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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
CIT Serves as Lead Arranger for $87MM Financing of Self-Storage Portfolio
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Lenders/Participants
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CIT Group [Lead Arranger]
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Structure
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Credit Facility
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Amount
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$87.000
Million
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Borrower(s)
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SROA Capital, LLC
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Description
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The financing will be used by a fund managed by SROA Capital, LLC to recapitalize and refinance debt on a portfolio of 35 self-storage properties encompassing more than 14,000 storage units in three states: Ohio, Kentucky and Florida. Transaction details not disclosed.
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Industry
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Storage Facilities
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| Related Tags |
CIT Group
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ABL Advisor
Deal Tables
2024
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