Despite uncertain economic conditions, the self storage industry continues to weather the storm and perform well. Strong occupancy driven by sustained demand, combined with positive street rate performance and stable development activity, has demonstrated the resilient nature of the sector. As self storage continues to outperform many other commercial asset classes, there has been increased investor interest and several notable acquisitions. Join our webinar on March 24 as we cover important topics impacting the self storage market.
Topics will include:
• The current macroeconomic landscape
• Demand drivers and their impact on the self storage market
• A deep dive into transactions amid a surge in investor interest
• Self storage fundamentals, including street rate performance, the development pipeline and new supply forecast
Webinar recording and slides are available HERE.
A webinar recording is also available at the link below.
Jeff Adler is Vice President, Yardi® Matrix, which offers the industry’s most comprehensive market intelligence service for multifamily, office, industrial, self storage and student housing property types.
He also serves as Yardi’s industry principal for the self storage, manufactured housing and associations markets. Prior to joining Yardi, Mr. Adler held positions at AIMCO, Progressive Insurance, Oppenheimer & Co. and Strategic Planning Associates Inc., among others. He holds a bachelor’s degree from Yale University and an MBA from the Wharton School of the University of Pennsylvania. Mr. Adler is a Board Member of the National Multifamily Housing Council (NMHC), Chairman of the Urban Land Institute’s (ULI) Multifamily Silver Council and lecturer at Harvard University’s Graduate School of Design Real Estate Executive Education program.
Jack Kern is the director of research and publications for Yardi Systems, Inc., and is responsible for the data analytics team at Yardi Matrix and the information publishing group in New York City comprised of Commercial Property Executive and Multi-housing News.
The Yardi Matrix product suite is being greatly expanded to provide clients with extensive analytical capabilities and will encompass broader coverage nationally soon. Within the news and information publishing group, additional reporting and market data is becoming available that encompasses all property sectors and specialty areas, including energy. Prior to joining the firm Kern served as the managing director of consultancy Kern Investment Research, a national research practice with clients across the U.S. and Europe. Earlier in his career Kern worked at both Archstone-Smith where he managed their global research operation and the Charles E. Smith companies a firm subsequently acquired by Archstone.