Now that the effects of the credit crisis have become more fully evident while continuing to grip our economy, 2009 has revealed a repositioning within the real estate markets. Commercial real estate values are returning to the core fundamentals that always drove the market prior to the rise of Commercial Mortgage Backed Securities (CMBS). [...]
15
Oct
2009
Self Storage In Today’s Market – An Appraisers Perspective
Tags: basis points, CAP Rates, capitalization rates, cash flow analysis, commercial mortgage backed securities, Commercial Real Estate, consumer spending, credit crisis, dramatic increase, investment standards, market values, mortgage backed securities, real estate values, repositioning, self storage facilities, self storage industry, stagnation, stock market fluctuations, typical rates, unemployment rates
21
Apr
2009
Let’s Find Out What The Market Thinks About Self-Storage
Tags: Appraisal, Assessor, Banks, Cohen Financial, Commercial Real Estate, debt service coverage, james elmore, PGP Valuation, ratio, self storage industry, self storage properties, value ratios
How have the Capital markets affected lending for the self storage industry?
Like most other income property classes, with the exception of apartments, financing for self-storage properties has been hard hit with limited capital available in today’s market. Because of the management intensive nature of self-storage, lenders including banks and insurance companies who once were willing [...]