{"id":12575,"date":"2026-09-14T13:14:52","date_gmt":"2026-09-14T13:14:52","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=12575"},"modified":"2026-09-16T13:17:29","modified_gmt":"2026-09-16T13:17:29","slug":"morningstar-properties-refinances-self-storage-fund-with-157m-facility","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/morningstar-properties-refinances-self-storage-fund-with-157m-facility\/","title":{"rendered":"Morningstar Properties Refinances Self-Storage Fund With $157M Facility"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><img loading=\"lazy\" class=\" wp-image-12576 alignright\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2026\/09\/First-Citizens-Bank-Logo.jpg\" alt=\"\" width=\"266\" height=\"134\" \/>First Citizens Bank has provided $157 million in financing to Morningstar Properties to refinance Blue Doors Storage Fund IV, a private-equity vehicle operated by Morningstar affiliate Blue Doors Capital Management. The fund focuses on self-storage acquisitions and development in major metro and secondary markets across the U.S. Charlotte-based Morningstar Properties has developed and operated more than 250 self-storage projects totaling over 15 million square feet since its founding in 1981.<\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">The deal reflects ongoing institutional lending activity in the private self-storage sector.<\/span><\/span><\/p>\n<p><a style=\"display: inline-block; background-color: #f97033; color: #ffffff; padding: 8px 14px; font-size: 13px; font-weight: 600; text-decoration: none; border-radius: 4px; line-height: 1.2;\" href=\"https:\/\/www.prnewswire.com\/news-releases\/first-citizens-bank-provides-157-million-to-morningstar-properties-302877011.html\" target=\"_blank\" rel=\"noopener noreferrer\">Read the Full Article<br \/>\n<\/a><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><strong>Source:<\/strong> PR Newswire \u2013 by CISION<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>First Citizens Bank has provided $157 million in financing to Morningstar Properties to refinance Blue Doors Storage Fund IV, a private-equity vehicle operated by Morningstar affiliate Blue Doors Capital Management. The fund focuses on self-storage acquisitions and development in major metro and secondary markets across the U.S. Charlotte-based Morningstar Properties has developed and operated more than 250 self-storage projects totaling over 15 million square feet since its founding in 1981. The deal reflects ongoing institutional lending activity in the private self-storage sector. Read the Full Article Source: PR Newswire \u2013&hellip;<\/p>\n","protected":false},"author":13,"featured_media":12576,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,6,4,56],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12575"}],"collection":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=12575"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12575\/revisions"}],"predecessor-version":[{"id":12577,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12575\/revisions\/12577"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/12576"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=12575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=12575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=12575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}