Become an Informed Investor Today!
“We’re in a people business, but this isn’t just about business. This book is required reading for our team because it should be required reading for everyone. A true classic whose concepts have not changed in nearly a century.” You can go after the job you want…and get it! You can take the job you […]
The economic environment of the last several years has been very favorable for self-storage values and operating performance. In fact, we have enjoyed the longest economic boom the self-storage industry has ever experienced. This has been spurred by strong operating performance, improving market fundamentals, better industry data, fluid debt markets, quality third party management platforms […]
Private investors who once avoided dedicating precious time to midsize deals are now embracing an asset category where the prices are modest and public REITs have long dominated. Self storage offers low upkeep costs and opportunities for rent increases that are generally more frequent than in most other asset categories. Some people have come to […]
“Checklists, checklists and oh yeah, checklists. There’s enough complexity in today’s commercial real estate transactions. The fundamentals should be a checklist. We train our team on the concepts and lists in this text to help keep 95% of the transaction on a list of to do items.” There’s a HUGE problem in the commercial […]
We were always struck buy the lack of formal training in the commercial real estate brokerage business. All of our team members learn from basic texts like this one so we can be on the same page with definitions, concepts and terminology. It doesn’t matter if you’re an intern, support staff or a seasoned broker, […]
It is easy to spot the signs that summer is coming to an end. School supplies are on sale and kids everywhere are trading beach towels, skateboards, and baseball gloves for backpacks. It also appears that that the current run-up in self-storage values is coming to an end. Over the last 120 days we have […]
Today’s self-storage real estate market is robust and fluid, but property buyers and sellers need to focus on more than just price. Here’s insight to a few less obvious aspects of today’s deals. Self-storage investors are enjoying the fluid nature of today’s transaction market, and it’s evident that property buyers and sellers need to focus […]
Developers are opening new self-storage properties in markets across the country, offering low rates to attract customers and pushing down average rents. “Heavy new supply deliveries and slowing economic fundamentals are adding headwinds to street rates,” according to the “National Self Storage Report” for July 2018 from Yardi Matrix. The number of new properties opening […]
During a self-storage real estate transaction, the advice of an industry-experienced broker can have more value than many realize. Learn about the duties of this professional and how he encourages a more successful purchase or sale. The value of professional advice during a self-storage real estate transaction can’t simply be measured by wins and losses. […]
In 2018 the business of buying and selling self-storage properties around the country has become much more complex than in years past, but our discussions with both buyers and sellers always ends up focused on market cap rates. Unfortunately, most people don’t fully understand all the ramifications of this seemingly simple calculation. Hopefully this summary […]
