3650 Capital Furnishes Construction Loan for Yonkers Self-Storage
3650 Capital has provided an approximately $24-million senior construction loan to finance the completion of 1060 Nepperhan Avenue, a 949-unit self-storage development located in Yonkers, NY. The project will be branded and operated by CubeSmart. The development is sponsored…
3650 Capital has provided an approximately $24-million senior construction loan to finance the completion of 1060 Nepperhan Avenue, a 949-unit self-storage development located in Yonkers, NY. The project will be branded and operated by CubeSmart. The development is sponsored…
BELLINGS Intelligence Score: 12
Why it matters
This is a routine construction loan financing for a self-storage development, representing ordinary business activity with limited broader market impact or novelty.
Sources
Connect CRE
3650 Capital Furnishes Construction Loan for Yonkers Self-Storage
3650 Capital has provided an approximately $24-million senior construction loan to finance the completion of 1060 Nepperhan Avenue, a 949-unit self-storage development located in Yonkers, NY. The project will be branded and operated by CubeSmart. The development is sponsored…