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Morgan Stanley Refinances SoCal Self-Storage Portfolio

A California self-storage company has secured refinancing for five properties at an inflection point for the niche real estate sector. Morgan Stanley provided $64 million for the portfolio owned by op

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Summary

A California self-storage company has secured refinancing for five properties at an inflection point for the niche real estate sector.

Morgan Stanley provided $64 million for the portfolio owned by operator SoCal Self Storage, property records show.

Talonvest Capital arranged and announced the fixed, 10-year, interest-only, nonrecourse permanent financing, but did not disclose the name […]

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