The BSC Group, LLC, a leading commercial real estate financing advisor and provider of debt and equity capital solutions for self-storage owners, announced the company had a record year in 2012 and is experiencing its best ever first quarter in 2013. The firm successfully executed 36 transactions on 73 properties totaling $176 million last year. The deals utilized a wide range of financing vehicles, including Small Business Administration (SBA), insurance/portfolio, commercial mortgage backed securities (CMBS), regional bank, local bank, hard money/bridge, equity and credit union loans. The BSC Group is also having an extremely productive first quarter in the new year, with more $45 million closed and another approximately $79 million under application at present and expected to fund in the first quarter. “We are obviously very pleased with our firm’s performance,” said Shawn Hill, principal of The BSC Group. “And we are particularly grateful to our loyal customers who appreciate the value we bring and trust us to guide them through what can be a very complicated process. We have a relationship focus and that is paying off.” “Clearly our record volumes also speak to the capital markets’ recovery and the return of liquidity,” said Devin Huber, also a principal of The BSC Group. “We are more than optimistic about our firm’s prospects in 2013, as liquidity is continuing to hold strong; with rates hovering around historic lows, now is a compelling time for borrowers to lock in to long term fixed rate debt.” About The BSC Group The BSC Group, LLC provides financial and loan advisory, mortgage brokerage, and loan workout solutions to commercial real estate property owners and investors, with a special emphasis on the self-storage market. Through its capital source network, The BSC Group provides clients with access to debt and equity financing for commercial real estate investments nationwide. For more information, visit www.thebscgroup.com. (via PR.com)]]>
More Content
Popular Posts
The self storage industry is in a precarious...
The REITs new pricing strategy – lowering...
With the approval of both companies’...
There are an estimated 700,000 hotels in the...
Boat and RV storage has morphed and...
In a booming economy, expendable income...
It’s said that necessity is the mother of...
National Storage Affiliates Trust (NSA), the...
The question of “abandonment” of stored...
Self-storage is not an industry that is...
It’s odd that I ever get the “last word,”...
As children, most of us played “follow the...
Over the last five years, as the use of...
XYZ Storage wants to make life for its...
Mother Nature can be a cruel mistress....
Recent Posts
In an age where digitization permeates...
The storage industry went through a huge...
The self-storage industry is transforming...
Combating Break-Ins
In our industry, few...
In an era where urbanization and changing...
When Carol Mixon, president of SkilCheck,...
The bluebird is often associated with...
The U.S. Bureau of Labor Statistics reports...