This entry treats self-storage at capital scale: deploying significant capital into storage facility development, acquisition, and portfolio aggregation, often through funds or large operating platforms, to earn returns from the storage income and the increased value of the portfolio.
Log in to followSmall win, beginner-sized, but it's the first time in a year of poking at this that I did something deliberate and it worked. I was looking at two storage funds because everyone k…
I want this one written down because it's the kind of mistake that doesn't feel like a mistake while it's happening. Early 2023 I committed $40k to a storage fund. Guy I trust in…
This one closed out in the spring and I've had a few months to look at it straight. 2022, I put $85k into a nine-facility aggregation vehicle buying in small markets, populations…
I committed $200k in 2022 to a storage fund that pitched itself as 70% stabilized acquisitions, 30% ground-up. The stabilized side has been fine, boring, roughly what the deck sai…
Numbers first, then the part that nearly killed it. Six-facility portfolio, secondary markets in one state, bought as two separate deals about seven months apart. Total basis $23.…
Still no deal of my own. But this worked, so here it is. Last winter I started tracking published street rates weekly across 40 facilities in three submarkets, unit by unit for th…
This is the question I would have been too embarrassed to ask in 2022, and now I've paid for the answer. $75k into a seven-facility value-add storage deal, single-asset syndicatio…
I wanted the version of this that just works, so I picked what looked like the most defensive thing on offer. A storage fund, eight facilities, all stabilized, no development, no…