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Self-Storage Investment Is Now A Cash Business And Fund Activity Is Soaring
Monday, February 20, 2023 - 2:46pm | 623Location and market conditions continue to drive the self-storage investment sector. Locations where housing sales have stalled have been the first to struggle with self-storage occupancy. Rising interest rates and a lack of available bank funding have also put the brakes on self-storage...
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Top US Self-Storage Properties Operator Makes Hostile $11B Offer For Life Storage: Here's The Fine Print
Monday, February 6, 2023 - 2:10am | 382Public Storage (NYSE: PSA), the largest U.S. operator of self-storage properties has come out with an $11 billion hostile bid for Life Storage Inc (NYSE: LSI) that would be an all-stock transaction. Under the terms of the proposal, which was first made privately to...
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Is Now A Good Time To Buy Shares In Extra Space Storage?
Friday, January 13, 2023 - 11:34am | 804Good dividend stocks held over a long period of time will produce strong gains for a patient investor. But if you buy a stock at the wrong time, it can be painful watching it drop 10%, 20% or more, and it takes courage to hang in there until it comes back. Many investors found this out the hard way...
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Apartment Developments Spur Self-Storage Boom
Tuesday, December 20, 2022 - 12:36pm | 700A boom in multifamily residential development over the past decade has spurred a coinciding flurry of activity in the self-storage industry. More than 3.1 million new apartments in 50-plus unit buildings were added nationally from 2012 to 2021 when deliveries hit an all-time high with 427,000 new...
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This 18.1% IRR Opportunity Isn't The Only Reason Why Self Storage is Booming
Tuesday, June 14, 2022 - 1:08pm | 1113Some of the more common commercial real estate sectors are office buildings, shopping centers and warehouses. One commercial real estate sector is often overlooked but is seeing extremely high demand: self-storage. Self-storage lets clients store their possessions in vacant units for a monthly rate...
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4 REITs To Gain Exposure To Growing Self-Storage Real Estate Market
Wednesday, June 8, 2022 - 11:04am | 898George Carlin’s classic bit about “stuff” and where to put “stuff” and the hilarity of finding places for “stuff” is what self-storage is all about. The dilemma of where to put your stuff is addressed by this market and one of the best ways to take...
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VanWest Launches Its Third Self-Storage Fund
Monday, June 6, 2022 - 11:33am | 753The real estate investment company VanWest Partners launched VanWest Storage Fund III this week, allowing accredited investors to add one of the fastest growing real estate asset classes to their portfolios. The Fund will raise $150M in equity from individual and institutional investors, with a...
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VanWest Launching Its Third Self-Storage Fund
Monday, June 6, 2022 - 11:33am | 789The real estate investment company VanWest Partners has launched VanWest Storage Fund III, allowing accredited investors to add one of the fastest growing real estate asset classes to their portfolios. The Fund will raise $150M in equity from individual and institutional investors, with a targeted...
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Self-Storage Expected To Continue Producing Strong Returns: How VanWest Is Letting Individual Investors Get In On The Action
Tuesday, April 19, 2022 - 1:33pm | 697Self-storage has been one of the top performing real estate sectors over the past 18 months, with demand outpacing supply in most of the top markets. While some investors may think they’ve missed the boat on the self-storage boom, data shows this sector is likely to continue producing strong...
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Spartan Investment Group Launches New Self-Storage Fund — Offering Individuals Access To Inflation-Resistant Asset Class
Wednesday, April 13, 2022 - 10:03am | 691The Colorado-based real estate investment firm Spartan Investment Group announced the launch of its real estate investment fund today, Spartan Storage Fund 1. The fund has a target equity raise of $150 million to fund and acquire $400 million worth of value-add self-storage facilities in the U.S....
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Capital Markets And Valuation Trends We See For Self-Storage In 2022
Wednesday, January 26, 2022 - 2:40pm | 570With 2022 off to a bang, I wanted to start out by highlighting one of the asset types that I am seeing getting an enormous amount of attention, not only from the equity side but also from the financing side. That asset would be self-storage facilities, all across the country, and for various types...
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June SPAC Merger Vote Calendar: A Look At Upcoming Votes And Stocks To Watch
Wednesday, June 2, 2021 - 5:11pm | 1567June just started and the month is already looking busy for SPAC merger votes. What Happened: After mergers for SoFi Technologies Inc (NASDAQ: SOFI) and Barkbox (NYSE: BARK) were approved in late May, investors are now turning to a new month of SPAC mergers. Several of the recently completed...
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Blackstone Agrees To Buy Simply Self Storage From Brookfield In $1.2B Deal: WSJ
Monday, October 26, 2020 - 12:07am | 372Blackstone Group Inc (NYSE: BX) has agreed to buy self-storage company Simply Self Storage from Brookfield Asset Management Inc (NYSE: BAM) for a $1.2 billion consideration, according to the Wall Street Journal. The deal reportedly involves Simply’s 8 million square-foot portfolio...
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UPS Enters The Self-Storage Market With A Different Twist
Monday, October 14, 2019 - 4:37pm | 518The $38 billion a year U.S. self-storage industry has a new player – UPS Inc. (NYSE: UPS). The transport and logistics giant unveiled on October 14 a service called "Storage on Demand," in which it will provide pick-ups and deliveries of stored goods without the customer being required to drop off...
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Here Are The Moves From Cantor Fitzgerald's 'Self-Storage Shuffle'
Monday, June 22, 2015 - 9:37am | 927On June 19, Cantor Fitzgerald analyst Gaurav Mehta published a research note, "Self Storage Shuffle: Upgrading SSS to BUY, Downgrading PSA to HOLD." Additionally, Mehta updated FFO per share and NAVs for the four largest self-storage REITs: CubeSmart (NYSE: CUBE) - Buy; $4 billion...