The Madison Group Arranges $17.2 Million Cash-Out Refinance for 11 Self-Storage Facilities in Texas

The Madison Group (TMG), a leading nationwide source for commercial real estate financing, is pleased to announce the successful refinance of a self-storage portfolio located in Texas, securing a loan amount of $17,200,000.This transaction features a non-recourse structure, providing the client with enhanced financial flexibility. The loan incorporates an earn-out provision, allowing the sponsor to strategically manage cash flow while benefiting from a gradual prepayment penalty structure of 3,2,2,0.

The sponsor's primary objective was to refinance their existing debt to minimize personal liability through a non-recourse structure. By leveraging TMG's extensive network of leading lenders, the transaction not only ensures efficient financing but also positions the portfolio for future growth. The structure allows the sponsor to focus on operational improvements that may enhance asset value over time, while maintaining a competitive stance in the self-storage market.

With a strong foundation in commercial banking and a track record of successfully navigating complex financing solutions, The Madison Group is dedicated to delivering exceptional results.

Transaction Summary

·       Location: Texas

·       Property Type: Self-Storage Facilities (11-Property Portfolio)

·       Loan Amount: $17,200,000(includes earn out)

·       Guaranty: Non-Recourse

·       Prepayment Penalty: 3,2,2,0

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