In a volatile lending environment, Life Storage Bridge Loans are a reliable solution to reach deeper into the capital stack to access valuable equity and provide the flexibility you desire without a long term commitment.
- Up to 80% Loan to Value
- 1-Month Term SOFR+400-500
- 3-5 Year Term (with extension options)
Life Storage Offers the Flexibility You Need to Do More for Your Storage Facility
For more than 30 years, Life Storage has helped hundreds of thousands of customers with their storage needs. In the process, we have grown to become a recognized leader with more than 1,150 locations across the country. Our experienced people employ advanced technologies to drive new business and turn every customer inquiry into an opportunity for owners like you.
Our team offers something more than you can get in 3PM elsewhere. Flexibility. We're willing to work with you to make sure your vision of your property comes to fruition. Whether your interests are just increasing value in your properties, accessing better financing, or developing an exit strategy, our resources are at your fingertips and are people are willing to work with you.
Access the Benefits of our Management
About Life Storage
Join one of the top self storage companies in the U.S.
Life Storage Solutions brings you the distinct benefits of our size and scale as a national leader in self storage. You can be confident in our ability to manage your properties by focusing on the fundamentals of marketing, pricing, cost control, and property upkeep.
Our size, customer base, and 30 years of experience in the self storage industry gives you a solid foundation on which to build your future and increase the value of your investment.
- Over 400,000 customers
- Over 1150 facilities in 37 states and the District of Columbia
- Over 30 years in the industry
- 15% of stores are Joint Ventures
Structured the way it works for you
Our goal is to find the solutions that satisfy the financial requirements of your third party management goals. Are you looking for an arrangement that improves financing options? Interested in opportunities that offer immediate capital? Are you looking for an agreement which has future exit strategy options? Life Storage has a number of choices that will address your needs.
Agreement and Investment Options
- Fee-based Management
- Equity Partner
Take a Virtual Tour of our Management
The Partner Experience portal gives you access to virtual presentations that detail how Life Storage management works.
Systems and Analysis that Work
Our advanced Revenue Management Model (RM) is aimed at understanding, anticipating, and influencing customer behavior in order to maximize revenues. We take it to a new level in self-storage with an RM team made up of the sharpest analysts in the business utilizing cutting edge systems.
We continually monitor and adjust pricing for your stores, looking at current and forecasted demand, supply, price sensitivity and competition. Our RM team can quickly adjust pricing and promotions as market conditions change.
If you are interested in finding more value in your storage properties, the first step is Revenue Management. With Life Storage Solutions in the driver's seat, you'll find opportunity in every rental.
Operations & Performance
Recruit & Retain Top-Notch Employees
Life Storage Solutions can offer you a complete menu of comprehensive Human Resources services provided by experts who not only understand the details of HR, but who know the ins and outs of working in the self storage industry. Focus on what is important to you, and engage Life Storage to focus on payroll, health insurance, tax reporting, staffing, recruiting, and retirement planning.
Support and Training
Life Storage Solutions recognizes the importance of people to the success of your stores. We pride ourselves on providing our associates with the most comprehensive and robust training in the self storage industry. With specialized online training, performance evaluation, peer networking, and superb new-hire training, Life Storage will staff your facilities with a team built to succeed.
Whether it is the skilled staff and leadership in the field or the systems that keep us connected, Life Storage Solutions offers you a distinct understanding of the business and the tools to drive and measure performance. Your facilities gain the benefit of:
- Monthly visits by an Area Manager
- STARS incentive-based evaluation
- Real-time reporting of sales
- Demand tracking
Whether inquiries for storage come by phone, the web, or walk through the door, you know that every one is an opportunity for your business. When you have Life Storage behind you, you can be confident that no opportunity is missed.
24/7 Call Center
Each time the phone rings, your potential customers are served by our highly trained call center representatives. Fielding over 50,000 calls per month, seven days a week 24 hours per day, you will find no team better prepared to turn inquiries into customers. With the latest storage sales training techniques and space availability and pricing at their fingertips, the Life Storage call center is ready to deliver the rentals your stores may be missing.
Search Engine Visibility
For that ever-growing group of customers who would rather click than call, you can rest assured they will find lifestorage.com easy to navigate and ready to take their storage rental. Supported by an aggressive marketing budget and digital strategy, your property will receive excellent visibility in search and leverage our ability to target customers that demonstrate a potential need for our services.
Life Storage is currently the only major storage operator offering customers a complete online rental process with "Rent Now". When the store office is closed, rentals don't stop. Customers may complete the rental agreement online, make their payment, get access to the facility and follow a digital map to their space so they can move-in right away. Online rentals have proven popular with younger generations that expect self-service options from today's businesses.
"Early Life" Marketing
We are one of the only 3PM providers that offer marketing programs that are tailored to the unique market area for an individual store. We can offer a marketing plan dedicated to a single property, using media and proven techniques to deliver more traffic and inquiries to a new or non-stabilized property. Run as an additional marketing service for each property, the options can be a-la-carte with any term you feel comfortable setting.
Controls & Reporting
More than just Accounting
Your properties are in good hands with the experienced people and systems employed by Life Storage Solutions. We use proprietary accounting and finance control systems that centralize data and allow real-time updates for services such as online payments and online reservations. The accounting team is made up of more than 30 professionals overseen by three CPAs who have a combined 30 years experience with a focus on self storage.
Our accounting team will work for you overseeing the financial aspects of your operations. Daily audits of payments and cash/credit reporting along with monthly bank reconciliations keep your properties' finances firmly in control.
At Life Storage, we couple accounting controls with independent, on-site audits to monitor stores' compliance with legal and operational policies and procedures. Operating your properties under Life Storage Solutions minimizes your exposure to legal issues and potential fraud.
Learn more about our Solutions
Take the next step and contact us to learn more about the Solutions we can create for your storage properties. Our team will learn a little more about your properties, provide you with a detailed plan for management, and show you why Life Storage is different than other third party managers.Contact Us to Learn More About Our Solutions