Self-Storage Financing: How Lenders Underwrite Storage Facilities

Self-storage loans finance one of commercial real estate’s most recession-resilient asset classes — low operating expense ratios, sticky tenants, and the ability to reprice rents monthly. Lenders underwrite physical and economic occupancy, the facility’s breakeven occupancy, NOI, and the strength of the management platform, then size the loan on DSCR and debt yield. ⚡ Quick […]