Merit Hill Capital

Owner

Merit Hill Capital is a real estate investment firm focused on acquiring, developing and managing a portfolio of self-storage facilities across the United States. The firm was founded in 2016 by Liz Raun Schlesinger and has been capitalized with a $300 million equity commitment from a private investment firm with approximately $29 billion in capital under management with offices in New York and London.

Merit Hill currently has a team of thirteen employees with over 55 years of combined real estate experience and over 25 years of experience working together in the self-storage sector. Merit Hill Capital, LP has offices in Brooklyn, New York and Dallas, Texas. The team previously worked together to build the eighth largest self-storage portfolio in the country and is focused primarily on acquiring one-off and small portfolios with value-add or turnaround components in markets that have compelling supply and demand fundamentals and at least 25,000 residents with population growth. Merit Hill engages third party property managers, including the two largest third-party property managers in the self-storage industry, CubeSmart, and Extra Space Storage, to operate its properties.

Merit Hill Capital Overview

Address: 41 Flatbush Avenue
Neighborhood: Downtown Brooklyn
# of Projects: 2
Area of Work: Millbury and Salisbury
Work in Sectors: Retail and Storage
Established: 2016

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Total Square Feet : ******
Dollar Volume : *************
Current Project Status : *********************
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Latest News 2

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Sep 15, 2022

Millbury Storage Facility Acquired for $5M, Part of $200M Refi

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Oct 07, 2019

Salisbury Storage Facility Acquired for $4.845 Million

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Merit Hill Capital Breakdown

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Merit Hill Capital's Recent Projects

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147 Providence Street, Millbury, MA, 01527
95 Rabbit Road, Salisbury, MA, 01952

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