{"id":12587,"date":"2026-09-11T13:39:39","date_gmt":"2026-09-11T13:39:39","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=12587"},"modified":"2026-09-16T13:44:19","modified_gmt":"2026-09-16T13:44:19","slug":"psrs-arranges-6-3-million-refinancing-for-self-storage-facility-in-provo-utah","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/psrs-arranges-6-3-million-refinancing-for-self-storage-facility-in-provo-utah\/","title":{"rendered":"PSRS Arranges $6.3 Million Refinancing for Self-Storage Facility in Provo, Utah"},"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-12588 alignright\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2026\/09\/PSRS.jpg\" alt=\"\" width=\"243\" height=\"182\" \/>PSRS has arranged $6.3 million in refinancing for a self-storage facility in Provo, Utah. The 130,510-square-foot property contains 725 units and was 65 percent occupied at the time of closing. The loan carries a 30-year amortization schedule and includes cash-out proceeds. William DeFanti of PSRS secured the financing for an undisclosed borrower.<\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">The transaction is one example of lenders extending capital to self-storage assets that have not yet reached stabilized occupancy.<\/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:\/\/rebusinessonline.com\/psrs-arranges-6-3m-refinancing-for-self-storage-facility-in-provo-utah\/\" 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> REBusiness Online<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PSRS has arranged $6.3 million in refinancing for a self-storage facility in Provo, Utah. The 130,510-square-foot property contains 725 units and was 65 percent occupied at the time of closing. The loan carries a 30-year amortization schedule and includes cash-out proceeds. William DeFanti of PSRS secured the financing for an undisclosed borrower. The transaction is one example of lenders extending capital to self-storage assets that have not yet reached stabilized occupancy. Read the Full Article Source: REBusiness Online<\/p>\n","protected":false},"author":13,"featured_media":12588,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,6,56],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12587"}],"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=12587"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12587\/revisions"}],"predecessor-version":[{"id":12589,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12587\/revisions\/12589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/12588"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=12587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=12587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=12587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}