Corebridge Financial Provides $69,000,000 Acquisition Loan For Multi State Self Storage Portfolio

The transaction involves a multi-state self-storage portfolio, reflecting a growing interest in this asset type. The loan amount secured for the acquisition is $69,000,000 with a term of 5 years. The lender facilitating this financial arrangement is Corebridge Financial.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $69,000,000
• Lender: Corebridge Financial
• Loan Type: Acquisition
• Loan Terms: 5 Years
• Brokers: Drew Anderman, AJ Bruno & Eddie Haber - CBRE

The brokerage team representing the transaction includes Drew Anderman, AJ Bruno, and Eddie Haber from CBRE, highlighting their involvement in facilitating this substantial loan within the self-storage market. Their expertise contributes to the successful execution of this acquisition deal.