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Gantry Arranges $11.5M Loan for Refinancing of Long Island Self-Storage Facility
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Gantry Arranges $11.5M Loan for Refinancing of Long Island Self-Storage Facility
ISLAND PARK, N.Y. — San Francisco-based intermediary Gantry has arranged an $11.5 million loan for the refinancing of a 740-unit self-storage facility located in the Long Island township of Island Park. Public Storage operates the three-story, climate-controlled facility. Robert Slatt and Alex Poulos of Gantry arranged the nonrecourse loan, which was structured with a five-year term and a fixed interest rate, loan through an unspecified, corresp…
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