Florida SBA Had Backed REIT on iStorage Portfolio Deal

Posted on 12/12/2016

The Florida State Board of Administration (SBA) is keen on direct real estate investing in the United States. On October 6, 2016, Florida’s SBA invested US$ 248.5 million for a 75% equity ownership stake in a portfolio of U.S. self-storage properties called the iStorage portfolio. The aggregate purchase price of the portfolio was US$ 630 […]

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