The BSC Group LLC, a commercial real estate financing advisor and provider of debt and equity capital solutions for self-storage owners, reported a record year in 2012 and is experiencing its best first quarter ever in 2013, according to a press release.

February 28, 2013

1 Min Read
Self-Storage Finance Firm BSC Group Reports Record Year in 2012

The BSC Group LLC, a commercial real estate financing advisor and provider of debt and equity capital solutions for self-storage owners, reported a record year in 2012 and is experiencing its best first quarter ever in 2013, according to a press release. Last year the firm successfully executed 36 transactions on 73 properties totaling $176 million. The deals used a wide range of loan types including Small Business Administration (SBA), insurance/portfolio, commercial mortgage-backed securities (CMBS), regional bank, local bank, hard money/bridge, equity and credit union.

The BSC Group also reports having an extremely productive first quarter in the new year, with more $45 million closed and approximately $79 million under application and expected to fund.

We are obviously very pleased with our firms performance, 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, said Shawn Hill, principal. We have a relationship focus, and that is paying off.

The company's record volumes also speak to the recovery of the capital markets and the return of liquidity, said Devin Huber, also a principal. We are more than optimistic about our firms 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.

BSC 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 company provides access to debt and equity financing for commercial real estate investments nationwide.

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