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Tyler Figley Of Affinius Ca...

Tyler Figley Of Affinius Capital Provides $16.16M Refinance For Summerland Storage Partners In MO And FL
FINANCEDSelf Storage

Tyler Figley Of Affinius Capital Provides $16.16M Refinance For Summerland Storage Partners In MO And FL

$16,160,000

Building Size

Asset Type

Self Storage

Closing

Jan 11, 2026

AI

A refinance transaction was completed for Summerland Storage Partners involving a self-storage portfolio comprising 1,341 units located in Fenton, MO, and Clearwater, FL. This two-property portfolio is classified as Class A assets, indicating their high quality and favorable location in growth markets, which supports a long-term hold strategy and portfolio diversification.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: $16,160,000
  • Lender: Tyler Figley - Affinius Capital
  • Landlord: David Dodman - Summerland Storage Partners
  • Brokers: Shawn Hill & Adam Karnes - The BSC Group
  • Units: 1,341
  • Loan Type: Refinance

The transaction was facilitated by Tyler Figley representing Affinius Capital, who provided the financing, while David Dodman represented Summerland Storage Partners. The negotiation and arrangement of the deal were conducted by brokers Shawn Hill and Adam Karnes from The BSC Group, demonstrating a collaborative effort among experienced professionals in the market.

Players

Shawn Hill

The BSC Group

Broker

$45M

vol

4 deals

Broker
Affinius Capital
Affinius CapitalLender

Market Self Storage Market Snapshot

Boundary boundary · Self Storage · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.98%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93