property type: Self Storage

April 7, 2003 Amerco (Nasdaq:UHAL), the parent of U-Haul International, said it has received and accepted a proposal for a four-year $865.75 million secured credit facility.The facility is part of a broader restructuring the embattled self-storage company is completing. As ...

March 21, 2003 Shurgard Storage Centers Inc. (NYSE:SHU) has priced a $200 million offering of senior unsecured notes.Lead managers for the offering, Banc of America Securities and Salomon Smith Barney, priced the notes at 99.577 percent of par to yield ...

March 11, 2003 Shurgard Storage Centers Inc. (NYSE:shu) will acquire Credit Suisse First Boston's equity interest in Shurgard Europe.The self-storage REIT said in February that it planned to increase its ownership interest in Shurgard Europe.Shurgard will purchase CSFB's 10.6 percent ...

February 11, 2003 Shurgard Storage Centers Inc. (NYSE:SHU) plans to increase its ownership interest in Shurgard Europe to more than 50 percent.The Seattle-based REIT, which has a 7.57 percent interest in Shurgard Europe, will exercise its option to acquire an ...

November 25, 2002 Public Storage Inc. (NYSE:PSA) has filed a shelf registration with the SEC allowing it to sell up to $300 million of common, preferred and equity stock, depositary shares and warrants.The Glendale, Calif., REIT plans to use proceeds ...

U-Haul's Nevada-based parent is struggling with a restructuring after missing a $100 million bond payment. Fourteen CMBS deals have an exposure to the self-storage company.

October 23, 2002 ProLogis (NYSE:PLD) has closed the sale of CS Integrated LLC, its cold storage operations in the United States.The Denver-based REIT, advised by Morgan Stanley, earlier this month agreed to sell the business for $272 million to Atlas ...

October 4, 2002 ProLogis (NYSE:PLD) has agreed to sell its cold storage operations in the United States to Atlas Cold Storage Income Trust (TSE:FRZ) and P&O Cold Logistics for $272 million.The deal, expected to close by Oct. 23, consists of ...

September 30, 2002 Shurgard Storage Centers Inc. (NYSE:SHU) has filed to sell up to $500 million of class A common stock, preferred stock and debt securities.The Seattle-based REIT plans to use proceeds from the sale for general corporate purposes such ...

September 23, 2002 CHICAGO – Fitch Ratings has upgraded five classes of Morgan Stanley Capital I, 1996-C1, because of the increased weighted average debt service coverage ratio, the increase in credit enhancement levels and the low number of delinquent and ...