Construction Lending
We've got a 60,000 sq.ft. project in Northern Ca that I am building in two phases- 30k and 30k. It's our first self storage facility so track record is minimal. We've got a solid feasibility study, appraisal complete, permits, and our cost breakdown is buttoned up. What's competitive in this fiancial enviornment and if anyone has a good source of capital for new construction self storage please let me know? Our LTV needed is 60%
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