Education

Inside the Engine of Self Storage Returns

What drives outperformance in self storage? It’s not just location—it’s configuration. Facility type, customer segment, and asset class designation all contribute to cash flow durability and upside potential. This guide explores the primary categories...

The Strategic Edge of Self Storage Investments in Private Real Estate

Real estate has long been a cornerstone of wealth creation, potentially offering investors a tangible, income-generating asset class. Within private real estate, self storage has historically emerged as a high-performing sector known for its resilience,...

Office Real Estate Value Decline Will Weigh Heavy on City Coffers

Although this article by Bloomberg is specifically about Boston, I highly doubt it is the only city in the country to face a significant tax revenue squeeze as office real estate tax revenue declines in lockstep with its values. One-third of Boston's tax...

CMBS Challenges are Back from the Dead

CREDiq analyzed 556 properties that were reappraised in 2023 and the results are shocking. The Commercial Mortgage-Backed Security (CMBS) loans analyzed were attempting to work through problems. CREDiq only analyzed non-current CMBS loans, not bank or...

What Does Too Much New Supply Look Like?

The primary risk facing self storage development is the potential oversaturation with new facilities opening in tandem in the same trade area. A surge in competition during the initial lease-up phase can significantly lengthen the term and potentially...

Slowing Storage Supply & Generational Opportunities

I had a conversation with the nation’s largest storage developer this week. This developer has consistently built $250-$400mm of storage annually for the last eight years. This year, he expects to build $50mm. {% module_block module...

Innovative Self Storage Design: Maximizing Grade Variation

DXD's latest dual ground floor loading development in the Alamo Ranch community of San Antonio leverages basement construction for a multi-level facility with ground-level loading access.

Are We in Deflation?

Listening to Dr Peter Linneman's most recent podcast, he makes a dramatic point. We are in deflation if you remove housing, the CPI, and PCE (personal consumption expenditures). A gut check on this makes sense. Remember when egg prices went crazy?...

Bank CRE Loans Hit All-Time Highs

My first-hand experience with banks has me concluding that they are virtually shut down for new commercial real estate (CRE) loans, especially construction. Banks are not competing in a dogfight for deals. They can pick and choose what they want to...

The State of the Real Estate Market

Capital Markets