JACKSONVILLE, FL-The Storage Center, a self-storage facility comprising 355 units in Panama City, has secured a first mortgage loan worth $1.3 million. The property is situated at 11037 Middle Beach Road. The 20-year loan has an amortization period of 20 years.
NorthMarq Capital's Bruce Foster and Joel Coykendall have organized the loan for the facility from StanCorp Mortgage Investors LLC.For the full story, go to Florida Real Estate Journal.
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