Client Testimonials
When considering your financing or refinancing options, don't take just our word for it. Read what other property owners say about The BSC Group...their words speak volumes about their interaction, results and relationships with our team.
Todd Veldman
Veldman Enterprises South Bend, Indiana |
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| “I have previously used local banks for my self-storage property lending needs. Engaging the professionals at The BSC Group on a property refinancing proved there are clear differences to working with a self-storage financing specialist. For example, the lender that The BSC Group arranged for my refinancing truly understood the self-storage property type, and therefore achieved a much more accurate appraisal on my 350-unit, 50,000-square foot facility than I could have received from local banking sources who are not as familiar with this real estate asset class.” “The BSC Group brought us multiple lending options, clearly explained the benefits of each offering, made everything understandable, and offered us a very good deal. When issues arose during the transaction, The BSC Group stepped in to keep the ball rolling, and we got what we needed at the end of the day.” |
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Larry Swank
The Sterling Group Mishawaka, Indiana |
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| “The professionals at The BSC Group came highly recommended by several real estate brokers and self-storage owners. Working with us on the financing for our first-ever self-storage acquisition – a seven-property portfolio that totaled more than 3,400 units and 412,000 square feet – The BSC Group provided expertise that helped unlock greater underwriting value and ultimately led to $15 million of debt financing during a national credit crunch period.” “We’ve worked with many mortgage brokers during the past 30 years on other property projects. Undoubtedly, The BSC Group was the best we’ve ever used. They truly brought value to the process, stayed involved from start to finish, and delivered a knowledgeable perspective that helped lead to a successful acquisition. Our firm believes in relationships, and had The BSC Group not done their job well on this initial transaction, that would have been it. But since they did such a great job, we’ll continue to use them for all future storage transactions.” |
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Arthur Scalise
Upton Self Storage Upton, Massachusetts |
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| “We selected the professionals from The BSC Group for our refinancing because of their track record and the wide range of loan products they could offer us. But once we started the transaction, they really differentiated themselves by their expertise and knowledge of the product type. They professionally addressed potentially tricky issues in the transaction and guided us through every step. By doing so, they not only streamlined the process, but expanded my knowledge as well.” “The BSC Group’s pre- and post-transaction customer service also exceeds anything I’ve ever experienced when working with other mortgage brokers. They always kept in touch – even long after the transaction closed – and were there for us.” “I typically do not give testimonials, but I would certainly recommend The BSC Group and would have no hesitation to work with them again.” |
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Julie Rothgeb
Parker Storage Homer Glen, Illinois |
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| “As a first-time customer, I felt The BSC Group provided much more than a typical mortgage broker. Unlike other mortgage brokers, The BSC Group zeroed in on my objectives and understood that a good interest rate wasn’t the only issue in my transaction. The BSC Group was an ally throughout the negotiation with the lender, had a deep knowledge of the self-storage industry, and served as a small army of information and helpful referrals. The BSC Group truly worked like a member of my team.” | |
Multi-Property Self-Storage
Owner Vermont |
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| “Working with The BSC Group to refinance my self-storage properties was like getting a master’s degree in finance. Unlike my local bankers, The BSC Group is incredibly knowledgeable about the self-storage industry - they practically understood my financial situation as a property owner better than I did.” “The BSC Group couples their expertise with access to lending resources that opened up an entirely new world for me...I was literally in disbelief about the differences of their approaches from traditional lenders. When I shared The BSC Group’s new ideas with my local banker for comparative quotes, I got a deer-in-the-headlights look from him as he really didn’t understand the self-storage property type.” “The BSC Group presented multiple ideas for refinancing my four self-storage facilities and explained each option in a very straightforward manner. By capitalizing on their recommendation, I was able to take better advantage of my properties’ cash flow and obtained a lower interest rate than what I paid on my construction loans. Working with The BSC Group has made a tremendous difference – it was a great investment and one of the best business decisions I’ve ever made.” |
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David M. Levenfeld
Storage Opportunity Partners LLC |
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| "I’m a big believer in niches. While self storage is a unique real estate niche, our company adds another layer of specialization by focusing on the acquiring and repositioning of under-performing self-storage facilities. We require the specialized financing expertise of a firm like The BSC Group…based on my experience general practice mortgage brokers simply cannot deliver with the same level of effectiveness as The BSC Group.” “In the midst of market volatility in 2007, we closed two transactions acquiring six properties with The BSC Group’s support. Their personal attention made us believe they always had our firm’s best interests at heart, and their self-storage expertise bridged the inevitable gaps that arose during the transactions.” “The BSC Group’s commitment to relationships extends to the lending community as well. They deliver unparalleled lender options to self-storage owners. They are literally a walking billboard for the importance of relationships in the self-storage investment community.” |
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