Storage Benefits from 2020 Disruption–What Now? The pandemic of 2020 has been a “black swan event” that could not have been predicted by the vast majority of us and it changed the trajectory of commercial real estate investing. Self storage was a beneficiary of the disruption caused by the global pandemic—as its 30… Continue reading Predictions for 2021 in Self Storage and Beyond
Why Now? Drew Dolan, Principal and Fund Manager One of the most common questions we get is “Why is now the right time for a self storage development fund?” The “now” is always emphasized, a reference to the headwinds of a pandemic, recession, election year and the enormous disruption we are all witnessing in our daily lives. True,… Continue reading Why Now?
DXD Self Storage Fund I made its first investment this Wednesday, December 9th. The acquisition is a 1.7 acre infill tract in Las Vegas, Nevada made after DXD was able to secure the necessary approvals from Las Vegas County, a condition to purchase the property. The 121,995 gross square foot facility is currently in design… Continue reading DXD Capital Completes First Acquisition
DXD Capital, an Albuquerque, N.M.-based real estate and private-equity firm that leverages data technology to make opportunistic investments, has launched DXD Self Storage Fund I to pursue self-storage development. Aiming to raise $50 million for ground-up projects, the fund will initially target 10 deals, according to the source. Its first will be a multi-story facility on a… Continue reading DXD Capital Launches Fund to Target Self-Storage Development
A New Bull Market for Self Storage Cory Sylvester, Principal Demand and Occupancy Surge, Driving Rental Rates to Near Record COVID-19 has created a surge in demand for self-storage space since the second half of 2020, boosting rental rates and occupancies to or near all-time highs. This surge in demand has led to the start of… Continue reading A New Bull Market for Self Storage