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
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Why Now?
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 Capital Completes First Acquisition
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 Launches Fund to Target Self-Storage Development
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
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