Rate-Lock, Cash-Out Mark New Financings

Modesto Self-Storage

NEWPORT BEACH, CA-Owners of two properties in California and one in Idaho have refinanced them with more than $14 million in loans arranged by the Newport Beach-based Alison Co. in three separate transactions. The loans included $3.2 million for a 649-unit Premier Self Storage Facility at the intersection of Sylvan Avenue and Oakdale Boulevard in Modesto, CA; $7 million for a 62,963-square-foot grocery-anchored retail building at the intersection of Waterman Road and Elk Grove Boulevard in Elk Grove, CA and $3.85 million for two apartment complexes totaling 130 units at East Warm Springs Avenue and South Broadway Avenue in Boise, ID.