ORIX USA’s Real Estate Capital Group announced the closing of a $47.76 million bridge loan commitment for the refinance and lease up of a six property, cross collateralized, Class A self-storage portfolio across multiple Southern U.S. states. The portfolio comprises 467,470 NRSF across 4,373 self-storage units, along with 103,000 rentable square feet of industrial space at two locations.
“We are pleased to have successfully closed on this unique opportunity in partnership with an experienced sponsor. The portfolio is strategically concentrated in high-traffic, high-visibility locations—key advantages that position these self-storage facilities for strong performance in today’s competitive market.” said Allison Austin, Managing Director, of ORIX Real Estate Credit Group.
ORIX USA’s Real Estate Capital group is a proprietary commercial real estate lending business, delivering customized financing for a full range of property types in primary and secondary metropolitan markets in the U.S. and Canada. Loans made or arranged in California are pursuant to a California Financing Law license.
Since inception, the Real Estate Capital Group has successfully invested over $4 billion of balance sheet capital. For over 20 years the Real Estate Capital Group has been reliably providing construction and bridge financing for commercial real estate through a range of market cycles.
The Real Estate Capital Group is comprised of seasoned specialists transacting on a full range of property types. The group specializes in construction, bridge, mezzanine, and preferred equity opportunities and has fully dedicated origination, underwriting, closing, and servicing teams, ensuring that clients’ needs are met with timely execution.