by Mark Helm | Sep 24, 2021 | Build Self Storage, Buy Self Storage
Sometimes it is hard today to find deals that could work as you look at buying and getting in the self storage business. Let me give you an example of how parking can sometimes support you. I analyze five to ten deals per week most weeks, and I ran across one a few...
by Mark Helm | Nov 6, 2020 | Build Self Storage, Financial Analysis of Self Storage, Self Storage Business Planning
It can sometimes seem hard to get in the self storage business or to get your next self storage project today with prices being what they are now. People new to the space will often review countless for-sale projects, scratch their heads, and wonder, “How does anyone...
by Mark Helm | Aug 28, 2020 | Build Self Storage, Financial Analysis of Self Storage, Self Storage Business Planning, Self Storage Financing
No doubt about it, 2020 is a year of totally new territory for the self storage industry, and that goes for self storage lending as well. We are currently working on three loans, getting ready to close on them, and it has been a journey. CMBS We are not doing any CMBS...
by Mark Helm | Jul 17, 2020 | Build Self Storage, Buy Self Storage, Self Storage Management
I am beginning to re-think how I calculate lease-up in self storage projects. When I first entered into self storage in the mid-1990s as a broker helping a REIT find self storage, they used to assume 5% of their square footage per month would lease-up (wouldn’t...
by Mark Helm | May 29, 2020 | Build Self Storage
I’ll admit it. I have never been a big fan of container self storage, or temporary storage. At best, I thought we could perhaps use it to plug up a few holes we may have in our facilities and maximize our income. When I first looked (a number of years ago I admit),...
by Mark Helm | Jul 21, 2019 | Build Self Storage
Whatever city you are in, no matter where you go, you see new self-storage being built. Even people who have nothing to do with the industry, when they hear you are involved with self-storage in some way, will comment, “I see it going up everywhere.” All this leads us...
