Christina Alvino | Pinnacle Storage Properties

Self-Storage Facility Due Diligence…Do the Due

Most experienced self-storage facility buyers understand that due diligence has to be completed prior to the purchase of a property. But, what exactly is meant by the term “due diligence”? According to Dale Eisenman of Midcoast properties, “due is defined as reasonable, just, regular and sufficient. Diligence is defined as prudence, attentiveness and care. Used ...

Give Your Rundown Self-Storage Property a Face Lift

During a house hunting quest, did you ever pull up to a property that looked like a scene from Animal House? My guess is that you kept right on driving…to an attractive property with a well-tended look. Think about this in terms of self-storage. Does your facility look like John Belushi’s choice for self storage? ...

PINNACLE STORAGE PROPERTIES PROUDLY ANNOUNCES THE ADDITION OF SCOTT BURGESS TO ITS EXECUTIVE TEAM

Houston, Texas, November 4, 2019 – Rapidly expanding Houston,Texas-based Pinnacle Storage Properties is excited to announce the addition of Scott Burgess as VP of Finance and Accounting. His responsibilities will include all finance and accounting functions. He will assist with the production of Pinnacle’s month-end and quarter-end reports for both internal and external users, and ...

A New Platform for Self-Storage Investors

Pinnacle Storage Properties has committed to list more than $100 million in storage assets on Earn.re, a blockchain platform for commercial real estate financing designed to connect lenders and accredited investors directly with project sponsors. To understand blockchain, you have to first understand the fundamentals of tokenization (sometimes called cryptocurrency) and blockchain technology. What is ...

Pinnacle Storage Properties Announces New Market Venture with the Acquisition of Five West Coast Properties

Houston, TX –August 21, 2019 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of five west coast self-storage properties. Storage Plus of Centralia Fords Prairie, Storage Plus of Centralia Gold, and Storage Plus of Kelso, located in Washington; as well as Storage Plus of Roseburg and Storage Plus of Winston, both ...

Pinnacle Storage Properties Announces the Acquisition of Two New Texas Properties

Houston, TX – August 13, 2019 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of two more Texas properties, Storage Plus of Bellville and Storage Plus of Spicewood. These properties represent the 19th and 20th additions to the Pinnacle portfolio. Storage Plus of Bellville, formerly AAA Storage, located at 12085 Highway ...

Newly Expanded Storage Plus of Katy

Storage Plus of Katy, formerly Franz Road Self Storage, one of our leading facilities, has been undergoing a significant property expansion that is nearing fruition. This facility, located on Franz Road, across the street from St. John XXIII Preparatory School, offers residents and businesses in Katy, Texas an exceptional storage experience. The multi-faceted expansion, which ...

Self- Directed IRA’s: Investing in Real Estate

A self-directed IRA is unique due to the available investment options and because it puts the owner in control. What is a self-directed IRA? Technically, a self-directed IRA is not any different than other IRAs (or 401ks). IRAs were created by the government to permit investments to grow tax-free or tax-deferred, compounded over time, to ...

Self-Storage as a Real Estate Investment: Who is the typical self-storage investor?

Self-storage is not a glamourous industry. Uninteresting warehouse-type buildings, filled with cubicles that are overflowing with people’s belongings, do not have the sex appeal of a glitzy shopping mall or a sophisticated designer furniture store. Locations on noisy roads or the outskirts of town are standard. These facilities, however, have become big business and are ...