Senior financing for the recapitalization of 12 self-storage properties in the Chicago and metro NY / NJ areas.
| Total Capitalization: | $70 million |
| Number of Properties: | 12 |
| Investor: | Insurance Co. |
| Term: | 7 Years |
| Leverage: | 80% at Closing 70% at Stabilization |
| Closing Date: | May 2003 |