Become an Informed Investor Today!
For the last several months we have been talking about the uncertainty in the self-storage investment market, due to stock market volatility, looming interest rate hikes, a new development pipeline, and the ever-changing financing market. By most measures the self-storage rental business is reasonably steady, if not booming today. However, over the last several years […]
There are widespread expectations that the Federal Reserve will raise rates later this year; in fact, many think it’s going to occur next month. So exactly how will this increase in rates affect commercial real estate? The better question is why are interest rates rising? If it’s because the U.S. is perceived as a riskier […]
Over the last 10 years, I have realized that complacency is a major problem in self-storage, particularly since we’ve been enjoying the recent strong performance of the industry. At one time or another we have all looked at our to-do list and thought, “I can do that next month.” Reviewing your operating expenses, however, is […]
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 […]
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 […]
Over the years we have written articles on just about every topic concerning self-storage, but rarely have we explained what a real estate broker does and why do we get paid to buy and sell self-storage properties? The easy answer is that our clients believe they get value from using a broker’s services, but there […]
Looking back over 2014, most self-storage operators continue to bask in their own glory and in general, self-storage properties continue to perform better than expected. The last six months of 2014 were markedly different than the first few months. Liquidity in the real estate debt and equity markets was supercharged over the last six months, pushing self-storage values to new […]
