Centerbridge Partners and Reframe Holdings formed a joint venture.

Centerbridge Partners, a multi-strategy investment firm, and Reframe Holdings, real estate investment and management firm, formed a joint venture. Financial terms were not disclosed. "Centerbridge has long recognized the resilience of the self-storage industry through economic cycles. With fundamentals stabilizing and new supply moderating, we believe the sector is well positioned for renewed growth. We are thrilled to partner with Matt, Zack, and the entire Reframe team, leveraging their deep industry relationships and data-driven approach to capitalize on the evolving opportunity set," Matt Dabrowski, Centerbridge Co-Head of Real Estate and Senior Managing Director.