Self Storage Real Estate Articles

Stage now for selling in the New Year

by Mark Lusky

Getting homes readied for sale often means staging them for maximum buyer interest. This ranges from formal staging of homes to seller do-it-yourself efforts to tidy up and enliven their properties. While real estate agents can work with sellers to help them accomplish varying degrees of home-sale readiness, you can augment seller awareness and knowledge while boosting your on-site traffic and hopefully revenues. Start a "home staging center" at your facility this winter-and start building now for the spring selling season.

Want to sell self-storage units?

by Mark Lusky

Self-storage is no longer limited to rentals. Along with development of higher-end properties for specialized storage, office/warehouse use and home-away-from-home options such as man caves, some owner/operators are selling units.

So micro-dwellers, where are you going to store your stuff?

by Mark Lusky

The Today Show recently aired a segment about New York micro-living. Profiling units as small as 250 square feet, the report examined ways to multipurpose: "Fold-away beds, moveable walls, and coffee tables that expand to seat 10 for dinner are just a few of the clever touches that transform these shoe boxes into veritable mini-mansions...'The main idea is to get double, triple, quadruple use from every space,' Graham Hill, founder of the sustainable living site TreeHugger.com and the design company Life Edited [said]."

President and Founder, Vertical Consultants

by Hugh Odom

Hugh Odom reveals what you should know and consider when approached by a company to buy your cell tower lease.

Raising Rents: Determining Your Best Strategy

by Mel Holsinger

It's time for some good news! As the economy slowly improves, we have observed an increase in rental rates and occupancy of self storage properties around the country.

A Note to Buyers and Sellers: These May Be the Best of Times!

by Ben Vestal

Typically, a real estate transaction can be described as "one party's gain is another party's loss." There is, however, a very unusual situation that exists where both buyer and seller can win in a transaction. Today, the current economic climate makes this traditional confrontation more accommodating so that both buyer and seller can achieve their goals in a sales transaction without hurting the other party's position.

Why Do I Need a Mortgage Broker?

by Anita Huedepohl

Over the years, I have received countless calls from commercial property owners and potential investors all asking the same question... "Why do I need a mortgage broker? Aren't you a direct lender?"...and so on. Although we have strong correspondent lending relationships with many financial institutions, we also offer many other diverse property programs not covered by a "one size fits all" approach used by many local banks.

Finding a Management Company

by Matthew Van Horn

With reasonable interest rates and quality returns, the self storage industry has become an intriguing real estate investment. The lure of these returns has spawned a new generation of self storage owners. With the emergence of this remodeled industry the question becomes "what is the best way to manage this new self storage asset?"

2011 Outlook: Self Storage Investment and Financing Management

by Bruce Bahrmasel and Neal Gussis

As we enter 2011 we are settling into what everyone has been referring to as the "new reality" of the real estate market. Gone are the days of 7% cap rates and we are now learning the new rules of self storage financing. I have asked two industry veterans and self storage owners to share their thoughts on ways self storage owners can capitalize on today's market conditions and what they have been doing to maximize and protect their investments.

Are We Back at the Top Again?
Only if you have the right property

by Ben Vestal

As we settle in to 2011, it is clear that self-storage values are rebounding along with the values of all other commercial real estate.

5 Things to Consider When Selling Your Property

by Ben Vestal

It has been a long time coming, but we are beginning to see transaction volume increase as the overall value of self storage properties has returned to a respectful level where both buyers and sellers are agreeing on a fair price. As the market continues to improve, the prospect of selling your facility may become a more feasible option and it is important to make sure you are fully prepared.

The Changing of the Seasons...and the Real Estate Market?

by Ben Vestal

In the last issue of the Market Monitor I described what I believe to be an improved real estate investment market for self storage properties. You might recall that we are seeing a substantial bifurcation in the market, where large properties and portfolios are demanding a premium to smaller, one-off self storage properties. There are some very good opportunities that have been popping up over the last 6 months but I am here to tell you that these favorable conditions won't last.

