Day: November 19, 2025

Basis Industrial Receives Construction Loan for Self-Storage Project in Long Island, New York

Florida-based development and investment firm Basis Industrial has received a $27 million construction loan for a self-storage project that will be located in the Long Island community of Rockville Centre. Public Storage will operate the facility, which will comprise 121,500 gross square feet of space across 957 units. NexBank is the senior lender on the project, and NexPoint is the mezzanine lender. Construction is underway and is expected to be complete in early 2027. Source

Blue Vista Capital Management, LLC Announces Collaboration to Create a $600 Million National Self-Storage Platform

Blue Vista Capital Management, LLC (“Blue Vista”), in collaboration with UBS’s Unified Global Alternatives – Real Estate (UGA RE) business and Extra Space Storage (“EXR”), today announced the formation of a strategic collaboration to invest in self-storage assets in the U.S., which will have approximately $600 million in buying power to build a diversified self-storage portfolio. The strategy is to identify core/core-plus, value-add, and development opportunities across the U.S., with the goal of creating a portfolio of self-storage assets designed for a perpetual life investment vehicle. EXR will manage all…

White Label Storage Launches AI Revenue Management Tool to Increase Profitability of Self-Storage Facilities

White Label Storage announced the launch of its new AI-powered revenue management tool, RevMan ai, designed to optimize revenue generation for every facility under its management. By utilizing AI with proprietary data sets, this software further enhances the company’s revenue management capabilities, which will help its clients optimize pricing, maximize occupancy, and increase profitability. “We are thrilled to bring our new RevMan ai online,” said Peter Smyth, CEO and Co-Founder of White Label Storage. “By integrating AI into our revenue management practice, we’re able to provide our clients with the…

What Amount of Rent Increase Is Appropriate for Your Self-Storage Tenants?

One of the most common questions self-storage owners face is: “How much should I raise rents on my tenants?” It’s a delicate balance. Raise rents too little, and you leave money on the table. Raise them too much, and you risk driving tenants away. The key is finding the right middle ground—one that boosts revenue while keeping occupancy strong. Here’s a step-by-step guide to help you determine the right rent increase strategy for your facility. 1. Understand Your Local Market Before making any changes, research what your competitors are charging…

Headwinds Have Subsided – What’s Next?

Anyone following the self-storage market knows that the past few years has provided many headwinds, from different directions – occupancies slipped, aggressive rental rates took down in-place rents, new supply hammered markets and interest rates made selling a serious challenge. As we get ready to close out 2025 many of these headwinds have softened, perhaps it’s more of a gentle breeze with supply pipelines falling off, lease-ups seeing improved operating metrics, the REITs softening their aggressive lease-up rental rates and interest rates flattening or even coming down a touch. Although…

DECA Scores $45 Million Construction Loan for a Self-Storage Development in San Francisco, California

DECA Companies secured critical financing for a self-storage construction project from Affinius Capital and Axonic Capital. The $45.2 million debt will fund construction of a 1,600-unit Extra Space self-storage development at 2270 McKinnon Avenue, Commercial Observer reported. Talonvest Capital’s Kim Bishop arranged the deal. The development will span 175,000 square feet across five stories. The ground floor will have light industrial space, while the top four stories will have self-storage. National self-storage company Extra Space will manage the property. The project, in San Francisco’s Produce Market neighborhood, is one of…

Recent Self-Storage Transactions: 11.12.2025 – 11.18.2025

Recent self-storage transactions highlighted a diverse mix of strategies, reflecting a dynamic investment landscape. Buyers targeted a range of asset profiles, from stabilized facilities in slower-growth secondary markets to new developments and recently modernized properties in areas with strong demand signals. Larger operators and institutional players remained active, balancing steady cash-flow assets with selective plays in high-growth markets where supply remains constrained. The presence of virtual management models and operational innovation also stood out, signaling a broader shift toward more data-informed, efficiency-driven approaches in asset selection and portfolio strategy.  …