Pinnacle Storage Properties Announces the Acquisition of Taylor Hutto Self Storage
PINNACLE STORAGE PROPERTIES ANNOUNCES THE ACQUISITION OF TAYLOR HUTTO SELF STORAGE Houston, TX – June 16, 2020 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of another Texas Property, Taylor Hutto Self Storage rebranded as Storage Plus of Taylor Hutto. This property is the 21st addition to ...
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Underwriting Self-Storage Properties
Underwriting is the process used to determine the financial feasibility of an event such as the acquisition, refinance, recapitalization, construction, or expansion of a property. This process is integral to any real estate transaction and the product of the underwriting will be a primary decision making factor for every party involved, from the operator, to ...
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What You Need to Know About Self Storage Revenue Management
In the last five years the self-storage industry has seen significant growth. The market has shown an increase in the number of facilities, along with continuing shifts in conditions. Combined with multiple industry variables, these factors, if not managed properly, can have an adverse effect on profitability. The evolution in market conditions means that revenue ...
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Small Operators Can Compete With REITs
In today’s ever-evolving self-storage climate, smaller operators have to compete with larger, better capitalized companies. With the advantage of better capital comes a substantial marketing budget, more locations, and a sizable management staff. How do the smaller operators adjust to be able to compete in this market? To understand the self storage market you must ...
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How to Structure a Self Storage Deal
Self-storage is one of the fastest growing sectors of commercial real estate. Since 1970 it has grown to over 58,000 self-storage facilities in the U. S. today. There are two reasons for this considerable growth. The first is consumption. Americans love to buy of material goods. When household storage has been exhausted, they have to ...
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Pinnacle Storage Properties Announces the Acquisition of Two New Texas Properties
Houston, TX – July 11, 2019 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of two more Texas properties, Storage Plus of Old Katy and Storage Plus of Livingston. Pinnacle has strategically placed Katy facilities in three different sub-markets. Storage Plus of Old Katy, located at 5310 E 5th St., in ...
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Pinnacle Storage Properties Proudly Announces the Addition of Kurt Power to its Executive Team
Houston, Texas, July 12, 2019 – Rapidly expanding Houston, Texas-based Pinnacle Storage Properties is thrilled to announce the addition of Kurt Power as VP of Investor Relations. Mr. Power comes to Pinnacle with a wealth of experience in real estate investment, marketing, and account management. His last 4 years were spent at Think Realty where ...
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Why Investing in Self Storage is Red Hot
Self storage isn’t glamorous, it isn’t a mystical money-making machine, and it isn’t recession proof (but it is recession resistant). Unattractive warehouse-type buildings, filled with cubicles that are crowded with people’s possessions do not have the sex appeal of a high-end shopping mall or a luxury apartment complex. Nevertheless, these humdrum facilities have become big ...
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How to Work with Investors to Raise Capital for Self-Storage Deals
Investing in self-storage is an excellent option for the individual who is looking for asset class diversification through real estate investments. The advantage of self-storage investment is that it provides a more stable and predictable cash flow than a volatile stock market. The first step is to find a deal, after which you need to ...
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