Bank Of America Provides $462.5M Loan For Self Storage Portfolio In Oklahoma

Oklahoma City, Oklahoma, United States

$462,500,000

Building Size

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Asset Type

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Closing

Sep 20, 2022

AI

A debt package of $462,500,000 has been secured by SpareBox Storage and Davidson Kempner Capital Management to refinance a self storage portfolio in Oklahoma. The portfolio, located at an undisclosed address, comprises self storage assets in the Oklahoma market.

Summary of transation details

Property Type: Self Storage
Transaction Amount: $462,500,000
Lender: Bank of America
Landlord: SpareBox Storage & Davidson Kempner Capital Management
Brokers: Dustin Stolly, Jordan Roeschlaub, Nick Scribani & Aaron Swerdlin - Newmark

The debt package, provided by Bank of America, allows SpareBox Storage and Davidson Kempner Capital Management to refinance the self storage portfolio in Oklahoma. The transaction was facilitated by brokers Dustin Stolly, Jordan Roeschlaub, Nick Scribani, and Aaron Swerdlin from Newmark.

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