$22,680,000 | Chicago Capital Funds

Property: U Stor It Portfolio Location: Chicago, IL Description: Four Chicago area properties in Chicago, Carol Stream and Streamwood, Illinois. The portfolio consists of 2,548 storage units with 251,545 net rentable square feet. Loan Type: Refinance Loan Lender: National Bank Client Benefits: 4 individual, uncrossed loans Cash out refinances to repatriate equity for future investments[…]

$13,400,000 | Post Management

Property: GoodFriend Self Storage Location: North Bergen, NJ Description: Newly constructed, state-of-the-art storage facility located at 4301 Tonnelle Avenue in North Bergen, NJ comprised of 1,478 climate controlled self storage units and 89,800 rentable square feet. Loan Type: Refinance Loan Lender: Global Investment Bank’s CMBS lending division Client Benefits: Initial underwriting was forward looking to[…]

$7,300,000 | Metro Self Storage

Property: Naperville Self Storage Development Location: Naperville, IL Description: Ground up development of a 92,000 rentable square foot self storage facility. Loan Type: Construction Loan Lender: National Credit Facility Client Benefits: 4 year term, with 1, one-year extension option to minimize economic risk during stabilization IO payments for the first 36 months to increase cash[…]