{"id":1004126190,"date":"2015-08-26T12:04:27","date_gmt":"2015-08-26T20:04:27","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=359101"},"modified":"2022-03-04T02:15:16","modified_gmt":"2022-03-04T10:15:16","slug":"berkadia-finds-financing-for-fremont-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/berkadia-finds-financing-for-fremont-asset\/","title":{"rendered":"Berkadia Finds Financing for Fremont Asset"},"content":{"rendered":"<p><em>By Alex Girda, Associate Editor<\/em><\/p>\n<p>A self-storage property in Fremont was recently financed with the help of <a href=\"https:\/\/www.berkadia.com\/default.aspx\" rel=\"nofollow\">Berkadia<\/a>\u2019s Seattle office. Louis Weisman, a Berkadia managing director, secured $5.5 million in financing for the Auto Mall Parkway Self Storage on behalf of Hudson Industrial Equities.<\/p>\n<div id=\"attachment_359135\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Auto-Mall-Self-Storage.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-359135\" title=\"Auto Mall Self Storage\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Auto-Mall-Self-Storage.jpg\" alt=\"Auto Mall Self Storage\" width=\"300\" height=\"150\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Auto Mall Self Storage<\/p>\n<\/div>\n<p>Located at 43941 Osgood Road, the 17-year-old property consists of three two-story self-storage facilities offering 683 units that are 98 percent occupied.<\/p>\n<p>Weisman arranged a 10-year, fixed-rate loan that features a 4.4 percent interest rate, 60 percent loan-to-value and a 30-year amortization schedule.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A self-storage property in the Bay Area was recently financed with the help of Berkadia&rsquo;s Seattle office.<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1609],"tags":[],"class_list":["post-1004126190","post","type-post","status-publish","format-standard","hentry","category-latest","category-san-francisco"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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