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Capital Markets Loans |
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| Request a Quote Today! |
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| Provide some basic information
about the property and commercial financing you’re
seeking and we will provide a no cost no obligation
quote. |
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Security and privacy protected
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No social security number required
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No credit inquiry
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No cost or obligation
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| Why Choose Capital Assets,Inc |
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| Capital Assets,Inc's Capital Markets Conduit Lending Group has the
experience and capital markets relationships necessary to
properly structure your commercial real estate loan to ensure
successful execution at the lowest fixed rates and costs in the
market. |
- No point options
- No up-front fees
- No securitization fees
- No investment bank fees
- Low commitment deposits
- In-house processing
- Interest only payment option
- Non-recourse
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| Multifamily Loan for Life™ |
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| With fixed
interest rates up to 30 years, Capital Assets,Inc's
Multifamily Loan for Life eliminates interest rate risk
preserving the integrity of your investment. |
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Fixed rates up to 30 years
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No balloon payments
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No interest rate resets / adjustments
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Non-recourse
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Home >
Commercial Loan Center Refinance or Purchase |
CMBS Conduit Self Storage Building Loans Overview
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Capital Assets,Inc provides permanent
fixed rate commercial
financing for the
acquisition or refinancing
of stabilized self storage
and mini-storage properties.
Capital Assets,Inc offers attractive
fixed rate pricing starting
at industry low spreads
above the comparable "on the
run" Treasury rates for self
storage loan sizes above $2
million through its Conduit
Self Storage Loan program.
Conduit loans for self
storage properties offer low
interest rates, high
leverage up to 80%, and
requires no personal
guarantees.
For self storage and
mini-storage properties with
loan sizes under $2 million,
Capital Assets,Inc offers self storage
loans through its
small balance commercial
mortgage program. |
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CMBS Conduit Self Storage Property Loan Program Guidelines
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Eligible Properties |
Self storage and mini-storage properties
that are stabilized and are located in high
traffic metropolitan areas. Construction
should be concrete block, brick, or wood
framed. Preference is shown towards single
story facilities unless a drive-up access is
provided.
Metal building self storage facilities
accepted on a case-by-case basis with limits
on both term and amortization.
Mezzanine and Bridge self storage loans
are available on a case-by-case basis for
properties in the "lease-up" phase or that
require substantial rehabilitation. Contact
Capital Assets,Inc's Capital Markets Group for
additional information. |
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Loan Size |
$2 million. |
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Pricing |
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Tiered
pricing based on LTV and DSCR.
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Industry low spreads above comparable "on the run" Treasury rates.
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Locations |
Self storage and min-storage properties
located in mid to large
market sectors and small market sectors with
strong sponsorship. |
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Loan Terms |
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5, 7,
and 10 year fixed rate terms (balloon at end of
fixed term).
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25 and 30 year amortizations.
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Prepayment |
Defeasance or yield maintenance. |
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Personal Guarantee |
Non-recourse subject to standard
carveouts. |
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Minimum DSCR |
1.25-1.35. |
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Loan-to-Value |
Maximum of 80%. |
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Rate Lock |
At commitment. Early rate lock may be
available for qualified sponsors. |
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Minimum Occupancy |
90%
stabilized properties, 12 month trailing cash flow must
support minimum DSC requirements. |
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Impounds |
Taxes,
insurance, and replacements. |
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Preliminary Submission Package for a
Conduit Apartment Loan |
Include the following in your request
for a conduit apartment loan quote:
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Property description and location map.
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Representative color photographs.
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Current rent roll and year-to-date operating statement.
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Operating history - prior 2 years, if available.
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Current year operating budget.
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Existing debt and cost basis.
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Sponsor resume.
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Conduit Self
Storage
Commercial
Loans -
Commercial
Real Estate
Loan
Program Home
Page
Conduit self
storage
property
loans
are provided
on
commercial
real estate
property
types
located in
the
Continental
United
States.
Minimum self
storage
commercial
loan size is
$2,000,000. |
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