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Self Storage Industry Experts

Featured Article
Self Storage Industry Experts
What Changes Will Lead to Greater Profits? 5 Things to Consider as You Decide
If I were to say "7-11" and hypothetically give the year "1970", what you're thinking is milk and bread. Conversely, if I say Exxon with the same year, you're thinking gasoline and engine repair. Today, if I say 7-11 or Exxon (Tiger Mart) you're thinking full service convenience stores including gasoline but no service bays! ...What these points illustrate is... Read More >
 
Defeasance 101
Self Storage Expert Article
In the United States and Canada, many fixed-rate loans that encumber self-storage and other property types strictly prohibit prepayment during the term of the loan, if the lender securitized the loan (transferred it and other loans to a trust that issued bonds backed by the mortgages). However, most loan documents do allow the borrower to "defease" the loan in order to obtain an early release of the real estate collateral for a sale or refinancing... Read More >
Interviewing a Management Company? 40 Things You Really Want to Know
Self Storage Expert Article
What does a professional property management company do anyway? How can you decide which one is best for your facility in a particular market? A novice owner of a brand new facility has lots to discover. A list of questions like these may help you qualify a prospective management team... Read More >

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Vendor Spotlight:

Vendor LogoThe price of steel is the single most important factor in determining the cost of manufacturing self-storage buildings. So it follows that when steel prices escalate, the cost of self-storage components increases. Conversely, when steel prices go down, we pass the savings along to our customers...Read More >

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