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Monthly Archives: February 2015

Telling Your Self-Storage Loan Story: Getting the Money You Need

Getting a lender’s attention and obtaining aggressive loan quotes starts with thoroughly organizing and packaging your loan request. While this package has many features, its goal is to tell the story of your self-storage property, operating expe…

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Sovran Self Storage Announces Public Offering of 1.2M Common Shares

Real estate investment trust (REIT) Sovran Self Storage Inc., which operates the Uncle Bob’s Self Storage brand, announced a public offering of 1.2 million shares of common stock at $90.40 per share. The REIT upped the offering by 200,000 shares …

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Self-Storage REITs Release Financial Results for Fourth-Quarter 2014

The four publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Public Storage Inc. and Sovran Self Storage Inc.—have released financial statements for the quarter that ended Dec….

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Northwest Self Storage to Convert Skating Rink in Hillsboro, OR

Northwest Self Storage, which operates more than 70 facilities in Oregon and Washington, plans to convert a former roller-skating rink in Hillsboro, Ore., to self-storage. The property at 4395 S.E. Witch Hazel Road was sold to Northwest’s parent …

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Amsdell Cos./Compass Self Storage Buys Facility in Cincinnati

Compass Self Storage LLC, a member of the Amsdell family of companies, has purchased a self-storage facility in Cincinnati, the company’s third acquisition this month. Compass now has six facilities in the greater Cincinnati/North Kentucky area a…

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