-Property Portfolio)
·
Loan Amount: $12,000,000
·
Interest Rate: Fixed at 6.05%
·
Term: 10 Years Interest-Only
·
Amortization: 30 Years