A cloud-based, gate access control system can be connected to a self storage facility’s gates as well as doors to any buildings. The older style of gate access requires a computer to be onsite so it can run a copy of the software locally. With this comes issues that are resolved by cloud access control. The following demonstrates why cloud access is a better option. Automatic Updates Cloud access control facilitates instantaneous changes and allows for automatic updates. For example, you can set your gate up to automatically lock out…
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Featured Broker: Steve Mellon
Steve Mellon is a managing director in the Houston, TX office of JLL Capital Markets, Americas and is the leader of the firm’s national self storage group. He specializes in acquisitions and dispositions in the self storage asset class and has been involved in $2.0 billion in property sales and structured financing/equity placement. His experience also includes performing valuation and value enhancement consulting assignments to help clients identify and boost their property values. Additional assignments include unit mix analysis, demographic and market analysis and inspection and lock checks. Prior to…
Taking a Closer Look at Proposed Tax Changes
Ben VestalArgus Self Storage Advisors With a new Presidential administration in office, tax planning is becoming increasingly more relevant and important to investors. When it comes to real estate and self storage, it is important to pay attention to newly proposed policies and plans that will have an impact on your investments. The Biden-Harris plan was published as a component of the platform for the Democratic Party and will require Congress to pass it. Although it will likely have extensive amendments before it is finalized, the plan is clearly taking…
The Overlooked Benefits of an Operator-Facing Mobile App
The self storage industry has seen an increased demand for tenant facing mobile-apps in recent years, which was only accelerated by the COVID-19 pandemic. However, the benefits of mobile apps aren’t limited to consumers, as operator-facing mobile apps are also important when it comes to improving customer service in several important ways. Customer-facing apps give tenants seamless access to your facility, but an operator-facing facing app is just as crucial for ensuring a frictionless on-site experience. By leveraging cloud-based technology, an operator-facing mobile app gives operators the ability to respond…
Brandon Robinson
Brandon Robinson is a licensed real estate broker, specializing in self storage and commercial transactions in California and Nevada. With prestigious recognitions such as CoStar’s “Power Broker” under his belt, Brandon’s strength is in aggressively growing territories from scratch. Over the past four years, he has overseen the growth of Calvary Realty to over $46 million in closed transactions. Throughout his 15-year career, he has worked with several top storage operators and facilitated contracts, ranging from small transactions to multi-million-dollar deals. Brandon has experience in all-cash deals, lender owned properties,…
Featured Broker: John C. Lindsey
John C. Lindsey graduated from the College of Charleston with a degree in business administration with a commercial real estate development concentration. Licensed since 2008, his only focus has been self storage as he has explored brokerage, consultation, development and management over the past seven years while working on various projects throughout the world. John is a member of the North Carolina, South Carolina and National Self Storage Associations, as well as a board member of the national Self Storage Association, the NCSSA, and former president of the SSASC.
Fourth Quarter 2020 and Year-End Review for Absolute Storage Management
Absolute Storage Management (ASM), 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, 2020. 2020 Highlights for Three Months Ended December 31, 2020: • Increased same-store revenue by 4.2% compared to the same period in 2019. • Reported same-store square foot occupancy of 91% as of December 31, 2020 compared to 87% as of December 31, 2019. • Acquired five (5) management contracts: three (3) operating facilities and two (2) facilities after construction. •…
Get More Website Conversions with Facebook Ads
As businesses continue to recover from the pandemic, attracting new customers is a top priority for many. At Vivial we often talk about social media’s value and its ability to build awareness and drive engagement with your target audience. But did you know that Facebook Ads are also an excellent tool for increasing conversions and bringing in new leads through your website? Let’s break it down and discuss exactly what a conversion ad is and share examples of how conversion ads can be used. What Is a Conversion Ad Objective?…
New Management for Self Storage Facility
Local acquisition of Handy Mini Storage is bringing professional self-storage management to city of Wynne, AR. Wynne Properties Group, LLC purchased this facility for an undisclosed price in mid December 2020. Handy Mini Storage provides non-climate and climate controlled storage units along with uncovered parking to the local community of Wynne, serving the surrounding businesses and neighborhoods. The facility is comprised of 600+ total units totaling 96,350 rentable square feet. Wynne Properties Group, LLC has partnered with Absolute Storage Management (ASM) to provide professional self-storage management for Handy Mini Storage.…
New Management for Self Storage Facility in Murfreesboro, TN
Local acquisition of Walter Hill Storage is bringing professional self storage management to city of Murfreesboro. Local buyers of WH Storage Partners, LLC purchased this facility for an undisclosed price in late December 2020. Walter Hill Storage provides non-climate storage units and uncovered parking to the local community of Walter Hill, serving the surrounding businesses and neighborhoods. The facility is comprised of 360+ total units totaling 43,425 rentable square feet. WH Storage Partners, LLC has partnered with Absolute Storage Management (ASM) to provide professional self-storage management for Walter Hill Storage.…