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Centerbridge, Reframe make $500 million bet on self-storage rebound

JPMorgan backs thesis with $350 million in financing
Centerbridge Partners and Reframe Holdings acquired this self-storage facility in Gainesville, Florida, over the summer. (CoStar)
Centerbridge Partners and Reframe Holdings acquired this self-storage facility in Gainesville, Florida, over the summer. (CoStar)
CoStar News
March 23, 2026 | 8:06 P.M.

While many investors retreated from self-storage amid a two-year valuation reset, Centerbridge Partners and Reframe Holdings are betting $500 million that the sector's pain is nearly over, and JPMorgan Chase just backed that thesis with $350 million in financing.

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