Uncategorized | Pinnacle Storage Properties

Self Storage Industry Economic Trends to Watch for in 2024

Looking ahead to 2024, it’s vital to understand the economic landscape and its potential impact on the self-storage industry. Last year saw surging inflation, astronomical interest rates, and a housing market slump. These factors have rippled through various sectors, including self-storage. To better understand how the self-storage industry might weather the coming year, it’s critical ...

Can I Use a Self-Directed IRA to Invest in Self Storage?

Invest in Self Storage Many investors are unaware that they can utilize the funds in their existing 401(k) accounts to invest in assets like commercial real estate through a Self-Directed IRA (SDIRA). With an SDIRA, investors have more flexibility and control over their retirement savings and investment choices. A self-directed IRA is a powerful tool. ...

Today’s Self Storage Office: Updated and Inviting

Walk into your self storage office as if you’re a potential tenant, and see how you feel. Is the office bright, cheerful, and welcoming or is it outdated, dreary, and cluttered with paperwork, used coffee cups and office supplies? A bright and welcoming office says that your organization is in control and that your self ...

Using Your Self-Directed IRA to Invest in Self Storage

Self-directed IRAs are not for everyone. They are for individuals who want diversity in their portfolio and control of their financial future. They want to create wealth using their knowledge of investments outside of the more traditional stocks, bonds, or CDs. Real estate investment with a self-directed IRA does not have to be limited to ...

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 ...

Self Storage Property Renovation Trends

The self storage industry didn’t altogether make its presence known until the mid-sixties. It was born in 1964 in Odessa, Texas, out of the need for the oil industry to have convenient access to tools and equipment. The very first self storage facility with garage-style doors was built by Russ Williams and his stepson, Bob ...

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 ...

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 ...

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 ...