Elite Stor Capital Partners LLC, an equity investor focused on the self-storage industry, has appointed Sheila Reinken as chief financial officer. She’ll be responsible for managing the company’s capital-markets activities, finance and investor relations.
Reinken’s employment background includes senior financial-leadership roles at publicly traded Fortune 500 companies in the multi-unit retail space including Burger King Corp., Levitz Furniture Corp. and Winn-Dixie Stores. She has more than 25 years of experience as a senior financial officer.
During her career, Reinken successfully completed financing for the acquisition of an 11-store retail chain, individual store acquisitions and new store build-outs, according to an Elite Stor press release. She has considerable capital-markets experience including successfully completing two IPOs, several public debt issuances, real estate financings, asset-based credit facilities and revolving credit facilities.
“Sheila’s distinguished track record and depth of experience will help guide our company as we expand our holdings in the self-storage industry through targeted acquisitions,” said Elite Stor CEO Benjamin Macfarland. “We look forward to leveraging Sheila's diverse experience as we continue to build and grow our self-storage platform businesses under the Elite and Storage Rentals of America brands.”
Elite Stor is a real estate investment company focused on the acquisition of self-storage properties as well as direct-equity investments with developers and operators. It’s an affiliate of Calidus Holdings LLC. The company acquired or developed approximately $75 million worth of self-storage assets in Florida, Kentucky and Ohio, representing more than 9,000 units and 1 million feet of rentable space.