Merit Hill Capital and Centerbridge Partners have closed a $425 million commercial mortgage-backed securities loan to refinance a national self-storage portfolio spanning 78 properties across 20 states.
Merit Hill, Centerbridge secure $425 million loan for big self-storage portfolio
Refinancing comes as sector's occupancy has risen over past decade
CoStar News
September 5, 2025 | 6:51 P.M.
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Companies
- Merit Hill Capital
Finance and Insurance
- Centerbridge Partners LP
Finance and Insurance
- Contacts
- Jordan Roeschlaub
Co-President of Debt & Structured Finance, Newmark
- John Caraviello
Newmark
- Nick Scribani
Executive Managing Director, Newmark