Self Storage Real Estate: A Mid-Year Review

by Ben Vestal

Looking back at the first six months of 2010, there is no doubt that real estate transaction volume has improved significantly compared to most of 2009. This is largely due to an adjustment in the two most critical factors that affect confidence; fear and greed. Over the last six months we have seen a much improved attitude toward acquisitions and most self storage professionals are feeling more confident in their ability to perform as the shock of the GREAT RECESSION is starting to wear off.

It's Time to Understand Your Objectives

by Argus Self Storage Sales Network

Self storage is no longer a sleepy little industry that goes unnoticed. Therefore, it is important that you manage your objectives and understand how to execute them in order to maximize your investment. Below I have outlined three possible situations that you might find yourself in and some things to consider as you start to understand your objectives.

Is Now the Time?

by Argus Self Storage Sales Network

Now more than ever may be the best time to capitalize on this turbulent real estate market! Don't miss Mike McCune's latest article where he explains the steps you can take to be a successful buyer!

An Open Letter: This is Different!

by Argus Self Storage Sales Network

Does the current economic crisis have you wondering about your options as a self storage owner? You won't want to miss this article as it explains steps that you can take to evaluate your position and weather the turmoil. Taking thoughtful action now can help put you in a proactive, rather than reactive, position!

A Look at the New Year!

by Argus Self Storage Sales Network

As 2009 begins, we try to gain a little perspective on the previous year and the current state of the market. While things may seem dismal, there is some optimism that can be found in the self storage industry. Read the full article to find out!

Predator, Prey or Unaware?

by Argus Self Storage Sales Network

The economic environment of the last several months has been devastating not only to the stock market but also to the commercial real estate market. In fact, the problem is even more intensified in the real estate world because not only have prices dramatically fallen, but there are virtually no economically viable loans available to owners who want to refinance or for purchasers of properties.

Just the Doldrums? Time to get your compass out!

by Argus Self Storage Sales Network

The doldrums are certainly present in today's real estate markets, including self storage. The winds are quiet. Sellers are hoping to get yesterday's prices and most of the very aggressive buyers of a year ago are long gone. The remaining buyers tend to be very experienced self storage owners and they are being very cautious.

A Checkup You Can't Afford to Miss

by Argus Self Storage Sales Network

No doubt you've heard that "an ounce of prevention is worth a pound of cure" and that "an apple a day keeps the doctor away." While these cliches strike a chord when thinking about our physical health, I propose that applying the same concepts to your business will help keep your storage facility running smoothly for years to come. In these uncertain economic times, a facility checkup is a crucial exercise to ensure a healthy future for your business.

A New Reality

by Argus Self Storage Sales Network

Like many of you, I have been watching the stock market closely in recent weeks as uncertainty surrounds the new financial "bailout" legislation. I'm still not sure if it is a good idea or a bad idea, but I am concerned about the stock market and that loans are as tough to find as ice cubes in the dessert. After thirty seven years in the real estate business I thought I had seen everything that a market could throw at us, but this time they have thrown everything at once!

Inflation: Friend or Foe?

by Argus Self Storage Sales Network

Many of you have seen the latest reports on increasing inflation in today's economy. Inflation is the scourge of savers, diminishing the value of nest eggs and retirement accounts. Among other things, inflation is the result of a "cheap money" policy (very low interest rates) through the political inducement of major investment banks to keep those rates low so their extreme leverage will be inexpensive and they can magnify their profits. Whatever the causes of inflation, the results are devastating for most Americans, as it is difficult to find a way to protect oneself against inflation's ravages.

Are These Good Times? - Maybe, If You Are a Buyer!

by Argus Self Storage Sales Network

Cap rates are up, prices are down, interest rates are just a little higher, competition is down and best of all, Cash on Cash returns - the Holy Grail of investing, are up!

Are These Good Times? - Maybe, If You Are a Buyer!

by Argus Self Storage Sales Network

Cap rates are up, prices are down, interest rates are just a little higher, competition is down and best of all, Cash on Cash returns - the Holy Grail of investing, are up!

