--- title: HELVETICA TEAMS UP WITH NATIONAL BROKER TO CLOSE SELF-STORAGE BRIDGE LOAN description: private money loan, self storage, small balance commercial, bridge loan image: https://blog.helveticagroup.com/hubfs/1-1.jpg --- [![Helvetica Group](https://blog.helveticagroup.com/hubfs/TheHelveticaGroup-Apr2016/Images/logo.jpg "Helvetica Group")](http://www.helveticagroup.com/) - [Home](http://www.helveticagroup.com/) - [About Us](http://www.helveticagroup.com/about-us) - [Careers](http://www.helveticagroup.com/careers) - [News](http://www.helveticagroup.com/news) - [Contact Us](http://www.helveticagroup.com/contact-us) - Enter Symbol:  - Symbol Lookup - [Services](http://www.helveticagroup.com/services) - [Lending](http://www.helveticagroup.com/services/services-lending) - [Investment Management](http://www.helveticagroup.com/services/investment-management) - [Investment Banking](http://www.helveticagroup.com/services/investment-banking) - [Family Office Services](http://www.helveticagroup.com/services/familyoffice-services) - [Property Management](http://www.helveticagroup.com/services/property-management) - [Real Estate Brokerage](http://www.helveticagroup.com/services/real-estate-brokerage) - [Transactions](http://www.helveticagroup.com/transactions) - [Investments](http://www.helveticagroup.com/investments) - [Investment Philosophy](http://www.helveticagroup.com/investments/investment-philosophy) - [Alternative Assets](http://www.helveticagroup.com/investments/altassets) - [Trust Deed Investing](http://www.helveticagroup.com/investments/trust-deed-investing) - [Helvetica Funds](http://www.helveticagroup.com/investments/helvetica-funds) - [Investment Sales](http://www.helveticagroup.com/investments/investment-sales) - [Lending](http://www.helveticagroup.com/lending) - [Products & Guidelines](http://www.helveticagroup.com/lending/products-a-guidelines) - [Submit a Loan](http://www.helveticagroup.com/lending/submit-a-loan) - [Alternative Financing](http://www.helveticagroup.com/lending/alternative-financing) - [Brokers & Bankers](http://www.helveticagroup.com/lending/broker-programs) - [Links](http://www.helveticagroup.com/lending/links) - [Research](http://www.helveticagroup.com/research) - [Trading](http://www.helveticagroup.com/trading) - [Partners](http://www.helveticagroup.com/partners) - [Partner Portal](http://www.helveticagroup.com/partners/partner-portal) - [Realtors & Brokers](http://www.helveticagroup.com/partners/realtors-a-brokers) - [Lenders & Bankers](http://www.helveticagroup.com/partners/lenders-a-bankers) - [Advisors](http://www.helveticagroup.com/partners/advisors) - [Affiliates](http://www.helveticagroup.com/partners/affiliates) - [Bank REO](http://www.helveticagroup.com/bank-reo) # News & Deals ## HELVETICA TEAMS UP WITH NATIONAL BROKER TO CLOSE SELF-STORAGE BRIDGE LOAN Posted by [Chad Mestler](https://blog.helveticagroup.com/author/chad-mestler) on Aug 23, 2016 8:02:40 AM ![](https://blog.helveticagroup.com/hubfs/Chad_Headshot-602093-edited.jpg) Find me on: [Facebook](https://www.facebook.com/Helvetica-Group-115516865679/) [LinkedIn](https://www.linkedin.com/in/chadmestler) [Twitter](https://twitter.com/HelveticaGroup) - [Tweet](https://twitter.com/share) ![1-1.jpg](https://blog.helveticagroup.com/hs-fs/hubfs/1-1.jpg?width=640&name=1-1.jpg) HENDERSON, NV (June 20, 2015) - Helvetica funded a quick bridge loan to enable the borrower to purchase an unstabilized, non-performing self-storage facility in Henderson, NV.  The property provided no debt coverage and the borrower was unable to satisfy guidelines of a bank or traditional lender.   ** The Story** Helvetica was approached by a national commercial real estate brokerage firm in search of a **bridge loan** for one of their clients. The borrower was purchasing a **self-storage** facility in Henderson, Nevada and required a **quick closing.** The property had been severely mismanaged, was **unstabilized** and under performing.  There was **insuffficient debt coverage** to meet the requirements of tradional bank guidelines.  