crowdsource crowdsource

Big Byte Insights recently launched a free to use dashboard that maps and tracks the progress of new self-storage development projects across the country. “Our primary motivation for creating this crowd sourcing platform is to better serve our clients, who are investors in publicly traded REITs. They have often voiced their disappointment in the quality…

Federal Reserve building with twenty dollar bill on grunge texture Federal Reserve building with twenty dollar bill on grunge texture

Self-storage property owners and investors have enjoyed a long run-of historically low interest rates. Recent Fed hikes, along with views that there are more increases ahead, have kicked off a fresh wave of refinancing activity. “We’re seeing more activity now because everyone is concerned about where rates are going,” said Michael Balan, a vice president…

A collection of renderings of self-storage projects designed by ODA. A collection of renderings of self-storage projects designed by ODA.

Stephen Overcash knows that perception is everything. So when he was facing challenges in getting some of his self-storage projects approved, he coined a new term to win over reluctant zoning officials: “lifestyle storage.” “For so many years, self-storage were big, white boxes,” said Overcash, principal of Overcash Demmitt Architects (ODA). He has been designing…

3d render image of houses with graph growing 3d render image of houses with graph growing

A New York startup believes payroll data provides a more accurate view of self-storage demand than the industry’s long-held focus on population metrics. Union Realtime will soon unveil a technology offering, called Genesis, for self-storage owners/operators that tracks payroll data and other metrics to help them make business decisions such as where to acquire or…