Archive for January 2021

I was talking to a new investor who had not yet entered the Texas self-storage investment space, and he was primarily interested in distressed opportunities. And when we talk about distressed opportunities, we talk about properties that have been mismanaged for one reason or another, maybe something has happened. Either way, they are not making…

Clients engage us to take their property to market. What they expect is to have as many qualified buyers as possible look at the deal, look at the package, look at the video, and spend time on it and really try to understand it. And one of the benefits of engaging Karr self-storage is that…

If there’s a question right now that seems to be on everybody’s minds, it is how is all this new construction going to be impacting the self-storage industry? Well, admittedly, there are a number of new facilities being built and it is something that is important to understand. Well, as specialists in the market, we…

As self-storage brokers, we spend most of our time in the primary markets throughout Texas, but one of the interesting things that we have seen, and we have kind of touched on some of this relative to the capital markets, is an interest in secondary markets. We recently closed a portfolio out in the Permian,…

Somebody asked me the other day about cap rates and whether they’re important and so forth. And we admittedly said that cap rates are in fact very important, but they’re by no means the only thing that we pay attention to when looking at a facility’s value. Brandon Karr: Cap rates, of course, are the…