Become an Informed Investor Today!
Our client in this self storage sale had delegated the day-to-day management of this asset for many years when outside factors caused him to assume the management responsibility. After some review, the owner decided that market conditions indicated a higher return could be made through a sale vs. taking up to a year to complete […]
Our client was a repeat customer who had been involved in deals that our team had bought and sold before. The client was interested in liquidating the asset and redeploying capital into other projects. The facility was located in a tertiary market and was not visible from the main highway running through the town. The […]
Through the CCIM network, our team was contacted by an out-of-state broker whose client was in a 1031 exchange and needed assistance locating a suitable investment property in Arizona. After searching around the Phoenix Metropolitan market, we were able to locate a building that was currently occupied by a local chain and was owned by […]
Today we find ourselves in a unique position in the self-storage industry. Capital appreciation, combined with strong fundamentals, increasing demand, and STILL low interest rates have made the traditional transaction more accommodating so that both the buyer and seller can achieve their goals without hurting the other party’s position. These positive economics do not resolve […]
With all of the hype surrounding self storage today, new development buzz, strong market fundamentals, fluid financing options and all-time high values, it’s worth contemplating; is this as good as it gets? For the last several months we have been talking about how long this cycle will last and the uncertainty of the major driving […]
It has been suggested over the last several months that now is a good time to buy, sell, develop or refinance. Sounds good all the way around, RIGHT? Today’s strong market fundamentals and very liquid lending market have made good deals even better, and the cash on cash returns are simply staggering for owners, buyers […]
Self storage is a unique asset type that requires expert knowledge to properly represent in a sale. This particular property was located in a smaller community and was self-managed by the sellers who wanted to retire and do more traveling. Since the sellers desired a clean break from the property, we needed to have solutions […]
Self storage is a unique asset type that can operate successfully in many of different types of markets such as this one which was located in a smaller community and was owner-operated. Our client was looking to retire and so we needed a way for a buyer to step right in and take over the […]
Small and mid-sized investors have been very active in the self-storage space recently. This is evident as Argus has transacted more sub-$5M deals over the last 6 months than any other period in our 21 year history of brokering self storage transactions. No longer an afterthought in the industry, lenders are taking this segment of […]
Sometimes real estate brokers forget that the details associated with a transaction may be unfamiliar to their clients when they decide to buy or sell self-storage properties. With this in mind, I thought I would take you through some of the behind-the-scenes aspects of a real estate transaction and focus on the due diligence requirements. Obviously, the devil is in […]
