Surfing the Wave of Self-Storage Transactions: Hang Ten or Wipe Out? Hello, fellow storage enthusiasts. Eric Manning here with a review of a blog post that caught my eye recently. Penned by the wordsmiths over at List Self-Storage, this post delves into the gritty details of recent self-storage deals. But is it worth your precious…
April 9, 2024 – Glendale, California – Public Storage has announced a significant financial move involving the issuance of $1 billion in senior notes through its subsidiary, Public Storage Operating Company (PSOC). But what does this mean for the average person? Let’s break it down. What’s Happening? Public Storage is borrowing $1 billion from investors…
In a recent update from the self-storage industry, SmartStop Self Storage REIT, Inc. announced that their CEO and Chairman, H. Michael Schwartz, will moderate the Capital Markets Panel at the NYSSA Investment Forum in New York City. This prestigious role at the forum underlines the significant influence SmartStop continues to wield in the self-storage sector….
Do We Need a Timeout? The Potential Risk of Oversaturating the Self-Storage Market You’ve probably been cackling with glee as your investments skyrocketed through the pandemic. Let’s get one thing straight – when the going gets tough, the tough get storing! But someone had to burst the bubble, didn’t they? And who better than Frank…
The world of self-storage is a needs-based market, and with many prospective customers inclined to shop around, the competition can be fierce. In today’s abundant market with many facilities available, each offering a variety of unit sizes, rental pricing, and amenities, ensuring that prospects rent from your storage facility over a competitor’s can be challenging….
News from across the pond Hello, fellow self-storage nuts! I’ve just stumbled across a rather intriguing blog post by Rennie Schafer, the downright honorable CEO of the Federation of European Self Storage Associations and Self Storage Association of the United Kingdom and and ever had a burning desire to know everything about the European self-storage…
In a groundbreaking move, U-Haul, the industry leader in do-it-yourself moving and self-storage, has announced its plans to open a colossal self-storage facility on an eight-acre site in Princeton, Texas, a region located northeast of Dallas. The news of the expanding footprint of U-Haul in this area was first reported by industry insiders List Self…
Gelt’s Strategic Mastery in Self-Storage: A Real Estate Symphony In the high-stakes real estate game, the big fish often eat the little ones for breakfast and then some for lunch. In a recent buzzing tweet in the industry, Keith Wasserman, Gelt Inc.’s Grandmaster of the real estate chessboard, announced the company’s latest strategic maneuver —…
As seen on PRNewswire, Storage Units Capital, a self-storage real estate investment firm, recently announced the grand opening of its latest self-storage property in Ocoee’s Orlando suburb. This endeavor reflects the firm’s commitment to developing superior, high-tech storage solutions. The distinctive property, offering 79,605 usable square feet and 766 units, also includes 30,000 square feet…
Mastering Twitter in 2024: Revisiting the Basics It’s laughable that in 2024, we still need to revisit these fundamental principles of social media marketing. The rules haven’t changed in over a decade, yet many still falter. Here, we dissect a recent Twitter post from Storage Asset Management (SAM) and provide a blueprint for crafting engaging…