Basis Industrial Secures $11M Construction Loan For Self Storage Facility In Melbourne, FL | 2560 Aurora Road | American Momentum Bank | Self Storage | Loan

Summary

Loan

FLORIDA

Self Storage

126,741 sqft

Located at 2560 Aurora Road in Melbourne, FL, this self storage property encompasses a total of 126,741 square feet. The transaction was a closed deal and involved a construction loan.

Summary of transaction details:

Property Type: Self Storage
Transaction Amount: $11,000,000
Market: Melbourne, FL
Landlord: Basis Industrial
Lender: American Momentum Bank
Loan Type: Construction

The loan for this self storage property, located at 2560 Aurora Road in Melbourne, FL, was provided by American Momentum Bank. The landlord involved in the transaction is Basis Industrial. The loan amount for this construction project was $11,000,000.

Players

All
1

Lenders
1

American Momentum Bank

Details

Deal Summary

FINANCED

IMAGE: Anthony Scavo & Dan Weinstein DATE: 11/14/2023 ADDRESS: 2560 Aurora Road MARKET: Melbourne, FL ASSET TYPE: Self Storage ~ SF: 126,741 LANDLORD: Basis Industrial (@BasisIndustrial) (@AnthonyScavoJr) LENDER: American Momentum Bank LOAN AMOUNT: $11,000,000 LOAN TYPE: Construction

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Address2560 Aurora Road

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