David M. Levenfeld is a Co-Founder and Board Member of the Business Owners Alliance (BOA). He also serves as co-founder and CFO of the Storage Business Owners Alliance (SBOA) and CEO of Storage Pros Management, LLC. and its affiliated companies.
Storage Pros, which David co-founded in 2007, owns and operates self-storage facilities in the Eastern US.
David has worked in the self-storage investment community nationwide for nearly 30 years. Since 2002, both individually and in partnership with various private institutional investors, as well as through the Storage Pros platform, David has lead the acquisition and in some cases, disposition, of more than 75 investment-grade self-storage properties totaling more than four million square feet of rentable space with an aggregate transaction value in excess of $1 billion. He has also brokered the sale of more than $130 million worth of self-storage facilities and development parcels in the Northeast U.S.
From 1996 to 2001, David served as vice president – development, for Storage USA, at that time, a NYSE-listed real estate investment trust. In that capacity, he supervised the company’s development activities in the eastern third of the country, including the development of numerous new construction, expansion, and conversion self-storage facilities.
David currently serves on the Advisory Board of CubeSmart (NYSE: CUBE), a real estate investment trust that owns and operates self-storage facilities nationwide. In addition, he serves on the Board of Directors of SBOA Tenant Insurance, a self-storage tenant insurance company.
David is a licensed real estate broker in the Commonwealth of Massachusetts. He earned a Master of Business Administration in 1987 from the Wharton School of The University of Pennsylvania, where he concentrated in real estate and finance. He also holds a master’s degree from the University of Chicago and a Bachelor of Arts from Boston University.