Live Oak Bank’s Self Storage team was named the 2017 winner for Best Lender in Inside Self-Storage’s Annual Best of Business Awards. The industry awards honor self storage professionals and businesses in over 39 categories.
"We are very excited and humbled to be voted ‘Best Lender.' It means even more that this is the second consecutive year we have won the award. We appreciate the opportunities that we have had over the last two years. Working with self storage owners across the country and being part of their successes in building or buying a facility has been very rewarding. We love being able to share our industry experience and help make the lending process easier for those looking to start or to expand their existing self storage businesses," said Terry Campbell, General Manager of the Self-Storage team at Live Oak.
Established in March 2015, Live Oak’s Self Storage team has lent over $292 million to owner/operators nationwide. "As someone with twenty years of experience in the commercial real estate and finance space, including some time as a commercial lender, I have not worked with a more talented and cohesive group than the team at Live Oak Bank. The processes and collaboration between the departments along with their industry focus and expertise make them a leader in self storage lending and deserving of all the accolades that they receive. "They are simply the best," said Jim Hoffman, Hoffman Investment Group.
The Inside Self-Storage Awards were designed to recognize the companies and organizations that support the self storage industry. The winners will be honored at the 2018 Inside Self-Storage World Expo in Las Vegas.