From the desk:
Pulled operating statements on a 240-unit facility to practice on. Revenue line grows 6 percent year over year while unit count and occupancy are both flat. The broker said that's…
From the desk:
Looking at participating in a bridge position on a facility that opened in late 2023. 62,000 rentable square feet, currently 61 percent physical occupancy, targeting stabilization…
From the desk:
Owner group asked me to review a management agreement before they sign. 480 units, roughly 52,000 net rentable square feet, small metro on the edge of a bigger one. Occupancy 86 p…
From the desk:
Small syndication, one facility, 310 units plus 22 outdoor RV/boat spaces. Sponsor owns it already and is selling down 40 percent of the equity to fund a canopy build and a gate/a…
From the desk:
I've got capital sitting and I've been circling self-storage because everyone describes it as the low-hassle option. But I don't know how to tell a good facility from a bad one wh…
From the desk:
Been reading through an offering on a flex condo project, the larger owned units with power and water aimed at people who want more than a standard storage unit. Boat and RV owner…