BEACON REALTY CAPITAL ARRANGES $15 MILLION LOAN FOR SELF-STORAGE PORTFOLIO

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COLUMBUS, OHIO — Chicago-based Beacon Realty Capital has arranged $15 million in variable-rate acquisition financing for seven Storage Inn self-storage facilities in the Columbus area. The 412,000-square-foot portfolio, which contains 3,400 storage units, was acquired by The Sterling Group of Mishawaka, Ind. Beacon secured a 3-year, interest-only variable-rate loan using private money execution.

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