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CIT Serves as Lead Arranger for $87MM Financing of Self-Storage Portfolio
Friday, October 11, 2019

Lenders/Participants CIT Group [Lead Arranger]
Structure Credit Facility
Amount $87.000 Million
Borrower(s) SROA Capital, LLC
Description 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.
Industry Storage Facilities
Related Tags CIT Group

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