Become an Informed Investor Today!
With many major markets showing signs of slowing property values due to new supply hitting the market, we’re seeing rising real estate taxes and flat to rising capitalization rates. These market tipping points have left a gap between the buyers’ and sellers’ expectations in the marketplace today… Read More View details on New Argus Listings […]
Here at Argus, we believe that there is a connection between understanding the current market and nuances of what does and does not create value and running a successful business. For example, owners need to know if it is better to spend $10,000 on landscaping or $15,000 on remodeling a building to create more 10 […]
Everyone has an opinion. This statement has always been true, but in today’s ultra-connected, social media-oriented world, opinions are much easier to share (and harder to erase). Why is this important to self storage operators? The image that you project online is one of the primary reasons that people will choose to rent from your […]
Benjamin Franklin once said “A penny saved is a penny earned.” The same holds true in the real estate business, except that we can expect an even greater return when we make an effort to save on operating expenses. At one time or another, we have all looked at our to-do list and thought “I […]
The last few months of 2016 saw some interesting changes. We had a historic presidential election, the ten year treasury moved up in a meaningful way, and Self Storage REIT stock prices sagged for the first time in quite a while. Meanwhile, the phone at Argus has been ringing off the hook with owners wanting […]
The holidays are upon us and cautious optimism is certainly present in today’s real estate market, including self-storage. The recent presidential election along with the softening of the self-storage REITs operating data has momentarily caused the market to pause as many investors and financial institutions, both big and small, are pulling in the reins and […]
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 their self storage clients. The Argus Self Storage […]
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 […]
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 […]
