In the rapidly evolving self-storage industry, The Storage Acquisition Group is making rounds with its latest feat: the successful acquisition of Pinnacle Storage. In a press release dated January 2, 2024, the industry-leading acquisition company announces the completion of the sale, establishing another significant achievement in the sector. Located at 2365 Winterhaven Ln, Winston-Salem, North…
In a recent episode of the Multi-Housing News’ (MHN) Management Diaries podcast, veteran property manager Marc Kotler links the success of multifamily developments to astute property management. Currently helming the New Development Group at FirstService Residential, Kotler boasts an impressive 25-year industry experience. Throughout the conversation with host Denile Doyle, Kotler discusses the importance of…
CubeSmart (NYSE:CUBE), a leading real estate investment trust emphasizing self-storage facilities, recently announced its impending dividend payment of $0.51 per share, kindling interest among investors. Analyses of dividend sustainability often rely on examining dividend history, yield, and growth rates. In this vein, data presented by GuruFocus paints a holistic portrait of CubeSmart’s dividend performance. CubeSmart…
The Memphis, Tennessee-based Absolute Storage Management Inc., or simply ASM, has added a significant feather to their cap. The company has announced that it will now render professional management services for McFarland Parkway Storage, an extensive 104,920-rentable-square-foot, 825-unit facility located in Alpharetta, Georgia. Adding to their recent successful contracts, ASM also revealed their engagement with…
Regarding real estate investment in the self-storage industry, very few hold the kind of expertise and experience that Milburn Stevens has managed to garner. An esteemed Investment Advisor at Calvary Realty, Stevens has spent the last 23 years specializing in selling multi-family properties, land, a long with office and retail leasing focusing particularly on the…
From List Self-Storage Market, the original blog post provides a detailed market analysis of the self-storage industry in Sunrise, FL. The report touches upon the present supply scenario, where this market has a 2.97 square feet per capita supply compared to Florida’s average of 9.21 square feet per capita. The post observes the current operations…
In the vast expanse of Texas, the demand for credible, efficient, and hassle-free storage services is formidable. A recent blog post on Toy Storage Nation spotlighted a rising star in the Texas storage industry: Blue Mound 287 Self Storage. The blog illuminated how this facility is swiftly becoming a preferred choice for locals in Dallas-Fort…
Neal Gussis, a well-respected financier and loan expert in the self-storage real estate industry, has been named the executive director of capital markets for the newly launched division, SPMI Capital, of Strat Property Management Inc. (SPMI). This significant development, covered by “Inside Self-Storage” and authored by their staff writer, underscores the dynamic growth driven by…
Live Oak Bank, a digital, cloud-based platform serving small businesses in all 50 states, has promoted Anne Mino to Senior Loan Officer for the Self-Storage Lending Team. This update comes directly from Toy Storage Nation, a trusted industry source for self-storage news. Anne Mino, celebrated for her extensive understanding of the sector and specialized expertise…
In a comprehensive blog post on Inside Self Storage, Sarah McDougall, a Business Development Consultant at QuikStor Security and Software, provides a closer look at the advanced security technologies seen in modern self-storage facilities. Her professional insights underscore the sophisticated approach in the industry, where operators focus on more than just theft prevention, encompassing data…
