EBSC Lending Provides $21.3 Million Construction Financing for 1,775-Unit Self-Storage Development in Stockton, California.
- Elite Business Service, LLC. Nationwide Private Lender
- Mar 29
- 2 min read
STOCKTON, CA - March 29, 2026 - EBSC Lending has provided $21.3 million in construction financing for a 1,775-unit self-storage development in Stockton, California, supporting the ground-up delivery of new storage capacity in a key Northern California market.
Transaction Overview
The financing supports the development of a large-scale self-storage facility designed to meet growing demand in the Stockton submarket. The project will deliver 1,775 storage units and incorporates modern features focused on tenant convenience, operational efficiency, and asset protection.
The facility will include climate-controlled units, mobile-enabled access, contactless rental systems, and a comprehensive security infrastructure featuring camera surveillance, access control systems, and automated locking technology.
The loan was structured as a construction facility with a 10.75% rate, featuring a four-year initial term and two one-year extension options, subject to standard performance conditions. The structure provides the borrower with sufficient time to complete development and stabilize operations.
Commenting on the transaction, Martin Alex of EBSC Lending stated, “With ample liquidity available for investment, EBSC Lending continues to target lending opportunities with well-capitalized institutional sponsors and projects that offer attractive risk-adjusted returns for our investors.”
The transaction reflects EBSC Lending’s continued focus on specialized real estate assets and its ability to structure financing solutions aligned with both development timelines and evolving market conditions.
Market Context + What It Means
The self-storage sector is currently transitioning into a more disciplined development cycle, with operators focusing on technology integration, tenant experience, and operational efficiency. According to Yardi Matrix, U.S. self-storage asking rents declined 1.1% in February 2026, and industry outlooks for 2026 remain flat to slightly negative, reinforcing the importance of selective underwriting and strong sponsorship.
In this environment, new developments must be carefully positioned to succeed, with modern amenities and efficient design playing a critical role in lease-up performance. Markets like Stockton—benefiting from population movement and regional growth—continue to present viable opportunities for well-structured projects.
Construction financing for self-storage assets requires lenders capable of underwriting specialized operating models, development risk, and market timing. Private lenders with flexible capital and execution certainty remain essential in advancing these projects.
By providing $21.3 million in construction financing, EBSC Lending enabled the borrower to deliver a modern storage facility aligned with evolving tenant expectations and positioned for long-term performance.
Frequently Asked Questions
What type of financing did EBSC Lending provide?
EBSC Lending provided a $21.3 million construction loan for a self-storage development in Stockton, California.
How large is the project?
The development will include 1,775 storage units with modern operational features.
What are the key loan terms?
The loan carries a 10.75% rate, a four-year initial term, and two one-year extension options.
What types of specialty assets does EBSC Lending finance?
EBSC Lending finances self-storage, multifamily, mixed-use, and other specialized real estate assets through construction, bridge, and transitional loans nationwide.
Related EBSC Lending Financing Programs
EBSC Lending provides flexible private capital solutions across the United States, including:
Construction Loans – Ground-up development financing
Commercial Bridge Loans – Transitional capital for complex assets
Specialty Asset Financing – Solutions for self-storage and niche property types
View the official announcement: https://www.sfnet.com/home/industry-data-publications/the-secured-lender/tsl-express-daily-articles-news/tsl-express-daily-articles-news/2026/04/09/ebsc-lending-provides--21.3-million-in-construction-financing-for-1-775-unit-self-storage-development-in-stockton--california
