
Extra Space Storage Bridge Loan Program
$2 BILLION IN CLOSED LOANS SINCE INCEPTION IN 2019
TRUSTED BY OVER 50 PARTNERS AND COUNTING
FINANCING, MANAGEMENT, AND POTENTIAL DISPOSITION ALL UNDER ONE ROOF
Introduced in 2019, Extra Space Storage’s Bridge Loan Program complements its ManagementPlus solution. This program caters to a range of partners, spanning from small operators to large funds. It offers short-term loans to both existing and potential third-party management partners, covering properties in any occupancy state. Our bridge loan program benefits self-storage owners that require both physical and economic stabilization. With the capacity to lend up to 80% of a property’s value, this program empowers owners to efficiently retire construction loans, unlock increased equity, or settle obligations with capital partners, all while realizing value creation through a non-taxable event. I am simply a test of the is preview

Recently Closed Loans
$17,000,000
Van Nuys, CA
706 units
;$23,700,000
Scottsdale, AZ
711 units
;$16,240,000
Ellenwood, GA
843 units
;Extra Space Storage Bridge Loan Terms
Our Team
Our bridge loans team has experience across every aspect of commercial real estate.
We’ve collectively loaned billions of dollars. Whatever your situation, we have the knowledge and ability to tailor a solution to fit your needs.

Jason Robinson
VP, Bridge Loan Program
Dylan Taylor
Senior Director, Bridge Loans
Jordan Ashcroft
Manager, Bridge Loan Portfolio
Kenny White
Manager, Investments
FAQS

What are the benefits of having my property managed by Extra Space Storage?
Is the 80% LTV fixed, or can it vary based on certain factors?
What is meant by "No Construction Loans"?

As a leader in our space, it makes sense that they [Extra Space Storage] are now leading yet again in trying to provide a fuller suite of services to their third-party management clients by adding a bridge loan program. After we did an exhaustive and extensive search for debt last year when the debt markets had dried up after Covid, we realized that the best program to suite our needs was actually right in our backyard with our good friends at Extra Space! Importantly, they provided financing to us before it was completely clear that self-storage was going to perform as well as it has during and after the Covid-19 pandemic. They showed their loyalty and trust and commitment to Merit Hill Capital and delivered as terrific partners to us yet again and provided the best terms we could find during that time period on some of our more transition assets that had a larger value add component than most of our deals. Irena and the Extra Space debt team have been terrific extensions of our overall deal team in many ways and have helped close over $90mm of loan volume to date in an extremely responsive, knowledgeable, and organized manner. We have thoroughly enjoyed working with their team and are excited to continue to grow and build upon the over decades-long partnership!!
Liz Raun Schlesinger, Founder & CEO, Merit Hill Capital
My experience with ESS has been beyond excellent since day one! My first interaction with ESS was with the management team when my company was seeking a third-party manager with national name recognition. Of course, ESS was a top choice to consider, but, once engaged, quickly exceeded all of our expectations. Now, with the ESS bridge loan platform, I have significantly deepened our relationship and am glad to have done so. Our first funding transaction with the ESS finance team was smooth, clean and straightforward. We had no surprises and had a simple ease of execution. As an owner, one of the most important aspects to a transaction is closing with a lender who honors their commitments and keeps costs and timelines within budget. We received all of this with ESS. We look forward to the next one!
Mitchell Feldman, President, The Feldman Companies
The Extra Space Bridge Loan program has been an attractive tool in the way that we finance acquisitions and construction projects. It has helped our company to responsibly grow our self-storage portfolio. The construction loan takeout at certificate of occupancy and nonrecourse aspects of the program are especially attractive to our partners and our construction lenders. We look forward to doing many more loans with Extra Space!
Gordo Kolb & Tom Connolly – G.H.K Developments, Inc.