Wednesday, July 06, 2022
JLL Capital Markets announced today that it has arranged $33.2 million in financing for Storage Post’s new 2,370-unit self-storage facility located at 620 Richmond Terr. in Staten Island, New York.
JLL worked on behalf of the borrower, Storage Post Self Storage, to secure a $33.2 million loan through SoundPoint Capital, an alternative asset management firm based in New York with $28.9 billion of assets under management. Storage Post acquired the brand-new, four-story facility as part of its rapid growth in 2022.