Revere Capital funded a $4,400,000 loan secured by a first lien on a to-be-completed self-storage facility located in a high growth submarket of Denver. Upon completion, the property will be a Class A facility with approximately 700 climate-controlled units.
- Loan funded mid-construction (approximately 60% complete)
- Proceeds will be used to complete construction
- Loan will bridge the borrower to certificate of occupancy issuance