Self storage loans

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Self Storage Financing

Self Storage Loans

In addition to our core programs we also offer commercial real estate government agency sponsored related programs for self storage building loans including SBA-504, SBA 7(a), and USDA.

Self Storage Building definition

The term self storage is short for self-service storage, and is also known as mini storage or mini warehouse (archaic). Self storage facilities lease space to individuals, usually storing household goods, or to small businesses, usually storing excess inventory or archived records. The rented spaces, known as "units", are secured by the tenant's own lock and key. Facility operators do not have casual access to the contents of the space unlike a professional warehouseman. A self storage operator never takes possession, care, custody or control of the contents of the storage rental space unless a lien is imposed as provided in self storage laws for non-payment of rent. Self storage facility operators usually provide computer-controlled access to rental space areas and many use security cameras.

Small Self Storage Financing

Self Storage Loans from $1 Million to 5 Million

Small Wholesale Self Storage Loans

  • Term - fixed rate: 2, 3, 4, 5, 6, 7 and 8 Years
  • Adjustable rate available
  • Amortization: 20, 25, and 30 years
  • Prepayment: Multiple options
  • Loan to Value Ratios: 75% for most loans
  • Assumable
  • Recourse: Yes
  • Can be used with SBA-504 (> 51% owner occupied properties)

Learn more about our Small Self Storage Commercial Mortgages

Small Conduit Self Storage Loans

  • Term: 5 - 20 years
  • Amortization: 30 Years Maximum
  • Prepayment: Multiple options
  • Loan to Value Ratios: 80%
  • Assumable
  • Recourse: Non-recourse

Learn more about our Small Conduit Self Storage Mortgages

Mid Balance Self Storage Financing

Self Storage Loans from $5 Million to $10 Million

Mid-Balance Wholesale Self Storage Loans

  • Terms - fixed rate: 2, 3, 4, 5, 6, 7 and 8 Year Loan Terms Available for Fixed Rate Products.
  • Term - adjustable rate: Maximum 5 Years
  • Amortization: 20, 25, and 30 years
  • Prepayment: Multiple options
  • Loan to Value Ratios: 75%
  • Assumable
  • Recourse: Yes

Learn more about our Mid Balance Wholesale Self Storage Mortgages

Mid Balance Conduit Self Storage Loans

  • Term: 5 - 20 years
  • Amortization: 30 Years Maximum
  • Prepayment: Multiple options
  • Loan to Value Ratios: 80%
  • Assumable
  • Recourse: Non-recourse

Learn more about our Mid Balance Conduit Self Storage Mortgages

Large Balance Self Storage Financing

Self Storage Loans from $10 Million to No Max

Large Balance Wholesale Self Storage Loans

  • Loan Amount: $10 Million - $1,000 Million
  • Fixed Rate: 5, 10 Years
  • Amortization: 20 to 30 year schedules available on most transactions, subject to underwriting criteria. Fully amortizing loans are also available
  • Prepayment: Multiple options
  • Assumable
  • Recourse: Non-recourse with standard carve-outs
  • Property Types: Industrial, R & D Flex, Self Storage, Retail, Manufactured Home Communities, Hotels, and Self-Storage
  • Loan to Value: up to 80%

Learn more about our Large Balance Wholesale Self Storage Mortgages

Large Balance Conduit Self Storage Loans

  • Pricing: Fixed interest rates priced at competitive spreads over comparable maturity U.S. Treasury
  • Term: 5 - 20 years
  • Amortization: 30 Years Maximum
  • Prepayment: Multiple options
  • Loan to Value Ratios: 80%
  • Assumable
  • Recourse: Non-recourse

Learn more about our Large Balance Conduit Self Storage Mortgages