Andover Lending closed two self-storage debt facilities totaling $23.5 million.
Published by Andover Properties. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Andover Properties acquired the 54,000 sq ft, 487-unit Cleveland Storage self-storage facility in Garner, North Carolina (Raleigh metro), now operating under the Storage King brand; the seller and price were not disclosed.
Pearlmark announced that it closed on a $24.2 million debt investment for the acquisition of 1201 W Lake Street, a seven-story, 141,771 square foot office building located in Chicago, Illinois. The investment was originated and structured on behalf of Pearlmark Realty Senior Mortgage Partners I, L.P. The property…
PCCP has provided a $51.8 million senior loan to a joint venture between Phoenix Capital Management and P.B. Bell for the refinance of Everly at Morrison Ranch, located at 4353 E. Elliot Road in Gilbert. Built in 2025, the 236-unit Class A garden-style multifamily community is 97% leased and is within Morrison…
JLL’s M&A and Corporate Advisory, Corporate Banking Advisory and Debt & Equity Advisory teams collectively secured $617 million in financing for Link Apartments REIT and Link Apartments Opportunity Zone REIT. Both are Grubb Properties-managed REITs, along with Link Apartments 8 Carlisle, a 64-story, Class A…
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