Broker Roundtable: Northeast States

by Argus Self Storage Sales Network

The "credit crunch" is quite real and still has a long way to play out. While the residential loans have been clobbered, the commercial loans appear to be holding up well. However, a recession could negatively impact rents and occupancies. Given the loose underwriting of many recent commercial loans there is certainly a possibility for the infection to spread. Luckily, self storage has the lowest default rate of any real estate class and most of the facilities we see are moderately leveraged.

The Times Have Changed

by Argus Self Storage Sales Network

The Big Picture
Yes, there is a new sheriff in town! It is now abundantly clear that the so-called sub-prime mortgage debacle may be just the tip of the iceberg of the problems in the modern finance markets. Easy to obtain, cheap credit is the great lubricant that makes the engines of commerce really hum. Unfortunately the "easy to obtain" and "cheap" characteristics are the part of the formula that ultimately cause the credit system to break down. Credit availability is largely a function of the lender's confidence that they will be paid back with reasonable interest. Unfortunately, there are fewer institutions, or individuals, that find they have enough confidence in borrowers to lend money without what would have been significantly excessive guarantees or collateral just six months ago.

Self Storage Real Estate - A View From My Perch

by Argus Self Storage Sales Network

The first month of 2008 has been beset by significant financial and political "rock and roll." If you are like me, much of it doesn't seem to fit into a neat package that helps to clarify what the rest of the year will bring. However, if you will indulge me, I will give you two thoughts on the self storage real estate market that will hopefully provide some perspective for you to consider.

Investor Demand - Desire to Acquire and Ability to Pay

by Argus Self Storage Sales Network

Tenant Demand and Investor Demand are both changing for the first time in the history of the self-storage industry thanks to the level of supply of space and the recent softening in operating performance. The level of supply of space, particularly for Class B and C facilities, means tenants have more choices as to where to store their goods, as well as the type of facility they chose to store them in. Changes in investor demand reflects the more recent softening in operating performances and the changes in the capital markets that impacts the leveraged investor's ability to pay.

Cap Rates and Sales Prices

by Argus Self Storage Sales Network

In the business of buying and selling self storage facilities around the country, the discussion with both buyers and seller always ends with cap rates. Unfortunately, most people don't understand all of the ramifications of this simple sounding number.

Technology and Your Facilities Value

by Argus Self Storage Sales Network

After over 30 years in the real estate business, I am continually surprised at the advancements in technology that help us do business, and the Internet is no exception. We all know about the importance of having a presence on the Internet for our businesses, but there is one principle concern that is always foremost in my mind - what is a property worth and why? Computers and the Internet allow us to make all kinds of calculations and comparisons to arrive at values. The technology also lets us analyze the information to really understand from where the values are derived. More importantly, I have learned that computer technology can create and destroy the value of a self storage facility. This has happened while many were sitting on the sidelines, unaware of the trends and what is becoming a significant change in marketing strategy within the self storage industry.

Commercial Real Estate Capital Update

by Argus Self Storage Sales Network

The availability of commercial real estate debt has increased significantly in 2010 compared to 2009 and this trend will continue through the year. Most life companies, having spent the better part of last year focusing on asset management and potential loss reserves, have allocated more funds to commercial mortgage origination due to attractive debt yields. Although a few large life companies are still on the sidelines, most will return to new lending activities by year end and will be a good source of financing.

Just the Doldrums? Time to Get Your Compass Out!

by Argus Self Storage Sales Network

The doldrums are certainly present in today's real estate markets, including self storage. The winds are quiet. Sellers are hoping to get yesterday's prices and most of the very aggressive buyers of a year ago are long gone.

A Checkup You Can't Afford to Miss

by Argus Self Storage Sales Network

Do you want to assess the current health of you self storage facility? Looking for and evaluating certain symptoms now will help you take the actions needed to prevent problems down the road.

