Canadian Self Storage Info

Today we take a look at Feasibility Studies, what they are how we do them and why you need one. Please feel free to Email me with any questions or if I can help you out with a Feasibility study. Keep an eye out for our market area products coming real soon. Patrick [email protected]

Today we discuss the rise of the Mega Self-Storage facility in Canada. Recently we have been seeing proposals for more facilities over 150,000 Square Feet of rentable space. We discuss some of the issues and give our suggestions on how to undertake one of these projects. Please feel free to email me at [email protected] with … More Mega Projects

The announcement came at 7:00 Am EST…..I know this because my phone started ringing about 10 minutes later from east coast Clients. Time zones are not a thing when you live in Toronto. This sale is very important as it sets a new benchmark for portfolios in Canada as well as for valuation in the … More Storage Vault Buys Real Storage for $275 Million

Happy New year everyone.  We are back from the holidays and a big office move that took about two (three) weeks longer than expected.  I think by now I have gotten back to everyone that has called an email and sorry for the delays on that (Pro Tip, don’t move offices over the Christmas holidays, … More 2019 the Year to Come in the Self Storage Industry and What We’re Up To

Hello Everyone, Today we will be discussing the Cap rate of a sale and what it means when someone says “Based on Actual” or ‘Based on Stabilized” income. I wanted to cover this topic now as there will be some sales in the lower mainland of BC announced in the next week or so where … More Cap Rates – Actual vs Stabilized

Here is my talk in Toronto at the 2018 CSSA.   Please feel free to reach out with any questions you might have.   Patrick [email protected]

The 28 Day Billing Cycle   What is it? Should you use it?   One of the most frequent questions I get asked is about ways to increase the revenue of a facility.  Typical answers after looking at the current state of a facility rage from start selling merchandise and insurance, ensure collection on delinquent … More The 28 Day Billing Cycle

One of the most asked questions I get when presenting is “What are Current Cap Rates”.  My typical answer is that Cap rates are very area dependent and also depend on quality, condition and the fundamentals of each facility.  If that’s a question you have please feel free to reach out to me and we … More Q3 2018 Cap Rate Trends

Recently, the City of Vancouver introduced sweeping changes to zoning regulations across the city allowing duplex developments on 99% of all lots zoned for single family use in the city.  This change essentially allowed for a doubling of density in many areas overnight.  Although these changes will take some time to happen as I don’t … More The Shrinking Average Unit Size

My 2018 Market update for the Red Deer CSSA show with Q&A at the end