SNL Storage
People:
SNL Storage portfolio
$24.1 million* – industrial 88%, development 11%; Brooklyn 50%, Bronx 38%
1548th largest portfolio by dollar value
245,499 sqft – industrial 88%, development 11%;
1029th largest by SF
5 properties – Bronx 40%, Brooklyn 40%
1530th largest
Company Activity past 24 months:
Seller company: 6 for $173.5 million
Borrower company: 2 for $16.1 million
Top Ten Associated Companies:
Carlyle Group (4), Saperean Capital (2), Axos Bank (2), Extra Space Storage Inc. (2), Heitman LLC (2), Emerald Creek Capital (1), John Livingston (1), Joel Follman (1), Paladino Realty (1), SNL Storage (1)
Top Ten Associated People:
Wonjoong Kim (4), Kirk Grimshaw (2), Jonathan Lindell (2), John Livingston (2), Eshel Bar-Adon (1), Joel Follman (1)
Recent activity as company:
• Equity Resource Investments and SNL Storage borrowed $9 million from Extra Space Storage Inc. for 4139 Boston Road, Eastchester, Bronx on July 30, 2024.
• Equity Resource Investments and SNL Storage borrowed $7.1 million from Extra Space Storage Inc. for 629 3rd Avenue, Greenwood Heights, Brooklyn on July 25, 2024.
• Equity Resource Investments and SNL Storage sold 87-16 121st Street, Richmond Hill, Queens for $50.3 million to Carlyle Group on April 26, 2024.
• Equity Resource Investments and SNL Storage sold 1690-1696 East New York Avenue, Brownsville, Brooklyn for $20 million to Carlyle Group on April 24, 2024.
• Equity Resource Investments and SNL Storage sold 145 18th Street, Greenwood Heights, Brooklyn for $25.6 million to Carlyle Group on April 23, 2024.
• Equity Resource Investments and SNL Storage sold 651 Utica Avenue, East Flatbush, Brooklyn for $14.5 million to Carlyle Group on April 22, 2024.
• Equity Resource Investments and SNL Storage sold 2036 Webster Avenue, Tremont, Bronx for $16.2 million to Heitman LLC on February 22, 2024.
• Equity Resource Investments and SNL Storage sold 1296 East 14th Street, Midwood, Brooklyn for $46.9 million to Heitman LLC on February 22, 2024.
• SNL Storage borrowed $34.6 million from Axos Bank for 52-35 74th Street, Elmhurst, Queens on September 06, 2022.
• SNL Storage and Equity Resource Investments borrowed $28.6 million from Axos Bank for 581 Austin Place, Longwood, Bronx on June 30, 2022.
Latest Stories:
• Equity Resource, SNL sign $7.1M refi with Extra Space Storage in Greenwood Heights (July 26, 2024)
• Carlyle signs $83M acquisition loan with Prudential for storage in NYC (May 01, 2024)
• Carlyle buys storage building for $50.4M, last in 4-building, $110M deal (April 26, 2024)
• Carlyle Group pays $14.5M to Equity Resource, SNL for storage in East Flatbush (April 23, 2024)
• Heitman pays $63.1M for storage in Midwood, Tremont (February 23, 2024)
Properties: