Carlyle Group Secures $18M Refinance Loan For Self Storage In Brooklyn | 72 Caton Place | Prudential Financial | Self Storage | Loan

Summary

Loan

NEW YORK

Self Storage

The self-storage building (E7) located at 72 Caton Place in Brooklyn's Windsor Terrace neighborhood has secured an $18 million refinance loan. The loan was obtained from Prudential Financial's PGIM Real Estate U.S. Debt Fund REIT, LLC.

Summary of transaction details:

Property Type: Self Storage
Transaction Amount: $18,000,000
Address: 72 Caton Place
Market: Windsor Terrace, Brooklyn

Stephen Bailey from Prudential Financial served as the lender in this deal, providing the $18 million refinance loan. Jason Hart, representing Carlyle Group, acted as the landlord for the storage building transaction.

Players

All
1

Lenders
1

Prudential Financial

Details

Deal Summary

FINANCED

IMAGE: Jason Hart DATE: 03/27/2024 ADDRESS: 72 Caton Place MARKET: Windsor Terrace, Brooklyn ASSET TYPE: Self Storage LENDER: Stephen Bailey - Prudential Financial (@Prudential) LANDLORD: Jason Hart - Carlyle Group (@OneCarlyle) LOAN AMOUNT: $18,000,000 LOAN TYPE: Refinance NOTE: Carlyle Group secured an $18 million refinance loan from Prudential Financial's PGIM Real Estate U.S. Debt Fund REIT, LLC for the storage building (E7) at 72 Caton Place in Brooklyn's Windsor Terrace neighborhood.

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Address72 Caton Place

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