Terrace Capital, a full service real estate investment bank, announces the origination of a $21.5MM mortgage on six self storage facilities located in Texas. The high leverage, acquisition financing provided a 100% loan-to-cost mortgage on three of the six facilities.

New York, New York - December 5, 2012 - (www.terracecapital.com) Terrace Capital announced today that it has secured $61MM in non-recourse financing for a portfolio of single tenant, industrial properties located in nine states.

One of the biggest financial commitments which any individual or family has to make is in terms of mortgages. Homes, cars, holidays, home improvements are some of the various important things for which borrowing finance...

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