The William Warren Group recently promoted Tim Hobin, 51, to chief investment officer. His duties include leading the real estate team to deliver on investment strategy, to mentor leadership and to foster investment return and growth objectives.    WWG is a nationally known powerhouse in self-storage management, acquisitions and development. The company operates its facilities…

Private real estate firms seem to have little trouble raising investor funds for self-storage ventures. Two separate firms have recently closed funds exceeding $50 million in new capital for self-storage development and acquisition activity. Albuquerque-based DXD Capital, a self-storage investor and developer, announced the closing of its inaugural fund focused on developing new facilities. The…

Irvine, CA-based Talonvest Capital, Inc., helped secure its clients $111,500,000 in permanent financings during the final weeks of 2021. The boutique self storage and commercial real estate mortgage brokerage firm negotiated with various national banks to obtain the loans for their clients. The new closings are secured by assets located in Texas, California, Illinois, and…

This year, the self-storage industry saw three portfolios trade for well over $1.5 billion each. What did all three deals have in common? Kieran O’Shea. O’Shea, managing director of real estate investment bank Eastdil Secured, represented the sellers of the EZ Storage portfolio ($1.8 billion), the Storage West portfolio ($1.7 billion) and the biggest of…

Adult Toy Storage, which lays claim to being the largest RV and boat storage facility in the country, has a new owner. The cheekily-named facility will also be getting a new moniker: RV Storage Depot. A Newport Beach, CA-based joint venture between RanchHarbor, Ramser Development Company and Saunders Property purchased the Altamonte Springs, FL facility….