Lodge Financial Provides $6M Loan For Self-Storage Property In Huntley

A self-storage property located at 11200 Kiley Drive in Huntley has recently undergone a successful transaction. The property consists of 594 units and was transferred on November 18, 2020. The transaction was facilitated by Lodge Financial's representative, Matt Bowker.

Summary of transaction details

• Property Type: Self-Storage
• Transaction Amount: $6,000,000
• Loan: Lodge Financial, represented by Matt Bowker
• Loan Amount: $6,000,000
• Loan Terms: Two-year term loan with a 75 percent loan-to-value ratio

This deal demonstrates the steady demand for self-storage assets in the Huntley market. The property's prime location and its sizable 594 units made it an appealing investment opportunity. The loan provided by Lodge Financial, with Matt Bowker as its representative, amounted to $6,000,000, with a two-year term and a loan-to-value ratio of 75 percent. This transaction reflects the confidence in the self-storage market and highlights the success and experience of Lodge Financial and its representative, Matt Bowker.