ASB Real Estate Investments and the William Warren Group took a loan of $116 million on a portfolio. In which, The portfolio includes 10 self-storage properties spread in five states.
According to the information from Washington, D.C.-based ABS, which executed the loan on behalf of its $7.3 billion Allegiance Real Estate Fund. In addition, the debt arranged as a three-year, floating-rate loan. The deal closed on April 8th.