Article Written by Esther Fung, of the Wall Street Journal Appeared in the July 7, 2021, print edition as ‘Self-Storage Stages A Strong Rebound Quicker Than Other Sectors.’ Uncertainty about whether to stay put, move or just clear out the junk motivated new customers. Self-storage pulled ahead of other property types in the reopening trade… Continue reading Self-Storage Bounces Back Ahead of Others as Covid-19 Eases
Category: Uncategorized
Protect Your Downside
Theres an old adage that states to “Cover your bases.” Drew Dolan applies that same principal learned from baseball to the evaluation of a real estate deal, in that you should always ‘Protect your downside.’ Sometimes if things don’t go according to plan, you can still be the most prepared person in the room. We’re… Continue reading Protect Your Downside
Don’t be Afraid to Invest Small. Just Do It.
You have to start your investment journey somewhere. Don’t be afraid to start small. Don’t be Afraid to Invest Small. Just Do It. DXD Capital’s Drew Dolan sits down with AJ Osborne from the Self Storage investing Podcast. This was a great episode and we dive into a lot of important topics in… Continue reading Don’t be Afraid to Invest Small. Just Do It.
Self Storage & Younger Generations
Millennials and GenX are utilizing self storage at an increasingly rapid rate. How might this effect storage properties in the future? Drew Dolan chats through the change in how younger generations are harnessing self storage at a much different pace than we have witnessed before. Additionally the way in which these generations are utilizing the… Continue reading Self Storage & Younger Generations
Touchless Demand and Tech Tools for Self Storage
Touchless Demand and Tech Tools for Self Storage Gary Delaney, Principal Younger Renters + COVID = Contactless Leasing The influx of Millennials and Gen-Z self-storage customers along with the need for contactless rentals during the pandemic has spurred many facility operators to upgrade their technology. Extra Space Self Storage, the Utah-based real estate investment… Continue reading Touchless Demand and Tech Tools for Self Storage
Self Storage Technology & Automation
Man vs Computer. This historic clash has observed technology replacing human occupations for decades and decades. At the end of the day, the ultimate question boils down to efficiency of which option can outperform the other, right? Recently we have witnessed a rise in self storage automation services (including kiosks that can manage the full… Continue reading Self Storage Technology & Automation
Long Term Occupancy In Self Storage
Does a self storage facility age like fine wine? Well, not exactly, but there is an argument that certain components do get better with time. Noah Springer, EVP & Chief Strategy Officer at Extra Space Storage, along with DXD’s Cory Sylvester help support that case, and chat about how long-term tenants add significant value to a facility… Continue reading Long Term Occupancy In Self Storage
It Ain’t Seasonal
It Ain’t Seasonal Cory Sylvester, Principal Self storage web rates continued their strong performance through mid-December. Using 10×10 climate-controlled web rates as our proxy, ending November rates were approximately 19% higher than they were on January 1, 2020. What should we normally expect for this time of year? Looking at the prior three years… Continue reading It Ain’t Seasonal
Save the Date: The US Self Storage Web Meeting
Save the Date: The US Self Storage Web Meeting March 17, 2021 We have partnered with Carmo Companies to present a virtual self storage conference! DXD Capital’s Cory Sylvester will present self storage market insights and predictions for the coming cycle. Afterwards, we will host Extra Space Storage’s Executive Vice President and Chief Strategy and Partnership… Continue reading Save the Date: The US Self Storage Web Meeting
Missed the Web Meeting? Video Links Now Available
Missed the Web Meeting? Video Links Now Available Click the Titles to Link to Carmo’s YouTube Channel Self Storage Market Insights – Cory Sylvester, Principal, DXD Capital Keynote Fireside Chat – Noah Springer, EVP & Chief Strategy and Partnership Officer, Extra Space Storage Noah Springer joined Extra Space Storage in 2006, after several years… Continue reading Missed the Web Meeting? Video Links Now Available