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34 Asset Portfolio

Prime Group Holdings' Robert Moser Secures $575M Refinance Loan For 34-Property Portfolio
FINANCEDSelf Storage

Prime Group Holdings' Robert Moser Secures $575M Refinance Loan For 34-Property Portfolio

$575,000,000

$147/SF

Building Size

3,900,000 SF

Asset Type

Self Storage

Closing

Oct 7, 2025

AI

The asset involved in this transaction is a mixed-use portfolio including self-storage, office, industrial, and lab spaces, covering a total of 3,900,000 square feet, located at 34 Asset Portfolio. The refinancing transaction secured a substantial loan amount of $575,000,000, although the market value was not specified.

Summary of transation details:

This refinancing transaction was facilitated by CBRE for a 34-property portfolio that spans multiple US states, showcasing the collaborative effort of the brokerage team involved in the deal.

Players

Drew Anderman

CBRE

Broker

$5.2B

vol

39 deals

Broker
CBRE
CBREBrokerage
Goldman Sachs
Goldman SachsLender
Citibank
CitibankLender
Robert Moser

Robert Moser

Prime Group Holdings

Landlord

$813.9M

vol

9 deals

Landlord

Market Self Storage Market Snapshot

Boundary boundary · Self Storage · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.03%

Cash-on-Cash

-0.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93