LOS ANGELES, CA – HFF announced today that it has secured $9
million in financing for a five-property self storage portfolio totaling 2,506
units in Houston, Texas and Indianapolis, Indiana.
HFF
worked exclusively on behalf of World Class Capital Group, LLC to arrange the
10-year, fixed-rate loan through Deutsche Bank. The securitized loan was used to acquire the properties and will
be serviced by HFF.
The
portfolio is comprised of four properties in Houston and one in Indianapolis,
Indiana. The properties, which were
owned and operated by a national self-storage REIT, total 329,884 square feet.
 |
| Christopher Vittetoe |
The
HFF team representing the borrower was led by director Christopher Vittetoe.
World Class Capital Group, LLC is a leading private real
estate investment firm based in Austin, TX. The firm pursues opportunities in
all U.S. markets and has a distinct focus on value-add and core-plus real
estate investments.
For a complete copy of the company’s news release, please
contact
Kristen M. Murphy
Associate
Director
HFF
| 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel
713.852.3500 | cel 617.543.4873 | fax 713.527.8725 | www.hfflp.com
.
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