Enjoy The Ride!
Editor’s Note: This editorial contribution was written and placed in the magazine before the coronavirus officially made its way to the U.S.
Remember where we were 10 years ago? In mid-2010, the country was in the worst recession since the Great Depression of the 1930s. Self-storage developers and owners were reeling. I personally had six facilities that were less than 30 percent occupied in March of 2009. Ouch! Needless to say, I had lots of tough conversations with my bankers and partners over those next three years. They were challenging times.