If you own a self-storage business, you may be thinking about selling, as today’s climate offers favorable returns. Alternatively, you could consider a cash-out refinance through a commercial mortgage-backed securities loan. Read pros and cons of...
Update 6/29/22 – Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of additional activity happening in June 2022...
A capitalization rate isn’t some arbitrary metric used by investors to drive a real estate bargain. It’s a solid indicator of risk and expected rate of return based on several factors. Read what it is and how it’s used to help determine self...
Update 5/19/22 – The Bellevue Road self-storage facility in Newark, Delaware, acquired by Strategic Storage Trust VI Inc. (SST VI) was branded under real estate investment trust (REIT) CubeSmart. The property in the Diamond State Industrial Park...
It’s no secret that self-storage is a desirable investment, but why has there been so much focus on secondary and tertiary markets? Let’s examine the factors that have created hot market conditions and how buyers and sellers can strategically...
Update 5/16/22 – Ferber Co. held a groundbreaking ceremony on May 12 for its mixed-use project in Pembroke Park, Florida. The self-storage facility will be operated by industry real estate investment trust Extra Space Storage Inc. and branded...
If you own a self-storage facility, you’ve likely been fielding unsolicited calls from potential buyers. While these offers might sound great, you could be losing money when they’re completed off-market. Find out why they can be risky and advice...
Investors are clamoring to get into the self-storage business, and many independent facility owners are fielding unsolicited inquiries from potential buyers. Should you hold or sell your asset? Here are some considerations from a fellow operator.
Update 4/22/21 – Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of additional activity happening in April 2022...
Self-storage investors often get so excited about the prospect of entering their new ventures that they overlook planning their eventual exit. The fact is the way you leave an investment is a critical component to financial success and should be...