The holidays are upon us and cautious optimism is certainly present in today’s real estate market, including self-storage.  The recent presidential election along with the softening of the self-storage REITs operating data has momentarily caused the market to pause as many investors and financial institutions, both big and small, are pulling in the reins and exercising discipline. The ten year treasury has been gradually moving up from a low of 1.37% in July to over 2.4% in early December, with the largest jump coming just weeks after the presidential election.