Author: Shinil Krishnan

Talonvest Structures $19.2 Million in Life Company Loans

Talonvest Capital, Inc. is proud to announce the successful closing of $19.2 million in financing on behalf of Hanora Investment Group (www.hanoragroup.com), a real estate investment firm specializing in the acquisition, development, and management of self-storage properties, and its institutional joint venture equity partner. The loan is secured by self-storage facilities located in Claremont, CA and American Canyon, CA. Together, the properties have 117,726 net rentable square feet (NRSF) in 785 non-climate-controlled units, 348 non-climate-controlled drive-up units, and 16 locker units. The American Canyon location also offers 125 RV parking…

How to Know When It’s Time to Sell Your Storage Facility

Selling a self-storage facility is one of the most important financial decisions an owner can make. Unlike day-to-day operational choices, the decision to sell shapes the long-term return on years of effort, capital, and risk. The timing has to balance both the numbers and the narrative: how your property is performing today, what the market is signaling for tomorrow, and where you are personally in your investment journey. Some owners sell to capture peak pricing, others to avoid looming capital expenses, and many simply because it fits their broader financial…

Recent Self-Storage Transactions: 09.03.2025 – 09.09.2025

Recent self-storage transactions show continued investor interest in the sector, with activity spanning a variety of markets and asset types. Deals include stabilized properties, development sites, and portfolio acquisitions, reflecting strategies to expand market presence, increase operational scale, and position for long-term growth. Demand remains steady, supported by consistent occupancy levels and opportunities to enhance revenue through improved management and pricing strategies.   Property: Class-A, Institutional-Quality Self-Storage Facility Location: St. Johns, Florida Address: 150 Pine Chase Way, St. Johns, Florida Seller: Lockhart Management Group (LMG) Buyer: HPI Real Estate Services…

Uplift Development Group Announces Construction of State-of-the-Art Self-Storage Facility in Bryan/College Station, Texas

Uplift Development Group, a Colorado-based real estate development firm specializing in Class-A self-storage assets, today announced its expansion into the Brazos Valley with a new development in Bryan, Texas. The project, named Uplift Self Storage – Bryan/College Station, is a strategic investment in the bustling community surrounding Texas A&M University and the cities of College Station and Bryan. Located at 3168 E. 29th St., the new facility broke ground in March of this year and is slated to open in the spring of 2026. The development addresses a growing demand…

Featured Broker: Wilson Covington

Built on values. Sold by results. Wilson Covington helps storage owners buy, sell, and succeed – leaving every deal better than he found it. Wilson has worked in commercial real estate since 2005, with a primary focus on self-storage. He specializes in operational strategy, acquisitions, and development—overseeing due diligence, budgeting, and execution of business plans for new assets. During his career in self-storage, he has overseen the management and development of over 46,000 units and 5.5 million square feet of facilities in 18 states. He has also served on the…

A 4-Story Storage Facility Proposed Off Route 202 in Somerset County, New Jersey

Another self-storage facility is being proposed in Somerset County. Sempre Property Group LLC of Warren is proposing to build a three-story plus a basement, 25,844 square foot self-storage facility with 587 units at the corner of Route 202 North and ImClone Drive in Branchburg. It would be located on the wooded lot before Chubb Way. The Branchburg Zoning Board of Adjustment is expected to hear the application at its Sept. 17 meeting. The applicant is seeking multiple variances as a self-storage facility is not a permitted use in the zone.…

Newmark Secures $425 Million Refinancing for National Self-Storage Portfolio

Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the Company has arranged a $425 million loan on behalf of Centerbridge Partners and Merit Hill Capital for the refinancing of a national portfolio of 78 self-storage properties (“the Portfolio”). Newmark Co-President of Global Debt & Structured Finance Jordan Roeschlaub, Vice Chairman Nick Scribani and Director John Caraviello secured the financing from Citigroup and Goldman Sachs. The Portfolio totals nearly…

Sentry Self Storage Management Announces New Lake Worth Location

Sentry Self Storage Management is excited to announce the grand opening of its newest facility, Sentry Self Storage Lake Worth. Located at a prime spot in the heart of Lake Worth, this state-of-the-art facility offers a wide range of secure and convenient storage solutions for residents and businesses in the area. Sentry Self Storage Lake Worth offers a range of unit sizes, climate-controlled options, advanced security features, including 24/7 surveillance, and convenient access to ensure a seamless storage experience. “We are thrilled to expand our presence in South Florida with…

Time To Look Sharp!

The physical condition of a self-storage property significantly impacts both rental rates and occupancy by directly influencing customer perception of security, value, and quality. Facilities that are clean, well-lit, well-maintained, and modern can command higher rents and attract more tenants, while neglected properties must often lower prices to compete. In today’s hyper-competitive world, it is mission-critical to maintain or improve a facility’s physical condition. Impact on rental rates Higher rent prices: A well-maintained property with strong curb appeal can justify charging premium rental rates. Visible care of the facility signals…

10 Warning Signs a Tenant is Living in Your Self-Storage Facility

Living in a Self-Storage unit is illegal in most areas and poses serious safety and liability risks for facility owners. Unfortunately, it’s an issue that many operators face at some point. The good news? By spotting the warning signs early, you can prevent a small problem from becoming a costly legal mess. Here are 10 signs that a tenant might be secretly living at your facility—and what to watch for. 1. Unusual hours of access. The first sign that someone may be living at your facility is unusual hours of…