Prudential Mortgage with $131.7M self-storage loan

Prudential Financial's (PRU) commercial lending subsidiary provides $131.7M in first mortgages to longstanding client Lock Up/Evergreen Storage secured by a portfolio of 18 self-storage facilities throughout the country.

The financing is comprised of a $20M, 7-year, floating-rate tranche, and a $111.7M, 10-year, fixed rate tranche.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs