"America's Premier
Self Storage Brokers"
June 2007
1-800-55-STORE
www.SelfStorage.com
Argus Sales Property Pick New Listings Argus News Financing Focus Vendor View Industry Insights Upcoming Events
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"America's Premier June 2007 |
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1-800-55-STORE www.SelfStorage.com |
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Argus Sales Property Pick New Listings Argus News Financing Focus Vendor View Industry Insights Upcoming Events |
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You probably haven't given
much thought lately to the commercial real estate lending market, but in
recent months, some very substantial changes have taken place that could
have an impact on your investment decisions. The experts at
NorthMarq Capital have written a special article for the
Market Monitor this
month detailing the recent changes in the CMBS market and the potential
impacts those changes may have on self storage owners and their loans.
Whether you're thinking about selling, refinancing, or just planning for
the future, this is information you can't afford to miss!
Read Full Article. Amy Amy Hitchingham is Vice President of the Argus Self Storage Sales Network. She can be reached at 303-317-4232 or via e-mail at amy@argus-realestate.com.
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We offer a low cost solution to your online advertising
needs. |
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To view information on all of our nationwide self storage listings Click Here
Odessa, TX
For more information on this
opportunity, by
Steve Clifford Heading into the end of June, interest rate volatility continues with the 10 Year Treasury yield of 5.10% roughly 16 basis points below its 12 month high of 5.26% (6/12/07) reached on June 12, 2007 and approximately 60 basis points higher than the 12 month low achieved in February 2007. Looking forward, many industry experts anticipate that the benchmark 10 year treasury yield will continue to inch higher as investors choose to invest in shorter term options during this period of volatility. Of interest to self storage investors, we have recently been informed that self storage is one of the most favored asset types by CMBS lenders. Multiple factors contribute to the favorable status of self storage including:
The net result of the above is that CMBS lenders are able to price and size self storage transactions similar to traditional asset classes (office, retail, etc.) leading to more favorable terms for the borrower relative to pricing available in the past. NorthMarq Capital, Inc., a national real estate investment banker headquartered in Minneapolis with 28 regional offices coast-to-coast, provides commercial real estate debt and equity financing and commercial loan servicing. NorthMarq Capital provides more than $13 billion in annual production volume and services a loan portfolio of more than $34 billion. NorthMarq also provides real estate investment consulting services for public and private clients nationally through its consulting group, NorthMarq Advisors, LLC. Steve Clifford, Assistant Vice President, can be reached at 303-225-2100. For more information, visit www.northmarq.com.
Argus is proud to welcome our new Broker Affiliates to the
Pat Jordan, CCIM
of Jordan Realty, Inc., is located in Minneapolis, MN and will represent
Argus in
Charlie Hill, of RE/MAX Advantage
in Kalamazoo, MI joins Argus as our representative in the state of
Allen Blanchard, CCIM has been involved in the Arizona commercial real estate market
for over 29
Extra Space to buy 13 AAAAA facilities
AMERCO Reports Fiscal 2007 Financial Results
U-Store-It Declares Second Quarter 2007 Dividend
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Argus Sales
The Argus Self Storage Sales Network
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Inside Self Storage visit www.insideselfstorage.com/expo for more information
California Self Storage
Association
Northern Area Meeting
Southern Area Meeting visit www.cssaweb.com for more information
Self Storage Association visit www.selfstorage.org for more information
List
your event for free...
r r r Subscribe Today to the Market Monitor Print Newsletter!
Make sure you stay on top of industry trends, self storage real estate opportunities and great events with this free must-read publication. The Market Monitor is mailed 10 times per year and arrives full of great information for your self storage business whether you are a current owner or a prospective buyer/developer.
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Minnesota
and South Dakota. Pat has an extensive commercial real estate background
specializing in self-storage, self-storage
development, land development, office, retail and apartment investments
and renovations. She also has experience with 1031 exchanges. Pat
can be reached at 612-827-3844.
Michigan.
Charlie has been in real estate since 1994 and has also been a developer,
builder and business owner. Charlie works with commercial clients in
investment, development, commercial and industrial properties. He can be
reached at 269-375-9000.
years and will represent Argus in Arizona. He has earned the CCIM
designation and is actively involved in the Central Arizona CCIM chapter.
Allen is an associate broker with Realty Executives where he was recently
recognized for 15 years of outstanding sales achievements. Allen can be
reached at 888-669-4321.