The Times Have Changed

by Argus Self Storage Sales Network

It is now abundantly clear that the so-called sub-prime mortgage debacle may be just the tip of the iceberg of the problems in the modern finance markets. Easy to obtain, cheap credit is the great lubricant that makes the engines of commerce really hum. Unfortunately the "easy to obtain" and "cheap" characteristics are the part of the formula that ultimately cause the credit system to break down.

Self Storage Real Estate: A View From My Perch

by Argus Self Storage Sales Network

The first month of 2008 has been beset by significant financial and political "rock and roll." If you are like me, much of it doesn't seem to fit into a neat package that helps to clarify what the rest of the year will bring. However, if you will indulge me, I will give you two thoughts on the self storage real estate market that will hopefully provide some perspective for you to consider.

Investor Demand - Desire to Acquire and Ability to Pay

by Argus Self Storage Sales Network

Ray Wilson of Integra Realty Resources-Metro, the nation's largest national valuation and consulting firm, contributed his insight to this issue of the Market Monitor. Check out his article on the Impact of Class Distinction, Operating Performance and the Capital Markets.

Time to Let Our Clients Brag

by Argus Self Storage Sales Network

Argus is a confederation of well over seventy five people engaged in helping self storage owners sell and buy self storage properties across America, from Missoula, Montana to Miami Florida. It is time to recognize the achievements of our Broker Affiliates and their respective staffs.

Have You Found Your Chair Yet?

by Argus Self Storage Sales Network

For the last several months we have been talking about the uncertainty in the real estate markets. In this high-stakes game of musical chairs, NOW is the time to find a chair before the music stops, bringing to an end high real estate prices and easy financing.

A Tale of Two Markets - The REITS and the Rest of Us

by Argus Self Storage Sales Network

Here is some insight and perspective on what has happened with the major Self Storage REITs over the past several months.

Change Is In The Air

by Argus Self Storage Sales Network

Steve Clifford, Assistant Vice President and Steve Bye, Executive Vice President/Senior Managing Director of Northmarq Capital provide in this article a summary of recent changes in the commercial real estate lending market

Watching Your Pennies Will Make You Dollars

by Argus Self Storage Sales Network

Ben Vestal, Executive Vice President of Argus, discusses how you can increase the value of your asset by controlling your facility's operating expenses.

The Art of Self Storage Arbitrage

by Argus Self Storage Sales Network

The term arbitrage means that an investor can take advantage of some pricing or other discrepancies in the marketplace. For example, if a stock were selling on the London Exchange for $50 and on the New York Exchange for $55 it would become clear that you should buy in London and sell at the same time in New York. Do it once and you are entitled to call yourself an Arbitrageur (even though it sounds French, don't let it go to your head). Now that you are a certified Arbitrageur, how can we make arbitrage work for us in the self storage markets?

Why in the World Would You Pay Somebody to Sell Your Facility?

by Argus Self Storage Sales Network

It is clear that many experienced and inexperienced buyers use brokers when selling their properties, but we feel that it is important for you to know how an Argus broker can help you in buying or selling a property.

Self Storage 2007: A Market Overview

by Argus Self Storage Sales Network

The Marketing Solution You've Been Waiting For!

by SelfStorage.com

Learn about the benefits of listing your facility on the industry's leading self storage real estate website, SelfStorage.com

New Jersey Carries the Water on Sales Taxes

by Argus Self Storage Sales Network

Find out what a sales tax on your facility does for you and your business

Overbuilding - Is It Happening to You?

by Argus Self Storage Sales Network

Overbuilding is a critical issue facing the self storage industry. We hope this article will help you recognize the potential consequences of overbuilding in your market and the steps you can take to protect your business.

Should You Be a Seller? Are You a Seller?

by Argus Self Storage Sales Network

With almost 40,000 self storage facilities around the country, there is bound to be an owner who is contemplating parting with their beloved facility each and every day. However, we have found that there is a material difference in "thinking about selling" and becoming an actual seller. Read on to find out if you're a seller!

