Are Qualified Opportunity Zones Favorable for Self Storage Investment?

By now, most commercial real estate investors have heard the term “Qualified Opportunity Zone,” even if they aren’t fully aware of the advantages this program provides. Qualified Opportunity Zones (QOZ) exist in financially distressed communities to foster economic growth and improve neighborhoods, while delivering incentives in the way of under market properties and preferential tax ...
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Self Storage Will Remain Strong in 2021

Approximately one year ago, this country faced a corona virus outbreak that morphed into a global pandemic. It not only resulted in worldwide sickness and some loss of life, but had a  severe economic impact on the U.S. The imposed lockdowns forced the closing of restaurants and what were deemed as non-essential businesses, prompting the ...
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PINNACLE STORAGE PROPERTIES ANNOUNCES THE ACQUISITION OF STORAGE PLUS OF MINERAL WELLS AND STORAGE PLUS OF STEPHENVILLE

Houston, TX – December 2, 2020 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of two more Texas self storage properties, Storage Plus of Mineral Wells and Storage Plus of Stephenville. These properties represent the 23rd and 24th additions to the Pinnacle portfolio. Storage Plus of Mineral Wells, formerly Security Storage ...
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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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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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Is Your Self Storage Facility Capitalizing on Retail Sales?

Self storage is typically thought of as a service industry, providing secure storage units for people to store their residential and business belongings. But it can be more than that. The addition of retail merchandise to your facility provides you with great opportunities to increase your profitability as well as giving tenants and walk-in customers ...
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How to Find Funding For Your Self-Storage Projects

Potential self-storage investors are everywhere. Before you start looking for them, your first task is to study the market, recognize investor expectations, and design offerings for investors around those expectations. Investors don’t want to lose money, and they don’t want to miss out on an opportunity. If you want to attract the right investors, you ...
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Questions For First Time Self Storage Investors

If you’re looking for an alternative real estate investment that will provide you with a stable, predictable income stream, minimal maintenance, and low operating costs, investigate self storage. The dollar per square foot that you’re getting on each unit is similar to what is earned on multi-family investments, and you don’t have to know how ...
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