State of Investment Sales 2023

The capital markets are the biggest wild card of the group. A few weeks ago, it looks like we finally had a clear path towards stability. But then we received a better than expected jobs report, the Fed chair signaled further aggressive rate hikes, and the 16th largest bank in the United States collapsed. On…

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State of Capital Markets 2023

And finally, investment sales. What’s going on with buyers, sellers and pricing? Now the volatility of the capital markets really slowed down transaction volume in Q4 of last year, but we’re starting to pick up steam now and we really expect that momentum to continue over the next 6 to 12 months. Currently, we’ve got…

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State of the Market 2023 Operations

We wanted to do a kind of “state of the market” just to let you all know what we’re seeing and hearing out there as it relates to operations, capital markets and investment sales. So we’ll start with the boots on the ground. Now, everyone from the REITs in their quarterly reports that just came…

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How Will Interest Rates Impact Real Estate Values?

Hello. I’m Brandon Karr with Marcus & Millichap. I lead the Karr Self-Storage Team in our Fort Worth, TX office and in our latest ‘Ask the Broker’ video, we wanted to talk a little bit about how interest rates could impact the value of your self-storage real estate moving into the 2nd half of 2021…

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How Will The Biden Administration’s Policies Impact Real Estate Owners?

Potential Tax Legislation Hello. I’m Brandon Karr with Marcus & Millichap. I lead the Karr Self-Storage Team in our Fort Worth, TX office and in our latest ‘Ask the Broker’ video, we wanted to talk a little bit about how potential tax legislation being proposed by the Biden Administration could impact real estate investors.  Build…

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How You Should Handle Unsolicited Offers For Your Property

Receiving too many Off-Market Offers? Hi this is Danny Cunningham with the Karr Self-Storage Team here in Fort Worth, TX.  It seems that every storage owner I talk to or meet with lately tells me that they are getting bombarded by folks trying to solicit off-market offers to purchase their facility.  Whether the interest is…

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2021 U.S. Commercial Real Estate Investment Outlook

Health Crisis Upends Commercial Real Estate’ Uncertainty Will Carry Well Into 2021 Pandemic Transforms Commercial Real Estate. COVID-19 changed the world in early 2020 as efforts to curb the spread of the pandemic had a dramatic impact. Stay-at-home orders, the need to physically distance, and having to abide by health and safety protocols had harsh…

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How is Covid 19 Impacting Interest Rates and Leverage

Introduction Today we are discussing the capital markets in broad strokes with some finer points relative to the self-storage asset class. Specifically, with COVID, where are we today? Is the market influenced exclusively by where treasuries are? Is it sponsor specific? Is it geographically based? What about rates? Broad Strokes With a broad stroke, rates…

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How is the Size of the Loan Impacting Rate and Leverage

Discussion about Capital Markets Introduction Karr Self Storage spends most of the time in the primary markets throughout Texas. But, one of the interesting things that were seen that is relative to the capital markets is an interest in secondary markets. A portfolio was recently closed out in The Permian in West Texas, not too…

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Is Now A Good Time To List And Sell My Self Storage Facility

The short answer is yes. Pricing for self-storage facilities is as attractive now as it has ever been for a few different reasons. The first comes down to simple supply-demand. There are fewer properties on the market right now than there have been at any point in time in the past five years. And there…

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