Second Thoughts about Tax Deferred Exchanges

by Argus Self Storage Sales Network

Is a tax deferred exchange a smart move? After you read Mike McCune's analysis and comments regarding 1031 exchanges, you may have second thoughts about the value of 1031 exchanges.

A Real Estate Paradox - Everyone is Happy, for Now!

by Argus Self Storage Sales Network

Never before have prices been higher for self storage properties - either in absolute dollars or in relation to the income they produce. This is almost exclusively the result of the lowest interest rates in 45 years.

The Two Telling Tools: An Insight to Feasibility Studies

by Argus Self Storage Sales Network

In this article, Mike McCune discusses the value and nature of RCFA's (Rational and Critical Feasibility Analysis)

Sales Tax Revisited- Is it Still a Double Demon?

by Argus Self Storage Sales Network

There are many states in the nation where sales tax is being charged on self storage. In this article Mike McCune revisits the topic of sales tax and renews his 'call to arms' by the National Self Storage Associations to fight this issue.

While You Were Napping...You may not have noticed the best three years in the self storage industry!

by Argus Self Storage Sales Network

You may not have noticed the best three years in the self storage business! You didn't have to raise any rents, lower any expenses or even increase your occupancy - and you made a lot of money over the last three years or so. Read more!

The End of an Era-Very Serious Business! (Cap Rates & Interest Rates)

by Argus Self Storage Sales Network

The era of low interest rates is at an end. Find out what this means for self storage

Think You Can Outrun the Technology Wave? Think Again.

by Argus Self Storage Sales Network

This article discussing how you can utilize the internet to boost your business!!!

What Would You Do With $86,000 Of Additional Cash Flow? (A Cost Segregation Case Study)

by Argus Self Storage Sales Network

We are always pleased to pass along good ideas for helping owners keep more of their hard-earned money by taking advantage of the new tax laws. We first visited with Mark de Stefanis a couple of years ago and thought we should take another look to see what is happening in this area of tax savings. Mark has consented to write this fine, clear overview and example. Read More!

Cap Rate Trends and Interest Rates

by Argus Self Storage Sales Network

In this article, Chris Sonne, MAI offers up more information on understanding the relationship between cap rates and interest rates.

The Tipping Point (Self Storage Market/ Overbuilding)

by Argus Self Storage Sales Network

In this article, Mike McCune discusses what can happen to a market in which the unlimited demand for self storage facilities comes to an end

These Extraordinary Times (Time to sell, buy, refinance)

by Argus Self Storage Sales Network

What You Don't Know Can Hurt You!

by Argus Self Storage Sales Network

What does overbuilding do to your market? Read on!

Now That We Have

by Argus Self Storage Sales Network

After reviewing the 2008 and first quarter 2009 reports for the self storage REITs as well as a survey of many of our clients, the basic self storage business of renting units is, in my estimation, doing pretty well considering the draconian economic climate! Most of the REITs were very close to, or even in some cases, a little ahead of the game as to both revenue and NOI for the first quarter of 2009.

Welcome to the "Argus University of Value"

by Argus Self Storage Sales Network

Fractional Interest 1031 Tax-Deferred Exchanges

by Argus Self Storage Sales Network

Do 1031 exchanges make selling real estate property more attractive?

A Small Problem for the Industry Might Be a Big Problem for You!

by Argus Self Storage Sales Network

The Worm Has Turned-Let's Just Hope It Is Slow

by Argus Self Storage Sales Network

This is an article dedicated to interest rates..

