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A Once Placid Self-Storage Sector Is Making Public Noise While Some Investors Shun Established Properties To Build Their Own

It wasn't more than a year ago that commercial real estate investors found a quiet and underpublicized sector they could buy into with little risk and little churn. But today, quiet is not an adjective for the self-storage investment market. A combination of huge transactions and dropping rent prices in the sector have upended what was considered an easy and tranquil alternative investment to troubled office space and multifamily housing. This month, the sector's fireworks reached maxi...
United States Las Vegas Ryan Gibson Chris Marr Elon Musk Spartan Investment Group
Source: yahoo.com

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Good News For Consumers Means Bad News For Self-Storage Investors As Summer Rental Rates Continue To Drop

The bloom is off self-storage investment, which became a can't-miss opportunity during the pandemic as people cocooned in their homes, built offices and gyms and moved their displaced belongings. But rental prices for new storage tenants are dropping at unprecedented levels, and investors who went all-in in the past two years are now feeling the pain. According to Green Street, self-storage prices for new customers dropped 10% in the first quarter, following a similar drop in the fourth qua...
Spenser Allaway Joe Margolis Zacks Investment Research Financial Times Stock Exchange Blackstone Inc Green Street
Source: yahoo.com

Extra Space Storage (EXR) Stock Declined on Moderating Rent Growth

Baron Funds, an investment management company, released its “Baron Real Estate Fund” second quarter 2023 investor letter. A copy of the same can be downloaded here. In the first half of 2023, the fund rose 15.00% (Institutional Shares) compared to a 4.78% return for the MSCI US REIT Index (the “REIT Index”) and a 12.11% return […]
Space Storage Inc Adam Winger Space Storage Popular Stocks Among Hedge Extra Space Storage Real Estate Fund
Source: yahoo.com

10 Best Public Storage Stocks to Buy Now

In this article, we discuss 10 best public storage stocks to buy now. If you want to skip our detailed discussion on the storage industry, check out 5 Best Public Storage Stocks to Buy Now. According to Mordor Intelligence, the self-storage market will potentially be worth around $58.26 billion in 2023 and is expected to […]
United States Scottw Clark Darlington Dmitry Balyasny National Storage Affiliates Trust Willscot Mobile Mini Holdings Corp Americold Realty Trust Inc
Source: yahoo.com

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