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Prime Holdings Group scored a $156 million refinancing on a trio of outer-borough self-storage properties from Affinius Capital and 3650 Capital.  The floating-rate loan secured by the self-storage giant replaces the previous $147 million loan on the properties made in 2022 from SREC REIT holdings, according to property records. Prime bought the portfolio for a combined $187 million in 2017. Drew Anderman of CBRE Capital Markets’ Debt & Structured Finance arranged the financing, along with Eddie Haber, AJ Bruno and Jared Fried. Headquartered in Saratoga Springs, Prime Group is the country’s largest investor in self-storage, channeling $264 million into the […]

This article originally appeared on The Real Deal. Click here to read the full story.

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