Live Oak Bank, which includes a self-storage lending division, recently donated $250,000 to the New Hanover Regional Medical Center (NHRMC) Foundation in Wilmington, N.C. The funds will support patients and their families as well as physicians and staf…
Self-Storage Lender Live Oak Bank Donates $250K to Wilmington, NC, Medical Center
Live Oak Bank, which includes a self-storage lending division, recently donated $250,000 to the New Hanover Regional Medical Center (NHRMC) Foundation in Wilmington, N.C. The funds will support patients and their families as well as physicians and staf…
Prepaying Your CMBS Loan: Choosing the Best Option for Your Self-Storage Business
Most commercial mortgage-backed securities loans are offered with the borrower’s choice of prepayment option: yield maintenance or defeasance. Here’s why these penalties are necessary and the pros and cons of each.
Amy’s Attic Self Storage Invites Community to Create Valentine’s Day Cards for Elderly
Amy’s Attic Self Storage, which operates six facilities in Texas, has launched is inviting community members to stop by the facility and create Valentine’s Day cards for the elderly. Decorating stations were set up on Jan. 19 at Amy’s…
U-Haul Expands Self-Storage Facility in Springfield, MO
Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, has acquired an abutting strip mall to its facility in Springfield, Mo., with plans to convert it to self-storage. The 1.28-acre proper…
Self-Storage Firm Investment Real Estate Hires Brokerage Advisor for Mid-Atlantic Region
Investment Real Estate LLC (IRE), a property-management and consulting firm serving the self-storage industry, has hired George Hatchard as brokerage advisor. His responsibilities will include buyer representation, due diligence, feasibility studies, f…
Jernigan Capital, Mequity LLC Co-Invest on Vinings, GA, Self-Storage Project
Jernigan Capital Inc., a merchant bank and advisory firm serving the self-storage industry, and Atlanta real estate developer Mequity LLC have closed on a $13.6 million property in Vinings, Ga., they intend to develop into a self-storage facility. The …
Deflecting the Self-Storage Winter Slump With Marvelous Marketing
Seasonal drop-offs during the wintertime are an issue that almost every self-storage operator faces. To get your year off to a strong start, here are a few ideas to help you drum up new business this winter.
The Rise of Self-Storage in the Republic of Macedonia
A Macedonian real estate firm took a gamble when it decided to transform a warehouse it owned in Skopje to self-storage. The author discusses the facility design, the local market, business growth and future plans.
Deflecting the Self-Storage Winter Slump With Marvelous Marketing
Seasonal drop-offs during the wintertime are an issue that almost every self-storage operator faces. To get your year off to a strong start, here are a few ideas to help you drum up new business this winter.