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$364M in Financing Backs 15 Self-Storage/Industrial Assets

Gantry recently secured a total of $364 million in long-term financing, structured to meet the goals of The Ezralow Company for 15 separate self-storage and industrial assets located in various California submarkets. The commercial mortgages were sourced from four separate life insurance companies, three of which are Gantry’s correspondent lenders.

“High-quality self-storage facilities have become a highly sought-after asset class for life and pension lenders over the past decade,” says Gantry’s Paige Serden. “and Gantry has developed an expertise in underwriting these properties with our roster of correspondent lenders.”

The 12 Price Self Storage-operated properties encompassing 1.75 million square feet of a total facility footprint are located in Los Angeles, Orange, San Diego, Ventura, Riverside, San Bernardino and Contra Costa counties. The three industrial properties encompass approximately 428,000 square feet of multi-tenant space located in Southern California.

Serden, Peter Welsh, Braden Turnbull and Josh Natker with Gantry’s Los Angeles production office structured the long-term financings on behalf of Ezralow, a private real estate investment, development and ownership company.

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About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

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