Director of Acquisitions, Investment Real Estate LLC
Rick Hansberry is director of acquisitions for Investment Real Estate LLC (IRE), which brokers the sale of self-storage facilities in the Northeast and mid-Atlantic. He’s responsible for leading all legal and due-diligence efforts for the brokerage and acquisitions team. He also plays a leading role in strategic planning, accountability and setting company goals. For more information, call 717.779.0804; e-mail [email protected]; visit www.irellc.com.
Rick’s Recent activity
Once you’re serious about purchasing a specific self-storage property, you enter the official due-diligence period to determine whether to complete the transaction. Here are items to examine once you’re on that clock.
Whether you’re planning to buy or sell a self-storage facility, it’s important to understand the capitalization rate. Read what it is, how it’s calculated and how it’s used to determine asset value.