SafeLease Launches SL Storage Partners to Provide Capital Solutions to Self-Storage Owners

SafeLease, a provider of self-storage tenant-protection and risk-management products, has launched SL Storage Partners, a sister company built to serve self-storage facility owners who are seeking financing solutions or exit opportunities. The new firm will focus on direct lending and acquisitions across North America, according to a press release.

SL Storage Partners and its affiliates are backed by $250 million in equity capital. The company will offer bridge, mezzanine and preferred equity financing as well as complete asset acquisitions, the release stated.

“The launch of SL Storage Partners puts SafeLease on a path to becoming a one-stop shop for storage owners’ capital and risk-management needs,” said chief revenue officer Nate Kinet. "We are now able to offer storage owners a more comprehensive suite of solutions across technology and financial services to help operate and grow their businesses.”

In addition to tenant-protection programs, SafeLease offers reinsurance and revenue-management software. Its products have been implemented at more than 1,500 U.S. self-storage facilities. The company is a subsidiary of Etude Capital, which launched a joint venture this month to invest in self-storage in North America.

Source: Business Wire, SafeLease Announces Launch of SL Storage Partners