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5/14/24
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Chicago Title National Commercial Services California has launched the Chicago Title National Self-Storage Group. The new entity will be led by seasoned self-storage finance veteran, Chuck Mills as Vice President, National Sales.
Mills brings nearly 40 years of extensive finance experience to the position, encompassing loan origination, financial consulting and venture capital. His foray into the self-storage sector began in 2000, and since then, he has financed more than 500 self-storage loans, totaling over $2 bil. Notably, Mills most recently served as President of CEM Capital in Irvine, California, where he facilitated loan originations nationally, investment equity and facilitated joint ventures.
Throughout his career, Mills has played a pivotal role in over $10 bil worth of commercial loans across various sectors, including multifamily, retail, industrial, office and hospitality. Mills will be based in Chicago Title’s Newport Beach office.
“Chicago Title’s focus on the self-storage sector is a significant milestone,” notes Mills. “The dedicated national platform tailored exclusively to self-storage ensures that clients have access to an expert who understands the intricacies of the industry. Whether dealing with a single property or navigating a complex multi-state transaction, clients can rely on a single point of contact.”
Over the past decade, self-storage facilities have undergone significant transformations. Today, these facilities showcase a rich tapestry of sophistication and diversity, catering to a wide range of needs. They include outdoor and indoor options, climate-controlled spaces, multi-tenant industrial units, drive-up storage, wine storage as well as vehicle, recreational vehicle and boat storage.
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