Day: September 9, 2026

New York Life Provides $53.5 Million to Refinance Three-Property Portfolio in California

Investec Real Estate Cos. has secured a $53.5 million, five-year interest-only loan from New York Life Insurance Company to refinance a three-property self-storage portfolio in Highland, Goleta, and Murrieta, California. The portfolio totals 1,818 units and 243,496 net rentable square feet, with all three assets managed by Extra Space Storage. Talonvest Capital arranged the financing. The deal is one of several large self-storage refinancings Talonvest has closed recently, with the firm reporting more than $424 million in financing transactions completed in the past 90 days. Read the Full Article Source:…

Choosing the Perfect Location for Your Self-Storage Facility

In self-storage, location can significantly affect occupancy, rental rates, and long-term property value. A facility may be professionally managed and well maintained, but if it is difficult to access, surrounded by excessive competition, or located in an area with insufficient demand, achieving strong performance can be challenging. For investors and developers evaluating a potential self-storage site, here are several factors that deserve careful consideration. 1. Accessibility Matters Customers want storage that is convenient. A strong site should provide easy access from major roads and surrounding neighborhoods without requiring customers to…

Weekly Self Storage Transaction Roundup: 8/28/26 – 9/05/26

This week’s transactions show investors pursuing value at different stages of the self-storage operating cycle. Leominster, Massachusetts, and Overland Park, Kansas, entered the week with comparatively modest supply at 5.32 and 7.96 SF/capita. At the same time, Windsor, Colorado, pairs a $141,200 median household income and nearly 50% three-mile population growth since 2020 with just six cents separating average online and walk-in rates. The clearest value-add story, however, comes from Fort Pierce and Morgan Hill. A newly built Fort Pierce facility traded at roughly 25% occupancy, consequently putting the lease-up…