JLL arranges $15.5 Million construction financing for self-storage development in Bend, Oregon
United States, April 30 -- JLL Capital Markets announced it has arranged $15.534 million in construction financing for Badger Road, Bend Self Storage, a ground-up self-storage facility located at 20130 Badger Rd. in Bend, Oregon.JLL worked on behalf of the borrower, Signal Ventures, to secure the loan through Live Oak Bank.The shovel-ready development will deliver 118,800 gross square feet encompassing 92,584 net rentable square feet across 877 climate-controlled units on a strategically positioned 1.87-acre site.The property enjoys prime visibility along US Route 97, Bend's primary north-south thoroughfare and the busiest road in the city with an average daily traffic count of 24,826 vehicles. The site is fully entitled for self-storage wi...
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