The bloom is off self-storage investment, which became a can't-miss opportunity during the pandemic as people cocooned in their homes, built offices and gyms and moved their displaced belongings. But rental prices for new storage tenants are dropping at unprecedented levels, and investors who went all-in in the past two years are now feeling the pain. According to Green Street, self-storage prices for new customers dropped 10% in the first quarter, following a similar drop in the fourth quarter
LADERA RANCH, Calif., August 01, 2023 Round-the-World Solo Flight Will Raise Funds for Home Suite Hope to Help Single-Parent Families Overcome Homelessness
Baron Funds, an investment management company, released its “Baron Real Estate Fund” second quarter 2023 investor letter. A copy of the same can be downloaded here. In the first half of 2023, the fund rose 15.00% (Institutional Shares) compared to a 4.78% return for the MSCI US REIT Index (the “REIT Index”) and a 12.11% return […]
In this article, we discuss 10 best public storage stocks to buy now. If you want to skip our detailed discussion on the storage industry, check out 5 Best Public Storage Stocks to Buy Now. According to Mordor Intelligence, the self-storage market will potentially be worth around $58.26 billion in 2023 and is expected to […]