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March 26, 2026

Aggregation Debt Facility


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Walker & Dunlop Capital Markets | Institutional Advisory recently arranged a $350 million aggregation debt facility for a joint venture between Centerbridge Partners and Reframe Holdings to build a self-storage REIT platform.

The facility provides scalable capital to support the acquisition of over $500 million of institutional-quality self-storage assets across top MSAs nationwide.

Led by Aaron Appel, Jonathan Schwartz, Mo Beler, Michael Brown, Christopher de Raet, and Nicholas Gilhooley, the team arranged the financing with JPMorgan Chase Bank, N.A. The Equity and Structured Finance team, led by Mo Beler and Jonathan Paine, advised on the formation of the joint venture in late 2025.

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