$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[…]

$58,000,000 | Devon Self Storage

Property: Devon / WAFRA Portfolio Location: Tennessee, Texas, California & Wisconsin Description: 21 property portfolio with 1,463,786 sq.ft. including 10,672 storage units, 477 RV parking spaces, 7 billboard or cell tower units and 34,598 sq. ft. of business park and retail space. Loan Type: Refinance Loan Lender: Money Center Bank Client Benefits: Four separate loans[…]

$69,000,000 | Rosewood Property Company

Property: RPC Northeast Portfolio Location: Pennsylvania, Maryland, New Jersey, Kentucky & Indiana Description: 18 property portfolio, institutional quality, consisting of approximately 1,140,000 square feet with most facilities located in PA, NJ, and MD. Loan Type: Acquisition Loan Lender: CMBS Client Benefits: Full term IO payments to maximize ownership’s cash yield and IRR 10-year fixed rate[…]

$14,000,000 | REALM Group

Property: Anaheim Hills Office Plaza Location: Anaheim Hills, CA Description: 73,892 square foot class A multi-tenant office building completed in 2008 with superior freeway visibility and proximity to numerous corporate neighbors and retail amenities. Loan Type: Joint Venture Equity / Bridge Acquisition Loan Lender: Investment Management Firm / Debt Fund Client Benefits: Minimal sponsor co-investment with[…]

$7,500,000 | KOAR

  Property: Warner Center Retail Location: Los Angeles County, CA Description: 34,670 of retail space in three buildings leased primarily to national tenants. Loan Type: Refinance Loan Lender: Community Bank Client Benefits: 25-Year loan term to eliminate refinance risk 7 years of fixed interest rate to eliminate interest rate risk in early term Non-recourse bank[…]

12,230,000 | Burke Real Estate

Property: Cedar Grove Business Park & Orange Technology Center Location: Orange County, CA Description: Two multi-tenant industrial buildings totaling 129,200 square feet. Loan Type: Refinance Loan Lender: CMBS Client Benefits: Negotiated debt yield and DSCR thresholds to maximize loan potential. 10-Year fixed rate to reduce interest rate risk for the long-term hold Non-recourse loan to[…]