Press Releases

Buchanan Street Partners (“Buchanan”), a Newport Beach-based real estate investment management firm, has acquired Interstate U-Stor – Ambassador, a stabilized, institutional-quality self-storage facility located at 905 Ambassador Drive in Reno, Nevada, for $20.2 million. The property was marketed by Walter Brauer and Nick Walker of CBRE.

Buchanan Street Partners (Buchanan), a Newport Beach, CA-based real estate investment management firm, has announced the groundbreaking of its latest self-storage development in Scotts Valley, CA. Located at 10 Victor Square within Santa Cruz County, the 2.6-acre site will be transformed into a state-of-the-art, climate-controlled self-storage facility.

Buchanan Mortgage Holdings, LLC (BMH), an affiliate of Buchanan Street Partners, L.P., provided an $18 million bridge loan for a 13-parcel assemblage in Exposition Park, directly across from the University of Southern California (USC) campus in Los Angeles, CA.

Newport Beach, CA (July 18, 2025) – Buchanan Street Partners (Buchanan), a Newport Beach, CA-based real estate investment management firm, acquired a 0.7-acre South San Francisco property located at 1341 San Mateo Avenue, with plans to redevelop the site into a state-of-the-art self-storage facility.

Buchanan Mortgage Holdings, LLC, an affiliate of Buchanan Street Partners L.P., provided a $24.8 million non-recourse construction loan for the renovation of a 1960s-built waterfront-adjacent multifamily property in Point Loma, CA.

Buchanan Mortgage Holdings (BMH), an affiliate of Buchanan Street Partners, is pleased to announce the promotion of Chris Cervisi to the role of Senior Vice President. In his new position, Cervisi will lead BMH’s real estate lending platform and oversee all efforts related to sourcing, structuring, and underwriting debt investments.

Newport Beach, CA (May 7, 2025) – Buchanan Street Partners (Buchanan), a Newport Beach, CA based real estate investment management firm, has acquired a newly-constructed, Class A, three building self-storage facility located at 310 Rock Springs Drive in Las Vegas, NV.

Newport Beach-based Buchanan Street Partners is making a play in South County with its purchase of Spectrum Centre Business Park.

Lake Forest, CA (April 4, 2025) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, acquired Spectrum Centre Business Park, a 16-building, 227,757 SF, multi-tenant, small-bay industrial park in Lake Forest, California. Buchanan is purchasing the project, at 20902-21098 Bake Parkway, from a Los Angeles-based fund manager.

Buchanan Street Part­ners recently broke ground on a 99,500 square-foot stor­age prop­erty in Santa Cruz County, advan­cing its strategy to build a self­-stor­age port­fo­lio exceed­ing $1 bil­lion. Buchanan, which has $1.6 bil­lion in assets under man­age­ment, is redevel­op­ing a 2.6-acre site at 10 Vic­tor Square in Scotts Val­ley into a three-story, 760-unit self-stor­age facil­ity.

Buchanan Mortgage Holdings, LLC (BMH), an affiliate of Buchanan Street Partners, L.P., provided a $46.5 million construction loan for Stella Apartments, a 149-unit multifamily development in San Diego, California. The sponsor, Murfey Company, was represented by JLL Capital Markets to secure the three-year, floating-rate construction loan.

Newport Beach, CA (October 29, 2024) – Buchanan Street Partners (Buchanan), a Newport Beach, CA-based real estate investment management firm, acquired a 2.05-acre Inland Empire property located at 1382 East Foothill Blvd, Upland, CA with plans to redevelop the site into a state-of-the-art self-storage facility.