Each year, Inside Self Storage gets out the vote for the Self Storage Industry's top honors. Industry professionals vote for who they think is the best supplier in nearly 30 categories. Categories include: Best Builder, Best Finance Company, Best Architectural Services, Best Development Consulting, among many others.
Mako Steel Blog
The CMBS (commercial mortgage-backed securities) bond market is back. After slowly returning to life in 2010, the capital markets appear to be in full recovery mode, with more than 20 active conduit lenders. Recent transactions provide evidence that this capital is readily flowing to and having an impact on the self-storage lending market.
by Teri Lanza of Virgo Publishing
On Wednesday, I watched the two premier episodes of “Storage Wars", a new series on the A&E channel chronicling the exploits of four self-storage auction addicts in California. While the show certainly sensationalizes industry lien sales, its approach is no more dramatic than that taken toward the topic in national newspapers over the past two years, and I’ll admit to being entertained. The question is whether the hype will ultimately help or hurt the industry’s facility operators.
San Diego Self Storage is partnering with GreenSpot DropOff, setting up collection centers at its self-storage facilities to offer free and convenient e-waste recycling for tenants.
The Storage Business Owners Alliance (SBOA), a coalition of self storage owners and operators that formed earlier this year, joined forces with Supply Source One to host a reception to benefit the St. Bernard Project, an organization of volunteers who are helping to rebuild New Orleans homes that were destroyed by Hurricane Katrina in 2005. SBOA’s CEO, Ian Burnstein, and the national account manager for Supply Source One, Rob Vodraska, each committed to donating four dollars to the St. Bernard Project for each person who attended the reception.
Although Hurricane Katrina hit the United States five years ago, many families are still recovering from the loss of their homes, possessions and/or livelihoods, and from the loss of family members who were killed during the storm or the flooding that followed.
The St. Bernard Project was founded in 2006 by Zack Rosenburg and Liz McCartney. It has three main programs. The Rebuilding Program rebuilds homes for senior citizens, the disabled, and families which children who cannot afford to finance their own rebuilding. The Center for Mental Health and Wellness offers mental health services to Katrina victims who have ongoing mental health problems stemming from the hurricane and its aftermath. The Good Work, Good Pay program hires members of the community (primarily veterans and underemployed or unemployed people) to work on rebuilding projects. The Good Work, Good Pay hirees work in tandem with the St. Bernard Project’s volunteer building force.