MichiganCRE Berkadia closes sale of self-storage facility in Michigan December 3, 2019 Share on Facebook Share on Twitter Share on LinkedIn Share via email Berkadia announces it has arranged financing on behalf of Crystal View Capital, a private investment firm based in Las Vegas, Nevada, for its acquisition of two self-storage facilities, including one in Michigan. Senior Managing Director Cutt Ableson and Associate Director Johnny King of Berkadia’s Houston office secured two loans totaling $12.62 million for Crystal View Capital’s acquisition of AAA Platte Self Storage in Colorado Springs, Colorado, and Stowaway Mini Storage in Portage, Michigan. MidCap Financial Services provided a three-year, adjustable-rate loan of $10.1 million for AAA Platte. CIBC World Markets provided a 10-year, fixed-rate loan of $2.52 million for Stowaway. Located at 9879 Portage Road in Portage, Stowaway Mini Storage is a 57,325-square- foot, 398-unit self-storage facility located within the Kalamazoo-Portage MSA, approximately 15 minutes south of downtown Kalamazoo.