Self-Storage Sector Continues to Deliver for Investors

Wealth Management Real Estate

Monday Morning Quarterback (03/22/2021)

ECONOMIC NEWS FOMC Statement & Economic Projections On Wednesday, the FOMC announced its intention to keep monetary policy accommodative until the U.S. economy fully recovers. Under its new 2020 mandate, the central bank will allow inflation to rise above 2.0% for a short but undefined period before pulling monetary stimulus. Currently, the Fed’s easy money […]

Monday Morning Quarterback (03/15/2021)

SELF-STORAGE NEWS February Street Rates Yardi released its monthly national self-storage report for February on Wednesday, March 10. The report found that nationwide non-climate-controlled (Non-CC) and climate-controlled (CC) self-storage street rates improved annually for 10×10 units for the fifth consecutive month. Additionally, the report showed that street rates for 10×10 CC units rose by 3.1% […]

Monday Morning Quarterback (03/08/2021)

U.S. Economy Powell’s Speech Job growth has sputtered for the past few months, while inflation has been stagnant for many years, as the U.S. economy has lost momentum, which has led to over a decade of disinflation. To counter the disinflation, the Federal Reserve has shown little concern with raising inflation above 2% for a […]

Monday Morning Quarterback (03/01/2021)

SELF-STORAGE Unseasonably High Occupancy Across the board, all five self-storage REITs beat consensus estimates on the top and bottom line. Same-store (SS) revenues were driven primarily by unseasonably-high occupancy rates (historically, occupancy dips in the winter and rises into the summer) and growth in street rates. Due to the strict COVID business restrictions in some […]