Mini-Storage Messenger – January 2017 Since the 2008 economic recession, self-storage owners have capitalized on a Federal Reserve Funds target rate of nearly 0% to secure remarkable low-interest loans for acquiring, building and...
Read moreControlling Factors in Storage Refinancing
Inside Self Storage – November 16, 2016 We all want some control in our lives. Whether our health, lifestyle, working environment…it’s good to be in control. It’s also good to recognize some things are beyond our control: The weather...
Read moreLessons Learned: Pondering the Prepayment Dilemma
Mini-Storage Messenger – October 14, 2016 At first glance, it seems fairly obvious that with currently low interest rates and so many capital sources offering highly attractive loan options, now is a great time to obtain new financing for...
Read moreLessons Learned: Take What You’ve Learned and Apply it to the Future
Mini-Storage Messenger – September 16, 2016 Hard to believe, but it’s the fourth quarter of the year already…a time when we reflect on 2016 and begin planning for the year to come. And what a year it has been for the self-storage industry...
Read moreLessons Learned: CMBS Financing Rolls with Market Punches
Mini-Storage Messenger – September 15, 2016 Like a champion fighter who absorbs repeated jabs and hooks but is still standing to claim victory after a hard-fought bout, CMBS markets are rolling with the market’s punches and once again...
Read moreCapital Fuels Changes in Texas Storage Market
Texas SSA Magazine – August 15, 2016 While Texas oil fuels millions of vehicles daily, the capital markets have been fueling up the state’s extraordinary self storage facility development and expansion in recent years. There are three...
Read moreLessons Learned: Creating Customer Value One Relationship at a Time
Mini-Storage Messenger – August 14, 2016 When walking into a community bank recently, a sign in their foyer caught my attention. Its message promoted their mission statement which I thought was representative of today’s banking industry as...
Read moreLessons Learned: Riding the Wave
Mini-Storage Messenger – May 15, 2016 As we roll into the spring and summer months, the self-storage sector is enjoying a rising tide of market factors all working to the benefit of owners. Like surfers who dream of waking up to perfect...
Read moreCrowdfunding: Trendy Buzzword or Storage Industry Game Changer?
Texas SSA Magazine – April 14, 2016 This month’s magazine focuses on Game Changers and new options for thinking differently about owning and operating self-storage properties. Crowdfunding certainly has people thinking about new ways of...
Read moreA bird in the hand is worth two in the bush… or is it???
Mini-Storage Messenger – February 15, 2017 We all have been in various situations where we have been in a bit of a winning position, and have had the chance to quit while we’re ahead. Whether it’s having more chips than you started with in...
Read moreLessons Learned: Examining the Past to Start the New Year
Mini-Storage Messenger – February 14, 2016 Editor’s Note: In this inaugural quarterly series of articles, self-storage mortgage broker Neal Gussis offers market observations and lessons storage owners can learn as they consider their...
Read moreMake-or-Break Time: Preparing a Loan Request Package
Inside Self Storage – January 14, 2016 Making a positive contribution to your bottom line can come from many sources, such as implementing better revenue management, offering additional services and retail products, and improving...
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