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Natixis Provides $30M Acquisition Loan for Self Storage Facility in Brooklyn

Posted: 8/23/2018 Link: REBusinessOnline.com
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Natixis has provided a $30 million loan for the acquisition of a five-story self storage facility in the Ft. Greene neighborhood of Brooklyn. The property is located at 202-208 Tillary St. Kathy Anderson and Brad Domenico of Progress Capital arranged the financing on behalf of borrowers Joy Construction and Maddd Equities. The new owners plan to continue self storage operations while they evaluate potential redevelopment opportunities.

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