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Market Monitor Articles
The Value of Professional Guidance IV 2010Over 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. ...
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Third Party Management - Is It Right For Your Facility? III 2010
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....
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Is Now the Time? July 2009
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....
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