The New Tax Laws-A Time to Sell? (Only if you are a seller!)

by Argus Self Storage Sales Network

An Accountant + An Engineer = More Cash Flow!

by Argus Self Storage Sales Network

Overbuilding...Too Much of a Good Thing?

by Argus Self Storage Sales Network

The Double Whammy!

by Argus Self Storage Sales Network

Your competition just raised your taxes and reduced your facility's value. Read more about property taxes and valuation

Sales Tax: A Double Demon

by Argus Self Storage Sales Network

This is an article about the impact of sales tax on self storage rentals

The Anatomy of a Deal

by Argus Self Storage Sales Network

Read more about the inner workings of getting a real estate deal completed

Valuation of Self Storage Facilities

by Argus Self Storage Sales Network

Deferred Exchanges: An Additional Perspective; Don't Let the Tail Wag the Dog!

by Argus Self Storage Sales Network

The Greatest Financing in Forty Years

by Argus Self Storage Sales Network

This article discusses how you can develop a smart and effective financing strategy

The Taxman Cometh

by Argus Self Storage Sales Network

This article discusses a few ways to defer or moderate your taxes

The Internet as a Marketing Tool for Self Storage

by Argus Self Storage Sales Network

It is the best of Times and the Best of Times

by Argus Self Storage Sales Network

A note to buyers and sellers. Is it a good time to buy or sell?

Cross Checking Values and Replacement Costs

by Argus Self Storage Sales Network

A Few More Thoughts on Selling a Property

by Argus Self Storage Sales Network

A Few Thoughts on Selling a Property

by Argus Self Storage Sales Network

The Lowdown on Recession and Self Storage

by Argus Self Storage Sales Network

Quality Counts!

by Argus Self Storage Sales Network

Mirror Mirror on the Wall

by Argus Self Storage Sales Network

Is It Time to Take Some Chips off the Table?

by Argus Self Storage Sales Network

In these difficult times, many self-storage owners are giving some thought to selling their property rather than waiting out the market. If you 'really are a seller' Mike McCune has outlined some important considerations to think about

Predator, Prey or Unaware? Which One are You?

by Argus Self Storage Sales Network

The economic environment of the last several months has been devastating not only to the stock market but also to the commercial real estate market. In fact, the problem is even more intensified in the real estate world because not only have prices dramatically fallen, but there are virtually no economically viable loans available to owners who want to refinance or for purchasers of properties.

Broker Roundtable: The Northeast States

by Argus Self Storage Sales Network

Broker Roundtable: The Southeast States

by Argus Self Storage Sales Network

An Open Letter: This is Different!

by Argus Self Storage Sales Network

Mike McCune writes this letter to give you his absolutely unvarnished thoughts on today's real estate market and what he believes are an owner's options in this market.

Broker Roundtable: The North Central States

by Argus Self Storage Sales Network

Is Now the Time?

by Argus Self Storage Sales Network

In our previous column, I described the economic terrain for those that presently own a storage facility in an effort to help owners be aware of the rocks in the landscape that appear in such lousy real estate markets. However, there is a different view of this market and that is of the potential buyer seeking to take advantage of the highest returns we've seen in years.

A Look In the Mirror

by Argus Self Storage Sales Network

Given the obvious gravity of today's real estate circumstances, I thought it might be useful to revisit a theme in a previous Market Monitor we explored in early 2008. At that time, I introduced two very helpful tools; one to estimate the current value of your property and the other to help evaluate the competitiveness of your property.

Summer is Almost Over...But What About the Recession?

by Argus Self Storage Sales Network

Though it seems like the state of the economy is improving slowly, the same thing cannot be said about the state of commercial real estate (CRE). In this article, Mike McCune discusses the issues surrounding CRE but sheds some positive light on where self-storage owners stand amid the gloom.

It's the 21st Century!

by Argus Self Storage Sales Network

In the past, the marketing strategy for the self-storage industry has consisted of a sign, a listing in the Yellow Pages and a friendly, yet often lonely, manager behind the desk. This strategy worked just fine for a long time. In fact, there is an entire industry to prove that it worked just fine until bam! It all changed!

A Look in the Mirror

by Argus Self Storage Sales Network

Today’s real estate markets, including self storage, are very slow. Sellers are hoping to get yesterday’s prices and most of the very aggressive buyers of a year ago are long gone. The remaining buyers tend to be very experienced self storage owners and they are being very cautious. Thus the market for buying and selling self storage is slower and a lot more difficult these days. How long will it last? The fact that $1.6 trillion of CMBS loans are due to expire in the next five years may help define the period. History tells us that real estate cycles are almost always longer than we expect, and the normal cycles are usually about three years depending on the location. However, brutal experience reminds me that they can last much longer.

