Category: Sponsored

Price of Land? No! We have had multiple franchise owners find land for what I would consider half our price goal. We are seeing more and more lowball offers getting accepted. Even if you saved $500,000 on the land cost that is around $3,000 interest a month saved when financed. But certainly not enough to make or break a site. And certainly, no reason to pay less for an inferior location. Loan Interest rate? No! I built my first self storage in 2008 with an 8.5 percent interest rate. Was…

Janus International Group, Inc (NYSE: JBI) (“Janus”), a leading provider of cutting-edge access control technologies and building product solutions for the self-storage, commercial, and industrial sectors, today announced the complete backend migration of Nokē to Amazon Web Services, Inc. (AWS). This successful migration allows Nokē to continue to lead digital innovation by leveraging AWS’s leading industrial Internet of Things (IoT), artificial intelligence, and security capabilities. Running on AWS, Nokē has increased its availability and global reach, enabled real-time over-the-air device management, and improved the owner-operator and end-user experience through latency…

Storage Exchange announced the closing of three self-storage transactions in Q3 of 2023, comprising of over 218,000 NRSF. These properties are located in South Dakota and Texas. 1. Simply Stor-It: Located in Mitchell, SD, this property contains 109,410 rentable square feet, including 25,995 square feet of climate-controlled units. Caroline Holliday, Associate, & Hunter Molnar, Managing Director, for Storage Exchange, facilitated the sale on behalf of the seller. 2. All Around Storage: This 94,292 sq. ft. facility is located in Athens, TX and is well-leased at 100% physical occupancy. The seller…

Changes to SBA Rulebook Summary of Key Changes: Key Improvement Prior to August 1, 2023 As of August 1, 2023 SBA Eligibility Determination 7(a) & 504 Lenders were responsible for determining program eligibility under delegated authority; SBA could repair or deny a guaranty purchase request for eligibility SBA was responsible for determining eligibility for non-delegated loans SBA is responsible for determining eligibility for all loans based on ETRAN data submissions, and SBA will not repair or deny a guaranty purchase request for eligibility if SBA determined the borrower eligible Affiliation…

Walking into a facility equipped with StoreEase’s technology was like stepping into the future of our industry,” said Beau Agnello Chief Operating Officer at Go Store It. “We’re not just following industry trends; we’re setting them. This isn’t a replacement for personalized service – it’s an upgrade.” StoreEase announces a strategic partnership with top operator Go Store It to implement its Virtual Technology Platform as a SaaS / white label solution. The initial rollout will consist of 11 properties in North Carolina and South Carolina. Go Store It will deploy…

The debt markets have changed significantly since the Fed began raising interest rates in early 2022. As a mortgage broker, I’ve seen deals repriced, paused and/or die as a result. Still, we continue to close loans by embracing a strategic perspective that fits the current environment. The best financing execution is one that focuses on future goals and what can be controlled by the borrower. A case study will help illustrate this. We recently closed a loan fitting the following profile: Strong historical cash flow Low leverage Tertiary market The…

Janus International Group, Inc (NYSE: JBI) (“Janus” or the “Company”), a leading provider of cutting-edge access control technologies and building product solutions for self-storage and other commercial and industrial sectors, today announced Extra Space Storage, Inc (NYSE:EXR) (“Extra Space”), intends to expand its install base of Janus’s award-winning Nokē digital access products across more than 400 additional facilities with the Nokē Screen over the course of the next year. Janus and Extra Space have partnered to bring Nokē smart technology and digital access to approximately 700 facilities to date. Upon…

In this captivating video, we invite you to experience the essence of exceptional self-storage services right from the start. Why First Impressions Matter: They say you only get one chance at a first impression, and at Storage Authority, we take that to heart. We understand that your journey begins the moment you step through our doors or explore our online presence. From the welcoming smile of our staff to the pristine surroundings, every detail has been meticulously designed to ensure your first encounter with us is nothing short of remarkable.…

Six acres of land is often what it takes to build an 80,000-plus-square-foot self-storage. Once built and full it is typically worth several Million plus more than cash in the project and a healthy six-figure yearly income. Hard-to-beat self-storage returns and limited owner hours. If you want to spend ZERO time and want a great investment why not consider a partnership with a Storage Authority Franchise owner? You put in the land, they put in $1,000,000, and do all the development work to get designs and approvals and build the…

Ready to explore the Storage Authority franchise? Don’t miss out on this chance to be a part of a dynamic and profitable industry. Hit that play button to learn more about what Storage Authority can offer you! About Storage Authority: Storage Authority is a renowned franchise that empowers individuals to tap into the lucrative self-storage market. With a proven track record and a wealth of industry knowledge, Storage Authority equips franchisees with the tools they need to establish and manage successful self-storage facilities. Contact: Garrett Byrd, Vice President 941-928-1354 (Call/Text)…