Category: Sponsored

Facility owners who’ve implemented Nokē Smart Entry have seen 85-95% fewer insurance claims on Nokē units.” Have you realized the type of locks you allow on your unit doors say a lot about your facility and the content inside each unit? All it takes is a thief or competitor to visit your property and walk around the site a couple of times to fully map your facility. Not only will they easily know which units are vacant, occupied, and past due, but they’ll also have a reliable judgment of which…

  Las Vegas Executive Workshop $1,490 – includes April 14 Executive Workshop + ISS Expo Package (April 12-13). Toy Storage Nation, in partnership with Inside Self Storage, is hosting a one-day Executive Boat & RV Workshop at the ISS World Expo. Best Practices for Executive RV & Boat Storage Facilities Workshop April 14 / Las Vegas / Caesars Forum Conference Center View Agenda Questions? Call Amy Bix @ 602-909-3910 REGISTER HERE Click “Attendee Registration” at Top Right of Page Select “Expo Package” option Complete profile and demographics information Select “continue” on…

A small self storage facility can be a profitable investment option when it is managed well. If your property (or future property) is between 5,000 – 15,000 square feet, 100 units or less and generating $50,000-$60,000 in gross annual revenue, it may be beneficial to explore management options outside of a traditional full-time employee. Listed below are six alternative methods to successfully manage smaller facilities, while simultaneously increasing cash flow potential: 1. Manage the property as a satellite location to an existing facility. Assuming you already own a facility in…

Andreas’ extreme professionalism and organization throughout the transaction left a great impression on me” Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the newest addition to the Bledsoe Self Storage Group, Andreas Makris, serving the Northeast and Mid-Atlantic markets in the Self Storage Division. The founder of the team, Kevin Bledsoe, joined Marcus & Millichap in July 2022. Bledsoe’s decision to add Makris aligns with his long-term strategy to unify talented advisors to best serve self storage…

The properties are located in Georgia, Louisiana and Texas.” Absolute Storage Management has been selected to provide management services for three self storage facilities located in three Southern U.S. states, starting January 2023. The properties are in Georgia, Louisiana and Texas, with the last two under private ownership. Absolute Storage Management, founded in 2002, operates more than 140 properties across the U.S. Lumpkin 400 Storage in Dahlonega, Georgia, is an 88,396-rentable-square-foot facility that comprises 573 non-climate and climate-controlled units, ranging from 25 to 300 square feet. The property is located…

  New Management in Dahlonega, Georgia” Local acquisition of Lumpkin 400 Storage is bringing professional self-storage management to the city of Dahlonega. The facility is located at 210 Ethan Allen Drive Dahlonega, GA. This facility is comprised of 573 units totaling 88,396 rentable square feet, providing safe and secure climate-controlled, non-climate, and parking unit options to the local communities of Auraria, Lumpkin, and Dawson. The ownership group has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services and the facility is officially under Absolute’s management as of…

  Pogoda Companies, one of the largest self storage owner/operators in the country, announces a new management account in Carmel, Indiana. With this new management account, Pogoda Companies adds its 58th self storage property to its portfolio and its third property in Indiana. The well-located Carmel Self Storage property, which boasts 95% occupancy, offers 20,000 square feet of climate-controlled storage and 50,000 square feet of drive-up access to 492 units. Pogoda Companies plans to bring its institutional management practices to boost income through rent increases and higher tenant insurance penetration.…

Every year Bank Five Nine funds numerous transactions based on complex change of ownership transactions that include the purchase of real estate. In many cases financing is provided in combination with both the SBA 7(a) Program (intangible assets) and the SBA 504 Program (fixed assets). Seller financing is also common in these types of projects, but it is important to structure the deal right on the front end in order to allow for seller financing to count toward the required down payment and also ensure the payback terms are acceptable…

Absolute Storage Management (Absolute), a leading private, third-party management company for self-storage facilities in the United States, announced operating results for the three months and year ended December 31, 2022. 2022 Highlights for Three Months Ended December 31, 2022: • Increased same-store revenue by 6.5% compared to the same period in 2021. • Acquired six (6) management contracts: five (5) operating facilities and one (1) facility after construction. 2022 Highlights Year Ended December 31, 2022: • Increased same-store revenue by 13.5% compared to the same period in 2021. • Acquired…