Equity Returns for Distressed Self-Storage

CHICAGO-Shawn Hill, a principal with locally based BSC Group, says debt and equity capital necessary to bring distressed self storage situations to completion is now readily available.

By Robert Carr | Updated on July 20, 2011

CHICAGO-The first half of 2011 has shown that the markets are healthy again for the self-storage industry, according to the BSC Group, a financial firm that services this product type. The company has already originated $75 million in total transaction volume this year, and has a pipeline of more than $80 million in CMBS loans.

Shawn Hill, a BSC principal, tells GlobeSt.com that after focusing on distress for the past few years, he’s excited to find that debt and equity capital necessary to bring these transactions to fruition is now readily available.

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