All you need to know about lending and financing your facility.
latest, operations, lending
Garrett Byrd • 14 Nov 2023
Anna Taylor • 25 Jan 2022
InSite Property Group Scores $140M Construction Facility for Development Pipeline
JLL Capital Markets arranged the loan for InSite Property Group to efficiently fund it's self storage development.
The Radius+ Team
StorageBlue Closes $55.5 Million Refinance of Storage Portfolio
The consumer-centric self-storage brand led by E! Entertainment Television founder continues growth.
Mini Mall Storage Properties reaches $100 Million in Assets Under Management
The Canadian Trust reaches the milestone just one year into operation, and nets over 7,500 self storage units.
Talonvest Delivers $59.5 Million Bridge Financing for Three NY Storage Facilities
The bridge loan to LSC Development LLC, is for three newly constructed Class-A facilities.
Talonvest Closes $22.1 Million Loan on Arizona Self Storage Property
The brand new facility boasts over 82,000 square feet in Paradise Valley Arizona.
Denver Investment Firm Pursues $100 Million Self Storage Fund
After acquiring over 3,000 self storage units in their first fund, VanWest now eyes an even larger portfolio.
OpenUnit Raises $150K Pre-Seed Funding from Y Combinator
Canadian self storage startup joins the Silicon Valley accelerator.
Huge Self Storage Portfolio Gets a $93M CMBS Refi
The portfolio spans nearly 925,000 square feet across 17 properties.
Berkadia Secures Nearly $12M In Financing for Liberty Investment Properties Self Storage Acquisitions
The loan is for two value-add self storage facilities located in Raleigh and Durham North Carolina.
Life Storage & Live Oak Bank Featured Hangout
Joe Saffire and Terry Campbell are featured in the May 22nd recording of the Radius+ Home Hangout
Self Storage Project Secures $21.7 Million Funding
The proposed storage facility will be a six-building, 966-unit, climate controlled, Class A self-storage facility.
Inside Iron Mountain's MakeSpace Investment
The partnership extends beyond the recent $55 Million in funding MakeSpace has recently secured.
2020 is Going to be a Banner Cash Flow Year for Many Self Storages
With a little work put into these tips, you can exceed your previous year's cash flow.
Self Storage Loans: Your Complete Guide
AJ Osborne breaks down the different types of loans, and addresses common storage investor questions.
Investing In The Self Storage Market For Beginners
Learn every angle of self storage investing from industry veteran AJ Osborne.
Mako Steel Receives Financing From Pacific Mercantile Bank
A credit facility was provided to Mako Steel that will allow them to continue investing in their business growth.
Canada Self Storage Startup Receives Over $13 Million
Second Closet has the words We've reinvented Self Storage stamped onto their webpage.
NYC Self Storage Site Receives $28M From Columbia Pacific Advisors
The development site is located in Long Island City, which is the fastest growing neighborhood in NYC no less.
Self Storage: Not a Secret Anymore?
So is it true that the once best-kept secret of self storage, is not much of a secret anymore?
Talonvest Capital Closes $22.5 Million of Bridge and Construction Financings
As business grows, Talonvest also expands their team of professionals.
$123M Refinance Loan on 22 Self Storage Properties Negotiate By Talonvest
The financing was accomplished through two separate notes secured by twenty-two self storage facilities.
VanWest Partners Launches Self Storage Fund with Two Acquisitions
The fund aims to acquire under-managed self storage facilities, optimize expenses, and drive revenue growth.
Is S&P’s Cautiousness About Self Storage CMBS Warranted?
Caution primarily because of the short-term nature of storage leases and the growing supply of facilities. Warranted?
Pinnacle Storage Turns to Blockchain For Self Storage Financing
Earn.re uses a form of crypto currency that can be easily bought and sold by investors in the U.S. and globally.
Top Ten Things Lenders Want Self Storage Buyers to Know
Many things are negotiable – it can be rate or it can be the structure of the deal. But it depends on many factors.
The Perfect Catch: Preparing a Winning Loan Request Package
It is most critical to locate lenders that understand the nuanced self storage asset class.
Be Nimble and Selective in Your Self Storage Investment Approach
Today’s self storage investment environment can be challenging for those looking to place capital in the asset class
Acquisitions 101: Do Your Due Diligence Part III
Keep in mind, though, that if there are issues with the facility, the current manager could be contributing to them.
Acquisitions 101: Do Your Due Diligence Part II
If you are 100% occupied, this does not necessarily mean that you are profitable as a business.
Acquisitions 101: Do Your Due Diligence Part I
Even if an owner isn't ready to sell at the time you inquire, expressing your interest in acquiring is important.
3 Ways to Determine the Value of a Facility
Valuation can be necessary for buying, selling, refinancing, estate planning or challenging a real estate assessment.
The Latest SBA Rules You Need to Know
Regardless of which loan structure you chose, if you want to pursue third-party management, rules have changed.
Thinking About Investing in Self Storage? Here Are the Pros... and Cons!
Investor’s demand is causing storage facility prices to trend higher resulting in lower returns.