Self Storage News & Announcements | Modern Storage Media

Developer Lands Loan for Florida Property

Written by msmessenger | Oct 12, 2023 2:03:20 PM

DXD Capital has obtained a $10.33 million construction loan from TBK Bank to build a 98,550-square-foot facility on a 1.6-acre site near Doral, Fla. DXD Capital acquired the property for $3.64 million in February.

 

This is the third self-storage facility DXD Capital is building in South Florida; it also has a facility under construction in Lake Park, Fla., and another proposed in Allapattah, Fla.