SSA Blog

On June 30th, 2024 the SSA released early results from the SSA Industry Confidence Survey, conducted in May with self storage owners and managers. The summary concluded that operators had an optimistic outlook for the industry today and for the remainder of the year.

Interest rates have begun an expected steep climb this year as the Federal Reserve moves to get inflation under control.

As busy as the self storage industry has been over the last five to seven years, not much has been written or discussed recently about the language of loan covenants for buying or building self storage facilities.

During the course of my career, I have lived through a number of real estate cycles. I have seen the highs and lows from a number of different, unique perspectives: broker, developer, small portfolio manager and large portfolio owner just to name a few.