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Loan Backs Two-Thirds of Manhattan’s Self-Storage Capacity

CMBS Deal Offers Investors Chance at $2 Billion Financing for StorageMart Acquisition
StorageMart acquired 18 Manhattan Mini Storage properties in New York for more than $3 billion. (StorageMart)
StorageMart acquired 18 Manhattan Mini Storage properties in New York for more than $3 billion. (StorageMart)
CoStar News
January 19, 2022 | 8:33 P.M.

Citi Real Estate Funding and Barclays Capital Real Estate have teamed up to finance the acquisition of what amounts to two-thirds of all available self-storage units in Manhattan based on square footage.

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News | Loan Backs Two-Thirds of Manhattan’s Self-Storage Capacity