Investing in Self Storage: What You Need to Know to Make a Wise Decision

When you invest in self storage, you put your money to work so that you can make more money. That’s a simple concept, but you need to remember that investments involve risk. You don’t have a crystal ball or a set of tarot cards to help you magically eliminate that risk. But, you do have ...
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PINNACLE STORAGE PROPERTIES PROUDLY ANNOUNCES THE ADDITION OF SHERRIE LeCRONE AS INVESTOR COMMUNICATIONS COORDINATOR

Houston, Texas, November 10, 2020 – Rapidly expanding Houston, Texas-based Pinnacle Storage Properties is pleased to announce the addition of Sherrie LeCrone as Investor Communications Coordinator.    Sherrie’s responsibilities will include oversight of communications with130 active investors representing $28MM throughout Pinnacle Storage Properties’ portfolio. She will be the primary point of contact for quarterly investor reports, ...
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An Overview: Refinance Your Commercial Real Estate Loan and Get the Best Deal From Your Lender

Typical motivations for refinancing a commercial real estate loan vary from the desire to stabilize monthly payments, release equity from the property or derive tax benefits. Whatever the reason, the aim is to know when refinancing makes sense. When to Refinance A sound business strategy is to refinance when rates are low, but this is ...
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The Advantages of Outsourcing Your Marketing Services

As a busy entrepreneur, you need time to focus on what you do best:  operating your business, hiring the right people, and building relationships with clients and vendors. You know you need to  boost your marketing efforts, but spending time and money hiring and training a marketing staff is not on your radar right now. ...
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PINNACLE STORAGE PROPERTIES PROUDLY ANNOUNCES THE ADDITION OF BRUNO MARQUEZ AS FINANCIAL AND OPERATIONAL ANALYST

Houston, Texas, October 19, 2020 – Rapidly expanding Houston, Texas-based Pinnacle Storage Properties is pleased to announce the addition of Bruno Marquez as Financial and Operational Analyst.    Bruno will be responsible for keeping a pulse on the financial well-being of 25+ operating businesses owned and operated by Pinnacle Storage Properties. He will underwrite prospective storage ...
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PINNACLE STORAGE PROPERTIES PROUDLY ANNOUNCES THE ADDITION OF DAVID ALLEN AS DISTRICT MANAGER

Houston, Texas, October 13, 2020 – Rapidly expanding Houston, Texas-based Pinnacle Storage Properties is pleased to announce the addition of David Allen as District Manager for all Texas and Arkansas locations.            David will assume responsibility for all areas of operations in these locations, including due diligence, revenue management, marketing, quality assurance and budgeting. Additionally, he ...
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Should Investors Delay Commercial Real Estate Acquisitions in an Election Year?

If you think 2020 was the worst year in modern history, you may face a few dissenting opinions. The Black Death killed half the population of Europe in 1349. In 1520 smallpox killed between 60 and 90 percent of the inhabitants of the Americas. The Spanish Flu caused the deaths of over 50 million people ...
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Don’t Overlook Your Vulnerabilities: Prepare Your Facility for a Natural Disaster

According to the Federal Emergency Management Agency (FEMA), 40 percent of small businesses never reopen after a disaster, and another 25 percent that do reopen fail within a year. Jim Redick, director of Emergency Preparedness and Response for Norfolk, Va. states, “Small businesses are a huge contributor to our economy so if they’re unable to ...
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The Advantages of The Storage Shield Protection Plan

According to the Self-Storage Association, one out of every 10 households in America rents a self-storage unit. That means 10.8 million Americans are comfortable that their possessions are safe, secure, and well protected at their local self-storage facility. Despite these precautions, you want to be prepared for anything. Self-storage insurance is important, but a tenant ...
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Is Your Self Storage Business Insurance Portfolio Up to Date?

As a self storage operator, you face unique risks. Purchasing only the insurance basics is not enough. As the self-storage industry has evolved, so have the risks, and there are specialty coverages that need to be considered. If you don’t want to expose yourself to lawsuits and financial anguish, look into adding the following coverages ...
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