North Carolina Storage Assets Receive $29M Refi
The non-recourse bridge loan provided by Skymar Capital Corp. has a fixed interest rate and is set to mature in 2025.
National Storage Affiliates Buys Three-State Self Storage Portfolio
The 14 properties are located in Texas, Minnesota and Missouri and total 8,517 units.
North Phoenix Community Trades for $24M
The new owner, Rise48 Equity, secured a non-recourse, variable interest rate loan which matures in 2031.
Starwood Sells Miami-Area Community for $64M
Praedium Group purchased the Class B community in Plantation, Fla., with Berkadia originating a Fannie Mae loan.
InSite Property Group Acquires Tampa-Area Storage
Lockhart Storage Center was completed in Spring 2020, following a $6.8 million construction loan originated by Bank OZK.
EB Real Estate Buys South Dallas Community
Berkadia provided a 10-year, $17.3 million Freddie Mac loan for the 270-unit acquisition.
Wood Partners Debuts Suburban Houston Community
The company completed the project in a little over a year with the help of a $25.6 million construction loan.
Champion Sells Suburban Nashville Community for $24M
The new owner received a 10-year, $14.3 million acquisition loan from Nationwide Life Insurance Co.
BH Equities Sells Tampa Community for $58M
The new owner landed a 15-year $40.6 million Fannie Mae acquisition loan.
HiCap Closes 2nd Utah Multifamily Acquisition
CBRE arranged a 10-year Fannie Mae loan for the purchase of the 38-unit community in Provo.