FBI Alert for Self Storage Facilities

by Argus Self Storage Sales Network

Due to the recent arrests of suspected terrorists in Colorado and New York, we would like to alert managers and owners of storage facilities. The following factors by themselves are not indicators of terrorism or criminal activity, but multiple indicators combined with other factors can suggest a terrorist threat.

Want to Borrow Money from the Government Cheaper than Goldman Sachs?

by Argus Self Storage Sales Network

As we get ready to close the book on another year, self storage owners may want to consider some of the tax advantages that can be realized using cost segregation and the recent changes to the regulations allowing net operating losses to be carried for up to five years. Under the new regulations, if you have paid taxes over the last few years and are now in a situation of operating at a net loss you can apply this year’s losses back five years. You may also want to consider using cost segregation to increase net operating loss and gain the tax advantage

Self Storage Owners Have A Lot to be Thankful For

by Argus Self Storage Sales Network

It has no doubt been a terrible year for commercial real estate, but as a wise man once said "there must be a pony in here somewhere." Sure enough, there is a pony in there and it is self storage properties. While self storage has not been entirely immune from the effects of the recession, the colossal devastation that has visited other types of real estate has been less damaging for self storage properties. This isn’t because of luck; it is because of natural, positive differences in the way that self storage works as a business.

It's Time to Take a Deep Breath

by Argus Self Storage Sales Network

The holidays are upon us and as we get ready to close the books on another year, self storage owners and operators should all take a deep breath. The self storage industry has been the shining star in commercial real estate and we are starting to see signs of improvement in the overall economy.

Oh, How Times Have Changed!

by Argus Self Storage Sales Network

Over the last 12 months, the blues have certainly been present in the real estate market, and this includes self storage. Many self storage owners have seen occupancies and revenues decline, and in some cases, the value of their facility has declined by as much as 30% to 40%. This has largely been caused by the overwhelming breakdown of the credit markets and investor confidence

A 2010 Facility Checkup May Be the Most Important in Years!

by Argus Self Storage Sales Network

With the flow of both equity and debt having dramatically decreased in recent years and self storage continuing to perform respectfully, watching your pennies will truly make you dollars in today's market!

Third Party Management - Is It Right For Your Facility?

by Argus Self Storage Sales Network

Spring is here and what better time to review the operations of your facility, make that capital improvement you have been putting off or overhaul the marketing plan that has been in place for the last few years? I have recently been reviewing monthly management reports and rolling 12 month operating statements and it has occurred to me that several large operators and other self storage professionals are now clamoring for management business due to the tightening economy.

The Value of Professional Guidance

by Argus Self Storage Sales Network

Over the last two years, we have seen real estate transactions become increasingly complex and difficult to complete due to the cautious nature of buyers and, more importantly, the exceptionally cautious nature of the lending institutions. In that light, I thought that it would be helpful to explain what a real estate broker does and why we get paid to help our clients buy and sell self storage facilities.

Commercial Real Estate Capital Update

by Argus Self Storage Sales Network

The availability of commercial real estate debt has increased significantly in 2010 compared to 2009 and this trend will continue through the year. Most life companies, having spent the better part of last year focusing on asset management and potential loss reserves, have allocated more funds to commercial mortgage origination due to attractive debt yields. Although a few large life companies are still on the sidelines, most will return to new lending activities by year end and will be a good source of financing.

Self Storage Finally Gets Some Respect

by Argus Self Storage Sales Network

Over the years, the perceptions about self storage have changed. In this article, Mike McCune discusses why self storage may just be the best real estate investment around!

Welcome to the spot for real estate articles for self storage owners. If you own a self storage facility and are looking for real estate tips and advice browse the articles above. You will find articles from the top real estate vendors in the self storage industry.

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