TractIQ and CRED iQ, a commercial real estate analytics firm, have formed a partnership to provide operating performance data for underwriting purposes. The platform’s verified, borrower-reported, facility-level information, including occupancy trends and historical financial performance (rental income, operating expenses, and net operating income) is available for brokers, developers, investors, lenders, and operators to use in their workflows. Sourced from commercial-mortgage-backed securities (CMBS) disclosures from self-storage facilities, the data is relied upon by lenders, rating agencies, and institutional investors to evaluate credit risk and asset performance.
While similar levels of transparency are available across other institutional asset classes, it has historically been absent in self-storage. Market participants were forced to rely on proxy signals like advertised rates, supply pipelines, demographic trends and anecdotal guidance without visibility into how individual self-storage facilities were actually performing.
“This marks a real shift for the self-storage industry,” said Noah Starr, CEO of TractIQ, the data provider for MSM’s 2026 Self-Storage Almanac. “Bringing real, reported operating data into a storage-first platform sets the standard for how deals are underwritten, financed and priced. We’re grateful to partner with CRED iQ, whose institutional-grade CMBS data and analytical rigor make this level of transparency possible. Once verified operating performance is available at scale, underwriting without it is no longer defensible.”
“Self-storage has become a meaningful institutional asset class, but access to verified operating performance has lagged other sectors,” said Michael Haas, CEO of CRED iQ. “We are excited to partner with TractIQ to bring CMBS-based occupancy and financial performance data into a platform built specifically for self-storage. This integration provides a more rigorous and consistent foundation for evaluating assets.”
The data resulting from the partnership will be available to TractIQ Pro+ customers. Additional enhancements and expanded analytics are planned throughout 2026.