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Coronavirus (COVID-19)

As of March 2020, the novel coronavirus (COVID-19) has become a pandemic, causing governments worldwide to declare a state of emergency and implement stay-in-place and social-distancing strategies. The spiraling impact of the illness continues to grow, impacting nearly all businesses. We have created this page to keep self-storage professionals apprised of developments, resources and advice in this difficult time. If you would like to share a piece of industry content that would be suitable for this page, please send it to [email protected]

A New Self-Storage Legal Threat Amid COVID-19: Moratoriums on Lien Sales and Late Fees

Jul 18, 2020

A handful of local officials are issuing moratoriums on self-storage lien sales and late fees, which severely impacts a facility operator’s right to take control of units in default. A legal expert weighs in on the consequences to the industry and...

Self-Storage Real Estate and COVID-19: How Investing and Deal Structures Have Changed

Jul 17, 2020

The self-storage investment landscape has changed dramatically in this time of global pandemic. Learn how real estate transactions are being impacted, including deal terms, timing, pricing and marketing.

I’m So Over It! Battling Self-Storage Job Burnout and COVID-19 Fatigue

Jul 17, 2020

Job burnout can happen to any self-storage employee at any time, but particularly during the coronavirus pandemic, which has everyone on edge. A manager shares a few things that “set her off,” how to know if you’re fatigued and some strategies to...

Credit Checks for Self-Storage Tenants: Preventing Bad Debt During COVID-19

Jul 12, 2020

Most self-storage operators don’t perform credit checks on new tenants, but the coronavirus pandemic could change that. As more cities enact legislation to restrict the industry’s ability to hold lien sales and collect bad debt, it might be wise...

Self-Storage Businesses Can Overcome COVID-19 Challenges Using the Perspective of Others

Jul 10, 2020

Prolonged uncertainty due to COVID-19 creates new self-storage business challenges. Lessons can be learned and strategies gained by leaning on the perspectives of those with wisdom and experience.

Has Your Self-Storage Facility Been Nice and Quiet During COVID-19? Pests Are Loving That!

Jul 10, 2020

Pests may very well be taking advantage of the quiet and reduced foot traffic at self-storage facilities during the coronavirus pandemic. While you’re fixated on disinfecting everything to avoid COVID-19, take these steps to prevent critter...

What Should You Do About Self-Storage Tenant Delinquency? Critical Considerations During COVID-19

Jul 08, 2020

Decisions, decisions. These days, it’s more like tough decisions and tougher decisions. Since the beginning of the coronavirus pandemic, self-storage operators have grappled with how to handle tenant delinquency, but there are important legal and...

Self-Storage Talk Featured Thread: Using Online Rental Tools During COVID-19

Jul 07, 2020

While many self-storage operators have offered customers the ability to rent units online in the past, this service has seen a huge uptick in use since the coronavirus pandemic began. Online rentals not only allow new tenants to practice social...

Compass Self Storage Offers 2 New Ways to Help Customers During COVID-19

Jul 02, 2020

Compass Self Storage, a member of the Amsdell family of companies, is offering two new ways to help customers during the coronavirus pandemic. In addition to giving two months of free rent to new commercial customers for a limited time, the...

Is Your Self-Storage Business Struggling Due to COVID-19? Here Are 4 Stabilizing Solutions

Jul 01, 2020

The full impact of the coronavirus pandemic on the self-storage industry is yet to be concluded, but that shouldn’t stop owners who are struggling or worried about their financial future from doing what they can to help their business. Here are...

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