Company Release – 7/28/2021
Bethesda, MD – Boundary Companies, a private real estate investment firm, announced the refinancing of a Northern Virginia Self-Storage Portfolio, a collection of properties strategically located between Alexandria and Richmond, VA. The portfolio is 92% occupied and includes four assets totaling 2,170 rental units and parking spaces.
The $20 million refinancing was provided by Fulton Bank. Brian Gould and the team at Chatham Financial helped arrange the financing. “We are thrilled to close this loan with Fulton Bank and start a partnership with this best-in-class regional lender,” stated Alex Caffrey, Principal at the Boundary Companies.
About Boundary Companies
Boundary Companies, founded in 2014, is a privately held real estate investment firm based in Bethesda, Maryland. Boundary focuses on real estate acquisition and development across a wide variety of asset classes with a goal of meeting the highest needs of its stakeholders. Boundary’s portfolio totals over five million square feet and spans a range of core, value-add, and opportunistic investment profiles. To learn more about Boundary Companies, visit https://boundarycompanies.com/.