Become an Informed Investor Today!
Sounds like good news – and it is! Never before have prices been higher for self storage properties – either in absolute dollars or in relation to the income they produce. Over the last 3 years or so, selling prices of self storage have risen dramatically. A typical owner could look at their facility 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 thankful for the men and women who work hard to serve the needs of their self-storage clients. The Argus Self Storage Sales Network is made […]
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 […]
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 […]
