How to Invest in Self-Storage Real Estate

In a hot real estate and stock market, investors may be looking for new and innovative opportunities beyond the high-priced apartment buildings and buildable land.

Self-storage facilities have the upside of being “fairly resilient through both economic booms and downturns,” and capitalize on society’s need to accumulate stuff, says Paul Letourneau, manager of commercial loan originations at Alliant Credit Union in Chicago.

Despite self-storage experiencing a runup in pricing and demand, the markets continue to grow and capitalization rates (a method of factoring return on investment) remain attractive……………Read More