Over the years I have written articles and analyzed just about every aspect of the self-storage business.
IS ARGUS MONITOR SAFE PROFESSIONAL
The value of professional advice during a self-storage transaction today cannot simply be measured by wins and losses.
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View Full Article(PDF) IX-2021: Expert Guidance – More Valuable Today than Ever With the central bank’s target inflation rate of 2% it is likely that we will see some moves by the central bank by late next year to try and rein in the rapidly growing concern of hyperinflation. In September, half the Fed’s policymakers supported a rate hike late next year, while half preferred to wait until 2023 or later. It is really happening but will we see an extended time of hyperinflation and dare I say rising interest rates over the next few years? For those of you who know me well, I have been predicting rising interest rates for the better part of the last decade and have been wrong. economy since this summer have gotten worse and will likely keep inflation elevated well into next year.” Additionally, the consumer price index, according to the Fed’s preferred gauge, jumped 4.3% in August from a year earlier, the fastest such increase in three decades. I listened to Federal Reserve Chair Jerome Powell say on Friday that “the tangled supply chains and shortages that have bedeviled the U.S. But what is motivating all of these transactions – high prices, low capital gains taxes, improving market fundamentals…? These are all market conditions that we have navigated over the last 27 years of doing self-storage investment advisory work and we have never seen comparable transaction volume. Happy Thanksgiving! – Ben Vestal View Full Article(PDF) X-2021: Revisiting InflationĪs we head in to the fourth quarter, all evidence points toward a record self-storage transaction year with likely more than 5x the average number of transactions taking place. We are very thankful for our relationship. Because of our common interest in the self-storage industry, I want to share with you some takeaways and testimonials from our clients. We are honored that they have chosen an Argus Broker Affiliate to assist them in the process. For many of our clients, the purchase or sale of a self-storage property is a complex and life-changing event. Argus is the only full-service self-storage advisory firm that includes third party management, investment sales, and advisory services, so we have a unique perspective that is all-encompassing when assisting our clients with their self-storage investment goals. Over the past 12 months we have certainly seen the performance of the self-storage sector accelerate and values have never been higher.
Argus Self Storage Advisors is made up of more than 50 self-storage professionals around the country who have been helping their friends, colleagues and clients navigate the self-storage investment market for the last 27 years. This time of year, we find ourselves reflecting on the things that we are most grateful for and the people who mean the most to us. Dear Friends, Colleagues and Clients, What a year 2021 has turned out to be! First and foremost, it is our hope that you and your families stay safe and healthy during this upcoming holiday season.