{"id":5361,"date":"2024-01-16T12:56:02","date_gmt":"2024-01-16T12:56:02","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=5361"},"modified":"2024-02-07T12:39:15","modified_gmt":"2024-02-07T12:39:15","slug":"10-federal-surpasses-96-million-in-capital-raise-expands-4th-self-storage-offering-in-greeneville-tn-and-seguin-tx","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/10-federal-surpasses-96-million-in-capital-raise-expands-4th-self-storage-offering-in-greeneville-tn-and-seguin-tx\/","title":{"rendered":"10 Federal Surpasses $96 Million in Capital Raise, Expands 4th Self-Storage Offering in Greeneville, TN and Seguin, TX"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"aligncenter\" src=\"https:\/\/mma.prnewswire.com\/media\/2312315\/Image_ID_eea0e8495b65.jpg?w=600\" width=\"555\" height=\"369\" \/><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">10 Federal, a prominent operator in the self-storage sector, proudly announces a significant achievement with a successful capital raise surpassing $16 million in the fourth quarter of the year for their 4th Self Storage offering. This latest accomplishment marks a large milestone, bringing the total capital raised by 10 Federal&#8217;s fourth offering to a noteworthy $96 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;\">Andrew Capranos, President of 10 Federal, expressed gratitude, stating, &#8220;We are immensely pleased with the trust from our valued investor base, reaching a cumulative capital raise of $96 million since the offering&#8217;s inception in December 2022. The confidence and commitment from our investors empower us to pursue our pioneering vision and carry out our expansion strategies.&#8221;<\/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;\">Aligning with their expansion objectives, 10 Federal recently finalized the acquisition of two properties located in thriving markets \u2013 Greeneville, TN and Seguin, TX. These acquisitions expand the offering to a total of 13 assets acquired by 10 Federal Self Storage Acquisition Company 4, LLC. These additions strengthen 10 Federal&#8217;s presence and economies of scale in these high-growth areas.<\/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;\">Cliff Minsley, Co-Founder of 10 Federal Storage, commented, &#8220;The ongoing advancements in our technology at 10 Federal is incredible. Our tech team has helped develop user-friendly websites and tenant portals, streamlining the rental process to just 30 seconds, ensuring a frictionless experience for our tenants throughout their storage journey.&#8221;<\/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;\">10 Federal remains dedicated to innovating, ensuring a robust customer-centric experience. They consistently strive to remain ahead of the curve by integrating cutting-edge technology, setting a benchmark for industry standards.<\/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 10 Federal:<\/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;\">10 Federal is a leading high-tech operator of self-storage facilities, specializing in fully automated properties. With a portfolio spanning 14 states and 80 properties, 10 Federal leverages innovative technology and data-driven insights to deliver exceptional self-storage experiences while providing superior investor returns.<\/span><\/span><\/span><\/p>\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/10-federal-surpasses-96-million-in-capital-raise-expands-4th-self-storage-offering-302027683.html\" 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>10 Federal, a prominent operator in the self-storage sector, proudly announces a significant achievement with a successful capital raise surpassing $16 million in the fourth quarter of the year for their 4th Self Storage offering. This latest accomplishment marks a large milestone, bringing the total capital raised by 10 Federal&#8217;s fourth offering to a noteworthy $96 million. Andrew Capranos, President of 10 Federal, expressed gratitude, stating, &#8220;We are immensely pleased with the trust from our valued investor base, reaching a cumulative capital raise of $96 million since the offering&#8217;s inception&hellip;<\/p>\n","protected":false},"author":13,"featured_media":5362,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,4],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5361"}],"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=5361"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5361\/revisions"}],"predecessor-version":[{"id":5363,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5361\/revisions\/5363"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/5362"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=5361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=5361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=5361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}