In these challenging times, even if a self-storage buyer and seller agree on the value of a facility, unless the buyer can pay cash at the agreed on price, there may be a third party to consider into the equationthe lender. There are two methods...
The current economic climate has slowed real estate transactions and caused declines in self-storage property values. Consulting a real estate expert specializing in self-storage will either set a self-storage owners mind at ease or help develop a...
Fundamentals in the national self-storage market have remained healthy compared to most other property sectors, including the retail, office and industrial sectors. But the downfall of the housing market may soften the self-storage market.
While the self-storage industry has always been touted as recession-proof or, at the very least, recession-resistant, it was put to the test in 2008. New construction and self-storage real estate slowed, but occupancy levels for most facilities...