News


  • Stellar Asset Invests in U.K. Self-Storage
    Stellar Asset Management launched a fund that seeks a minimum annual income of 6 percent by investing in self-storage space facilities in the Midlands and Northwest England. The Stellar Income Fund is seeking to raise £1m to fund its first investment, with the ...More
    February 6, 2009 Posted in News
  • UNITS Franchise Opens in San Antonio
    David Williams is opening a franchise of UNITS Mobile Storage, a portable storage company, in San Antonio. The 13,000-square-foot warehouse is on 1.5 acres near San Antonio International Airport. Williams owns the first UNITS franchise in the city. ...More
    February 6, 2009 Posted in News
  • Jobless Claims Reaches 26-Year High
    A record number of Americans are applying for unemployed insurance as new jobless claims soared to a more than 26-year high, according to government data released Thursday. ...More
    February 5, 2009 Posted in News
  • Tips for Finding Health Insurance
    Thousands of Americans who've lost their jobs during the recession are now in dire need of affordable health care. Health experts suggest they look into joining their spouses' insurance program, private insurance and government programs. ...More
    February 4, 2009 Posted in News
  • Health Insurance Coming for 4 Million Low-Income Children
    The House was expected to approve the expansion of a children's health insurance program Wednesday and deliver it to President Obama for his quick signature. The bill passed the Senate last week. Over the next four years, up to 13 million children could be covered under the ...More
    February 4, 2009 Posted in News
  • Mele Named Top Agent at Marcus & Millichap
    Marcus & Millichap has named Michael Mele, vice president of investments, as the firm’s top self-storage agent for 2008. In 2008 alone, Mele and his team closed 24 separate transactions, comprising 36 properties involving 16 different buyers. His group ...More
    February 4, 2009 Posted in News, Real Estate
  • Banks Still Lending Says American Bankers Association
    America's banking institutions haven't halted all lending, according to a letter to the editors of The Wall Street Journal. It appeared in the Feb. 2 issue and was submitted by Ed Yingling, president and chief executive of the American Bankers Association in Washington, ...More
    February 3, 2009 Posted in News, Finance
  • Technology May Be Able to Help Cash-Strapped Retailers
    Can IT best practices and retail-specific technology applications help U.S. retailers weather the recession? Retailers spend just 2.9 percent of revenue on IT, according to recent survey data. Contrast that with the finance and banking category, which spends 7.7 percent of ...More
    February 3, 2009 Posted in News, Management, Technology
  • Infinite Self Storage Obtains $9.9M Construction Loan
    Oak Brook, Ill.-based Leaders Bank has extended a $9.91 million acquisition/construction loan for the Infinite Self Storage facilities in Bolingbrook. The loan was arranged by Chris Cernek, Jason Welch and Hugh Franklin on behalf of the borrow, an entity related to ...More
    February 3, 2009 Posted in News, Real Estate
  • Kirk Takes the Reins at Extra Space Storage Inc.
    Extra Space Storage Inc. announced a realignment of its executive management team. Kenneth M. Woolley, the company's chairman and chief executive officer, turns over the reins to current president, Spencer F. Kirk.Woolley, who founded the company in 1977, will leave his ...More
    February 3, 2009 Posted in News