Financing

Financing

The Last Word: Wrenches In Construction

If you are a business owner exhausted of renting commercial real estate and considering purchasing versus renewing your lease agreement that increased substantially, you’re...

Cap Rate Compression Continues – Newmark Investors Survey Q3 2021

The self-storage asset class is now generally considered CORE or CORE+ commercial real estate, comparable to office, industrial, retail, and apartments based on robust...

Capital Markets And COVID-19: How Bad Will the Damage Be?

When asked how coronavirus was affecting the self-storage industry, Neal Gussis didn’t have to think of an answer; he had already been ill during...

Fair Assessments – How To Appeal Property Taxes

Studies have shown that property taxes are the most hated taxes in America. Why? There might be several reasons, including the question of why we...

Owner’s Alert

Undercurrents That Facilitate Optimum Asset Values A series of undercurrents influence executive decisions in the board room, especially with the myriad of asset classes and wide...

Storage CX: The Customer Experience

The Next Competitive Battlefield The self-storage customer experience is changing. You may even be wondering why it’s called customer experience and what all the hullabaloo is about....

Financing A Facility

SBA 7(a) Loan Offers Ideal Option For First-Time Self-Storage Owners When Jennifer Perkins decided to open a storage facility just west of Nashville, Tenn., she spoke with...

Let’s Make A Deal

The Cost Of Concessions The Christmas season is behind us, but some retail establishments may still be adjusting from the hustle and bustle of the most profitable...

The Descending Economy

Is Plunging Performance Problematic? At the moment, descent is not a problem. However, it is a situation most segments of the economy are beginning to...

New Year, New Concerns

Rising Interest Rates And Rougher Financing Tides Another year, another year for which to be thankful. As 2018 ends, we can be thankful the self-storage industry enjoyed...

What It’s Worth?

Determining The Real Value Of A Property Operating a self-storage business also means owning a property—a physical building where tenants rent space. After becoming established, the owner/operator...

Pawns Of Price

Stalemates In The Sales Process According to one source, there may be $400 million in self-storage properties that have sat on the sales market...

Tapered Growth

Has The Industry’s Development Cycle Passed Its Peak? The self-storage industry has been living in a fantasy world for the past few years, a kind of...

Self-Storage Franchising

Does It Work? By Marc Goodin We know franchising works for many businesses like hotels, restaurants, coffee shops, and others, because we spend our money with them on...

The Valuation Question:

Cash Flow Or Cap Rates In the commercial real estate world, most investors apply value to a property through something called the capitalization rate or, quite...

The Interest Rate Factor

Where Are Values Headed? By Dale C. Eisenman, CCIM, and Michael Morrison After a period of high transaction activity for the past few years, the market has...

Reassessments On The Rise

Could Steep Property Tax Increases Be 2018’s Most Taxing Issue? In 2018, self-storage owners and operators should be thinking about their taxes–property taxes to be...

Self-Storage & Wall Street

Cash Is Flowing! The self-storage industry presented two faces throughout 2017. On one side, there were widespread reports during the first half of the year...

Save Or Shred?

Dealing With Annoying Business-Saving Records The IRS recently reminded every self-storage facility and business about the importance of records, especially the importance of...

Capital’s Calling!

The Ins And Outs Of Joint Ventures Our technology-driven world has had far-reaching implications on real estate investments. Amazon and other online merchants have...

Influx Of Capital

A New Class Of Investors Since the Great Recession, the self-storage sector has grown by leaps and bounds. With a shortage of supply, growing populations, and...

Decelerating Performance

2018 To Bring Sustainable Growth Rates And Realistic Expectations The perception of the self-storage industry by outside investors is vastly different than that of...

Looking For Lenders

Solid Construction Financing Exists For Your Self-Storage Project Today’s self-storage facilities are more than concrete walls and steel doors; they have architectural elements and...

Realistic Projections With Proformas

The Precursor To Any New Self-Storage Build On the popular Showtime series, “Ray Donovan,” Bunchy Donovan was presented with the “perfect, no lose” business deal when...

When And How To Increase Rents

Determining Unit Pricing On A New Facility By Kerri Fivecoat-Campbell A lot of research and calculations must go into developing and opening a successful new self-storage facility....
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5 Reasons to Use Accounting Software for Your Self Storage Business

Tracking your self storage facility's cash flow can be daunting, but 64% of business owners do their own bookkeeping...

Three Considerations for Automation in Your Self-Storage Facility

“Automation” has been a buzzword in the self-storage industry for quite some time. But, with so many options out...

21 Self Storage Marketing Ideas for Owners & Operators

Self storage is a great business to be in. In fact, 2020 data shows that nearly 1 in 10...

All About Bluetooth Low Energy

Since its inception in the mid-1990s, Bluetooth technology has evolved into an effective application for use in access control security....

Why Your Self Storage Facility Needs an Integrated Payment System

Electronic Payment Options Transform the Self Storage Industry Businesses in every industry are making the move to electronic payment options,...
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