Self Storage Blog | Pinnacle Storage Properties

PINNACLE STORAGE PROPERTIES CELEBRATES 4 YEAR ANNIVERSARY

Houston, TX – March 5, 2020 – Pinnacle Storage Properties, based in Katy, Texas, proudly celebrates their four-year anniversary. Since its inception in 2016, Pinnacle Storage Properties has become one of the fastest growing storage companies in the USA. In 3 ½ years, Pinnacle Storage Properties has reached $100M in assets under management, far exceeding ...

Are You Worried About the Economy? We’re Not!

Recent economic uncertainty is reinforcing recession resistant investing strategies. With stock market volatility not seen since 2008, investor confidence is waning. This unreliable economy is making recession resistant and resilient investments a major priority. Self storage isn’t glamorous, it isn’t magic, and it isn’t recession proof; but it has proven time and again to be ...

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 ...

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 ...

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? ...

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 ...

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 ...

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 ...