The uncertainty of the financial markets over the last 30 days has had everyone on pins and needles waiting for the next shoe to drop, and it is clear that the recent bank failures have yet to fully work their way through the system, and may only be the tip of the iceberg. One certainty is that the value of self-storage properties is changing as equity providers and investors are looking for appropriate risk-adjusted returns and safe havens. The main take away from our most recent market participation is that there are still very willing buyers in the market, but the question is whether they are REAL and ABLE to execute.
III-2023: Who is Swimming Naked?
