DiscoverThe Self Storage ReportDo $2B of extended CMBS loans pose a threat to Storage?
Do $2B of extended CMBS loans pose a threat to Storage?

Do $2B of extended CMBS loans pose a threat to Storage?

Update: 2025-11-14
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We're tackling the biggest market risks this week!

We discuss the proposal for a 50-year mortgage as a desperate measure to keep the housing market afloat, which we view as a critical signal of a system under enormous financial pressure, consistent with the 18.6-year real estate cycle.

The Biggest Threats:

  • CMBS Loan Crisis: We reveal the $21 billion in CMBS loans outstanding in self-storage and how $2 billion are essentially delinquent, forcing lenders into an "extend and pretend" scenario by extending interest-only periods to delay mass foreclosures.

  • Insurance Gaps: Our risk partner, Terry Campbell, warns against focusing only on rising premiums, urging you to audit your coverage for hidden gaps that could be devastating after a natural disaster .

  • Boots on the Ground: We highlight the strategy of Wentworth Properties, who build custom assets by getting "boots on the ground" to understand true market need, rather than relying solely on easy data.

And finally, Chris shares an incredibly powerful personal story from his Homes for Hope trip to Mexico, reinforcing our belief that business success is about more than just making money, it's about serving a higher purpose.

Connect with Thaddeus Campbell (S3 Partners):

https://www.linkedin.com/in/itsthadcampbell/

Connect with Chris Berg (Abernathey Development):

https://www.linkedin.com/in/chrisbergreal/


This episode was brought to you by:

Tractiq
https://tractiq.com/

Johnson Insurance
https://gojohnsoninsurance.com/self-storage-insurance/?utm_source=s3partners&utm_medium=social&utm_campaign=jisselfstorage

Find the Show on YouTube:
youtube.com/@theselfstoragereport

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Do $2B of extended CMBS loans pose a threat to Storage?

Do $2B of extended CMBS loans pose a threat to Storage?

Thaddeus Campbell