Beacon Realty Capital Closes Self-Storage Transaction

Chicago, IL, September 05, 2008 --(PR.com)-- Beacon Realty Capital, a commercial real estate financial services firm with a specialized self-storage financing group, arranged variable-rate expansion financing for a Storage Today facility.

Beacon provided its client with a 30-month, interest-only, variable rate construction loan, with a two-year mini-perm at completion. Beacon secured an aggressive interest rate on this transaction using a bank execution.

Proceeds from the financing will enable the owner to convert an existing three-story furniture store into a self-storage facility. When completed, the Storage Today property will include approximately 40,400 square feet of climate-controlled storage units.

Beacon Realty Capital
Beacon Realty Capital is a Chicago-based national commercial real estate financial services company that arranges debt and equity financing for new and existing projects, advises on the acquisition and disposition of real estate assets, and provides commercial loan servicing for correspondents. Since its founding, the firm has closed debt and equity financings totaling more than $5 billion.

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