Real Estate

Our roundtable of experts this month discusses the self-storage market in the North Central United States. Panel members are Bruce Bahrmasel of LandStar Realty Group, Chicago; Larry Goldman of Prudential Commercial Real Estate, Kansas City, Mo.; Peter Hitler of Investment Real Estate Specialists, Mequon, Wis.; Pat Jordan of Jordan Realty Inc., Minneapolis; Bob Randklev of Skogman Commercial Real Estate Group, ...

Modesto is the county seat of Stanislaus County, Calif. Roughly 110 miles from Yosemite National Park, 80 miles from the state capitol of Sacramento, and about 90 miles from both San Jose and San Francisco, Modesto is less than two hours from many prime locations in California. This proximity to major business centers has turned the agriculturally based city into ...

Capital-market volatility during the past 12 months has significantly changed the landscape for self-storage real estate investing and financing. If you have applied for a loan in the past eight to 10 months, you’ve likely noticed these changes firsthand. Gone are the days of 85 percent to 90 percent loan-to-value ratios (LTV), 10-year interest-only periods, and 1.05 to 1.10 debt ...

Self-storage is increasingly considered an investment-grade sub-sector in the European market, thanks to industry growth and the success of the major operators. The business is fundamentally a retail operation that is closely aligned to the real estate from which it operates. This relationship has been recognized by the broad range of investors who have tried to gain access to the ...

When was the last time you took an in-depth look at your local market and your facility’s competitive position? Would you be prepared to compete against a new facility? In these uncertain economic times, a facility checkup is a crucial exercise to ensure a healthy future for your business.SymptomsBe on the lookout for certain symptoms indicating an ailing market. Begin ...