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SmartStop-Sponsored Self-Storage REIT Merger Creates $1 Billion Property Company

SmartStop-Sponsored Self-Storage REIT Merger Creates $1 Billion Property Company

by Nathan S. Pierce | Nov 2, 2026 | Real Estate News

Simple Content Summary: Strategic Storage Trust VI said November 2, 2026, that it completed its all-stock merger with Strategic Storage Growth Trust III, combining two SmartStop-sponsored investment vehicles into a non-traded REIT with more than $1 billion in total...
CubeSmart Plans $197 Million Storage Joint Venture as Occupancy and Earnings Improve

CubeSmart Plans $197 Million Storage Joint Venture as Occupancy and Earnings Improve

by John G. Stevens | Oct 30, 2026 | Commercial Real Estate News, Current News & Events, Real Estate Investing

CubeSmart plans to transfer 15 self-storage properties into a new $197 million joint venture with an affiliate of Heitman Capital Management, a move that would release capital while allowing the real estate investment trust to retain a minority interest. The agreement...
Extra Space Storage Posts 4.6% Same-Store NOI Growth, Reports $1.4 Billion Loan Book

Extra Space Storage Posts 4.6% Same-Store NOI Growth, Reports $1.4 Billion Loan Book

by John G. Stevens | Oct 27, 2026 | Commercial Real Estate News, Real Estate Investing

Extra Space Storage’s third-quarter property income rose faster than revenue as the company reduced operating expenses at its comparable self-storage facilities. The Salt Lake City-based real estate investment trust reported Tuesday, October 27, that same-store...
10 Federal Expands Beyond Self-Storage Sector with First Retail Property Acquisition

10 Federal Expands Beyond Self-Storage Sector with First Retail Property Acquisition

by Phil Hall | Sep 2, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

10 Federal, a commercial real estate firm that manages approximately 135 self-storage properties across 16 states, has branched into the retail sector with its acquisition of Eric Lane Shopping Center in Burlington, North Carolina. Eric Lane Shopping Center comprises...
Alliant Credit Union Launches Small Balance Commercial Real Estate Lending Platform

Alliant Credit Union Launches Small Balance Commercial Real Estate Lending Platform

by Phil Hall | May 17, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Chicago-headquartered Alliant Credit Union has rolled out SBL Edge, a lending platform designed for small balance commercial real estate borrowers in the multifamily, manufactured housing and self-storage sectors. According to Alliant, owners of stabilized properties...
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