It’s the company’s first fund and will purchase between 60 and 80 properties. The minimum investment is $50,000 and the top investor so far has put in $2.5 million.
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Dallas-Fort-Worth-Arlington expects to have a 10.7% increase in total supply once it completes all its development projects.
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Irvine, CA-based Talonvest Capital, Inc., helped secure its clients $111,500,000 in permanent financings. The new closings are secured by assets located in Texas, California, Illinois, and Nevada.
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Two separate firms have recently closed funds exceeding $50 million in new capital for self-storage development and acquisition activity.
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It’s often been said that the self-storage industry is recession resistant, but is it also inflation resistant? For the time being, it looks that way.
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Sales of boats and RVs have soared over the past 18 months, with many Americans choosing to spend their federal-grant dollars on so-called “Covid toys.”
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The Malvern, PA-based REIT also announced that it commenced a public offering of 13.5 million common shares to fund the deal.
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StorageMart, the world’s largest privately held self-storage operator, announced Nov. 12 that it entered a definitive agreement to purchase the entirety of the Manhattan Mini portfolio, which spans 3.1 million…
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NitNeil Partners managing principal Neil Sapra discusses the company’s recent deal to sell 22 storage facilities to Life Storage.
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