Become an Informed Investor Today!
The last decade was a remarkable one for all investors. Stock markets soared and the global economy, though threatened, remained resilient while one incredibly volatile investment stood out from all the rest as the best of the 2010s. Want to guess what it was? Bitcoin. According to a recent report by Bank of America Securities, […]
This time of year, we find ourselves reflecting on the things that we are grateful for and the people who mean the most to us. Here at Argus, we are most thankful for the men and women who work hard every day to serve the needs of our self-storage clients. Our organization is made up […]
As we enter the 4th quarter of 2019, self-storage investors are achieving higher than normal returns and extending the valuation push during this unprecedented real estate cycle. Many investors are finding that real opportunity lies in the arbitrage that a real estate investor can capitalize on between cap rates and interest rates. While the word […]
Buying or selling a storage facility is a complex task and one that is not in the frequent course of business for the average self-storage owner or for buyers who are new to the self-storage marketplace. The transaction process can often be confusing, competitive and outright frustrating. However, taking the right approach to prepare for […]
Congratulations, America! We’ve gone longer without a recession than at any time since economists began keeping track of such things. The economy has been expanding for 122 months, beating the previous record of 120 months which was set in the 1990s. However, over the last 30 days we have started to see the rock and […]
As we close out the first half of 2019, we continue see self-storage asset valuation on the rise. Much to my surprise, self-storage valuations are remaining strong and actually rising in some markets. Valuation of self-storage properties is a professional art, and while mechanical number manipulations are a very important part of the process, there […]
In my role as Financial Analyst here at Argus, one of the most common themes in my conversations with owners is the softening of rental rates due to the increase in new development that we have seen over the last few years. This increase in supply has forced owners and operators to adjust their rental […]
One of the most common questions I get as a broker is “where are cap rates today?” This seemingly simple question is more subjective than many people realize, due to considerations including project age, size, market size, property condition, construction type, and trade area demographics. These characteristics are used to classify a storage facility as […]
This year, Argus is honored to celebrate our 25th year in business as the nation’s premier self-storage brokerage. We have seen a lot of changes in the self-storage industry over these 25 years, most notably the tremendous expansion with more than 20,000 self-storage properties built, accounting for nearly half of the existing properties in the […]
Argus is celebrating its 25th year in business and in that time we have learned a great deal about what makes a successful transaction. An important part of that process is explaining what a real estate broker does and why we get paid to assist our clients in buying and selling self-storage properties. The value […]
