Day: April 30, 2026

Self-storage Facility Gets $11.5M Loan Amid Sector’s Strong Market in Island Park, New York

A self-storage property in Island Park has secured an $11.5 million recapitalization loan, as demand for self-storage rises on Long Island. The three-story, 740-unit facility on 1.44 acres at 4055 Austin Blvd. is owned by CSS Island Park, an affiliate of Walnut Creek, Calif.-based Pegasus Group. Managed by Public Storage, the Island Park self-storage facility was built in 2004. The recapitalization loan, arranged by San Francisco-based commercial mortgage banker Gantry, pays off the property’s maturing commercial mortgage-backed securities (CMBS) debt, according to a company statement. The self-storage sector continues to…

JLL Arranges $15M Construction Financing for Self-Storage Development in Bend, Oregon

JLL has arranged $15.534 million in construction financing for Badger Road, Bend Self Storage, a ground-up self-storage facility located at 20130 Badger Rd. in Bend, Oregon. JLL worked on behalf of the borrower, Signal Ventures, to secure the loan through Live Oak Bank. The shovel-ready development will deliver 118,800 gross square feet encompassing 92,584 net rentable square feet across 877 climate-controlled units on a strategically positioned 1.87-acre site. The JLL Capital Markets team was led by Directors Jonah Aelyon, Taylor Gimian, and John Williamson. The transaction follows JLL’s National Self…

ASPM & Homegrown Storage/Patchwork Labs Partner For Self-Storage Innovation

Anytime Storage Property Management (ASPM), a leading full-service self-storage management company, is proud to announce a new strategic partnership with Homegrown Storage and Patchwork Labs, two of the fastest-rising brands in the self-storage industry. Founded by Tyler Harper and Chase Brooks, Homegrown Storage has quickly built a reputation as one of the most active and effective acquisition teams in the space, currently acquiring one facility per week. Their rapid expansion and disciplined approach to acquisitions have positioned them as a standout operator in today’s market. As part of this partnership,…