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Self-storage center real estate investment trusts (REITs) are companies that specialize in owning and operating income-generating storage facilities, commonly known as self-storage centers. Self-store center REITs invest in properties where individuals and businesses can rent space to store their belongings, such as furniture, household items, business inventory, and vehicles of all types. Investors in self-storage center REITs benefit from the income generated through leasing storage units to t
Under the Biden administration, the gap between U.S. wage increases and soaring rental costs has widened, with real estate mogul Grant Cardone attributing the disparity to current federal economic policies.While 1.2 million new apartments have been constructed across the nation since 2020, renters find little relief as rents have climbed 30% between 2019 and 2023, outpacing the approximately 20% growth in wages during the same period."American paychecks have grown since the pandemic, but those g
The most expensive home sale in Palm Beach, Florida, closed last week for $152 million, and the developer who sold it says it's part of his efforts to create a new luxury asset class. The 28,618-square-foot mansion on a 2.3-acre private island has 11 bedrooms and 15 bathrooms. It first hit the market in 2022 with an asking price of $218 million. The property at 10 Tarpon Isle was renovated and expanded by spec developer Todd Glaser and his partners, who paid $85 million for the estate in 2021. I