Become an Informed Investor Today!
Over the last 12 months we have seen the formation of a new self storage REIT (National Storage Affiliates) and the other four self-storage REITS (Public Storage, Cube Smart, Life Storage and Extra Space) have all hit all-time high valuations. Like many of you, I have been watching the stock market closely in recent weeks […]
Our client purchased this property as an investment in the early 2000’s and had planned to construct a self storage facility via joint venture with a local developer. Necessary entitlement approvals were obtained; however, just as they were preparing for construction, the economy faltered and with it the plans for construction. The client held the […]
This client had recently begun a process of transition into other other investments markets and, in order to continue this transition, they contacted us about selling this asset. We immediately conducted an analysis of his facility and his competitors and found one big challenge in taking this property to market: his current unit mix included a […]
Change and uncertainty go hand in hand, whether it is the looming presidential election or the impact that a new administration will have on the stability of the economy. As we approach election season, many are adopting a “wait and see” policy when it comes to evaluating the market for self storage investments. We know […]
The recent influx of buyers to the self storage space has led to higher transaction velocity. Some self storage owners who are unfamiliar with the transaction process may have questions about the procedure and the strategies that will help them achieve maximum value. With this in mind, I thought I would take you through some […]
With capital flow of both equity and debt having dramatically increased over the past few years, self storage has become the golden child of niche real estate. Delivering higher returns and a more stable cash flow than other investments, self storage is well positioned for the time being. A wise real estate investor once told […]
The good news is your competitor sold for a record high price; the bad news is that you have to pay for it in higher real estate taxes and new competition. Today, these two factors will likely reduce the value of your self-storage project because increased property assessment and increased competition always follow record high […]
Today’s marketplace consists of more buyers than sellers for self storage properties. These buyers vary widely and include institutional buyers (primarily public and private REITs and large operators), high net-worth buyers, exchange buyers (trading from another real estate sale), and other new entrants into the marketplace. This excess of buyers has driven prices to record […]
In today’s highly competitive self-storage marketplace, companies that actively cultivate the next generation of leadership enjoy a business advantage. Every company needs a good succession plan, it is critical to ensure the protection of the company’s future for the investors, employees, and with regard to partnerships and family owned firms, for its successor-owners, too. Real […]
The mortgage banking community recently gathered in Orlando to discuss the state of the commercial real estate industry, and the tone of the meeting this year was upbeat yet cautious. While lender allocations are generally higher for 2016, the mortgage-backed securities market faces some significant headwinds. Life Insurance Companies Life insurance lenders are fat and […]
