The close of 2022 and first half of 2023 saw some turbulent waters in the real estate industry. While self-storage has proven to be “resistant” to many outside factors, our asset class has still felt the residual effects of rising interest rates, inflation, and change in economic outlook among other influences. These influences have left …
When considering a self storage conversion, it’s important to understand the most essential factors that either make or break the project. These factors include building requirements, market demand and financial feasibility. In this article, we will discuss how to maximize ROI when converting a building into a self storage facility. We’ll also review the key …
Maximizing ROI: Considerations for Successful Self Storage Conversions Read More »
Our team often receives inquiries regarding whether an investor considering a 1031 exchange can buy a replacement property before they sell their existing property. The short answer is yes, a taxpayer selling real estate can use the 1031 exchange process in reverse. Unlike a forward exchange, where sale proceeds are held in escrow, this arrangement …
REVERSE 1031 EXCHANGES – A STRATEGIC INVESTMENT TOOL Read More »
As we reflect on the year 2022, there are a lot of things to discuss regarding the current state of the self-storage market. Self-storage is often deemed as “recession resistant.” While I strongly believe that storage is one of the safest and top performing real estate asset classes to invest in, it is not immune …
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the newest addition to the Bledsoe Self-Storage Group, Andreas Makris, serving the Northeast and Mid-Atlantic markets in the Self-Storage Division. The founder of the team, Kevin Bledsoe, joined Marcus & Millichap in July 2022. Bledsoe’s …
Marcus & Millichap Adds Andreas Makris to Bledsoe Self-Storage Group Read More »
Hello clients, partners, colleagues and industry friends. As busy as life has been this last year in starting the Bledsoe Self-Storage Group, I still want to be intentional about taking a step back and sharing this journey with you. I’ve had the pleasure of meeting and connecting with so many of you in this wonderful …
PHILADELPHIA, Pa., Nov. 28, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the newly launched Bledsoe Self-Storage Group, serving the Northeast and Mid-Atlantic markets in the Self-Storage Division. The founder of the team, first vice president investments, Kevin Bledsoe, joined Marcus …
Marcus & Millichap Announces Bledsoe Self-Storage Group Read More »
Jan 06, 2021 Marcus & Millichap (M&M), a commercial real estate investment services firm with offices in Canada and the United States, hired Kevin Bledsoe as first vice president of investments. Based in Philadelphia. Bledsoe is a 16-year veteran of the self-storage industry. Most recently, he was vice president of brokerage for Investment Real Estate …
Marcus & Millichap Hires First Vice President of Self-Storage Investments Read More »