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$14,800,000

For Self-Storage Portfolio
in Los Angeles, CA

Financing Type: Permanent
Property Type: Storage
Term: 10 Years
Amortization: 30 Years

Transaction Contacts

  • Andy Bratt
    Newport Beach Office
    (949) 777-9040

  • Michael Heagerty
    San Francisco Office
    (415) 956-7600

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Storage

Newmark arranged a loan that allowed the borrower to lock in a low rate six months prior to the open prepayment window for its maturing loan. The strength of this transaction was based on strong location, sponsorship, excellent property management and modest leverage.

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