{"id":5357,"date":"2024-01-16T12:49:31","date_gmt":"2024-01-16T12:49:31","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=5357"},"modified":"2024-04-17T08:25:11","modified_gmt":"2024-04-17T08:25:11","slug":"etude-storage-partners-aims-to-deploy-at-least-500-million-for-self-storage-investment-across-the-north-american-market","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/etude-storage-partners-aims-to-deploy-at-least-500-million-for-self-storage-investment-across-the-north-american-market\/","title":{"rendered":"Etude Storage Partners Aims to Deploy at Least $500 Million for Self Storage Investment Across the North American Market"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Etude Capital, one of the largest owners of self-storage facilities in the United States, and San Felipe Financing LLC, a private real estate entity controlled by Richard D. Kinder, today announced the launch of Etude Storage Partners, a joint venture that will invest across the North American self-storage market. The joint venture has a $250 million equity commitment from San Felipe Financing LLC and aims to deploy at least $500 million.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Etude Storage Partners is positioned to acquire and provide debt financing to self-storage facilities. The joint venture capitalizes on Etude\u2019s extensive experience investing in and operating real estate portfolios of scale since its founding in 2012. Combining Etude\u2019s self-storage expertise with strong capital backing, Etude Storage Partners has the unique capability to transact on large portfolios quickly and without financing contingencies.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-size: medium;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">We are delighted to partner with Etude and see a compelling opportunity ahead of us to deploy capital within the robust self-storage market,\u201d said Richard Kinder, Managing Member of San Felipe Financing LLC. \u201cSteven and his team have built an impressive platform with distinct investment and operating capabilities that will enable us to move quickly and invest flexibly across the capital structure. With this partnership, we have the opportunity to build a long-term oriented business with stable and attractive cash flows.\u201d<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-size: medium;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">For owners looking to sell their business or recapitalize, this partnership enhances Etude\u2019s offer of speed and execution strength \u2014 which less nimble and more bureaucratic acquirers cannot match,\u201d added Steven Stein, Founder &amp; President of Etude Capital. \u201cThe opportunity to partner with Rich, one of America\u2019s most remarkable business leaders, will strengthen our respective firms and is a boon for the entire self-storage industry. We look forward to this long-term partnership with Rich and the Kinder Family Office.\u201d<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><b><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">About Etude Capital<\/span><\/span><\/b><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Etude Capital is a private investment firm headquartered in Austin, Texas. Since its inception in 2012, Etude has grown its self-storage-focused insurance, reinsurance, and technology businesses to serve over 1,500 facilities nationwide and wholly owns 1.8 million rentable square feet across Florida, Texas, and Oklahoma.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><i><u>Contacts<\/u><\/i><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">:<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Longacre Square Partners<br \/>\n<\/span><\/span><\/span><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Kate Sylvester, 646-386-0091<br \/>\n<\/span><\/span><\/span><span style=\"text-decoration: underline;\"><strong><span style=\"font-size: medium;\"><a href=\"mailto:ksylvester@longacresquare.com\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">ksylvester@longacresquare.com<\/span><\/span><\/a><\/span><\/strong><\/span><\/p>\n<p><a href=\"https:\/\/www.businesswire.com\/news\/home\/20240109636046\/en\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><span style=\"font-size: medium;\"><span style=\"color: #222222; text-decoration: underline;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">S<\/span><\/span><span style=\"color: #222222; text-decoration: underline;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">ource<\/span><\/span><\/span><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Etude Capital, one of the largest owners of self-storage facilities in the United States, and San Felipe Financing LLC, a private real estate entity controlled by Richard D. Kinder, today announced the launch of Etude Storage Partners, a joint venture that will invest across the North American self-storage market. The joint venture has a $250 million equity commitment from San Felipe Financing LLC and aims to deploy at least $500 million. Etude Storage Partners is positioned to acquire and provide debt financing to self-storage facilities. The joint venture capitalizes on&hellip;<\/p>\n","protected":false},"author":13,"featured_media":5359,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5357"}],"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=5357"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5357\/revisions"}],"predecessor-version":[{"id":5360,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5357\/revisions\/5360"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/5359"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=5357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=5357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=5357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}