Over the last several weeks, top executives and self-storage owners from around the country have gathered in Orlando at the SSA spring meeting and, just last week, in Las Vegas at the ISS spring tradeshow to discuss industry trends, investor sentiment and overall market conditions. The consensus is that the industry continues to be cautiously optimistic about performance in 2022 and rising interest rates are on the front of everyone’s mind. We saw the ten-year treasury continue to rise last week and peak at over 2.9% with market volatility continuing to gain momentum. Meanwhile, self-storage operating fundamentals seem to be strong and an abundant amount of capital continues to flow into the space.
IV-2022: Change Is in the Air!