The borrower had a definitive plan to make improvements to the property and stabilize the asset. The borrower executed a similar plan on a comparable property in the same market, so Helvetica was confident they could repeat that success. Through great coordination with the brokerage firm, Helvetica was able to quickly provide the borrower with an 18 month bridge loan. With Helvetica’s loan, the borrower was able to purchase the property with a term that provided sufficient time to make property improvements and stabilize the asset.   **Deal Highlights:** - Small Balance Commercial - Quick Close - Self-Storage - Unstabilized - Value-Add - No Debt Coverage - Bridge Loan Helvetica bridge loans are ideal for borrowers who are looking to acquire and stabilize value-add properties. Helvetica also welcomes the opportunity to work with brokerage firms to assist with their clients' financing needs. **Have a Deal Like This? ** [![Get a Quote](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/2105515/c5250b23-567f-4233-a682-9208e045f4b7.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/2105515/c5250b23-567f-4233-a682-9208e045f4b7) Topics: [Deals](https://blog.helveticagroup.com/topic/deals), [Loans](https://blog.helveticagroup.com/topic/loans) ### Get Deal Updates ### Recent Posts ### Posts by Topic - [Loans (40)](https://blog.helveticagroup.com/topic/loans) - [Deals (39)](https://blog.helveticagroup.com/topic/deals) - [Brokers (27)](https://blog.helveticagroup.com/topic/brokers) - [Insights (13)](https://blog.helveticagroup.com/topic/insights) - [1031X (10)](https://blog.helveticagroup.com/topic/1031x) - [Small Balance (9)](https://blog.helveticagroup.com/topic/small-balance) - [Bridge lending (7)](https://blog.helveticagroup.com/topic/bridge-lending) - [Investing (6)](https://blog.helveticagroup.com/topic/investing) - [Alternative Financing (5)](https://blog.helveticagroup.com/topic/alternative-financing) - [NNN (5)](https://blog.helveticagroup.com/topic/nnn) - [Bridge Loan (4)](https://blog.helveticagroup.com/topic/bridge-loan) - [Banking (3)](https://blog.helveticagroup.com/topic/banking) - [CRE (3)](https://blog.helveticagroup.com/topic/cre) - [Fintech (3)](https://blog.helveticagroup.com/topic/fintech) - [Participation Loans (3)](https://blog.helveticagroup.com/topic/participation-loans) - [Blockchain (2)](https://blog.helveticagroup.com/topic/blockchain) - [retail (2)](https://blog.helveticagroup.com/topic/retail) - [Bad Credit (1)](https://blog.helveticagroup.com/topic/bad-credit) - [Cannabis Lending (1)](https://blog.helveticagroup.com/topic/cannabis-lending) - [Credit Challenge (1)](https://blog.helveticagroup.com/topic/credit-challenge) - [Fix and Flip (1)](https://blog.helveticagroup.com/topic/fix-and-flip) - [Fund Management (1)](https://blog.helveticagroup.com/topic/fund-management) - [Low Occupancy Property (1)](https://blog.helveticagroup.com/topic/low-occupancy-property) - [Quick Close (1)](https://blog.helveticagroup.com/topic/quick-close) - [Rehab (1)](https://blog.helveticagroup.com/topic/rehab) - [fast closing (1)](https://blog.helveticagroup.com/topic/fast-closing) see all - [![](https://blog.helveticagroup.com/hubfs/TheHelveticaGroup-Apr2016/Images/facebookicon.png)](http://www.facebook.com/pages/Helvetica-Group/115516865679)[**HelveticaGroup on Facebook**](http://www.facebook.com/pages/Helvetica-Group/115516865679) - [![](https://blog.helveticagroup.com/hubfs/TheHelveticaGroup-Apr2016/Images/twittericon.png)](https://twitter.com/#!/HelveticaGroup) [**HelveticaGroup on Twitter**](https://twitter.com/#!/HelveticaGroup) - [![](https://blog.helveticagroup.com/hubfs/TheHelveticaGroup-Apr2016/Images/likedinicon.png)](http://www.linkedin.com/company/the-helvetica-group)[**HelveticaGroup on LinkedIn**](http://www.linkedin.com/company/the-helvetica-group) - [My Account](http://www.helveticagroup.com/#) | - [Sitemap](http://www.helveticagroup.com/sitemap) | - [Privacy Statement](http://www.helveticagroup.com/privacy-statement) | - [Security Statement](http://www.helveticagroup.com/security-statement) | - [Terms of Service](http://www.helveticagroup.com/terms-of-service) - | Site Feedback | - [Licensing](http://www.helveticagroup.com/licensing) **Call 310-575-3301** © 2015 The Helvetica Group. 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