The June 2021 acquisition of MakoRabco combined Carlsbad, California-based Mako Steel, with its strong West Coast presence, and Rabco Enterprises, based in Winter Garden, Florida and well-known along the East Coast. Now with the coasts covered, the plan is to attract more business nationwide. MakoRabco since has about doubled the number of states where it…
Scott Schoettlin’s job title may have changed, but his mission remains the same: grow SkyView Advisors’ self-storage brokerage business. Schoettlin, the former senior vice president of the Tampa-based commercial real estate brokerage firm, became managing director of SkyView late last month and will now oversee the firm’s 30 employees on a day-to-day basis. The goal…
Sharpen your funding pitch and you might just end up like DXD Capital, which hoped to raise $50 million in its first round of funding but went beyond that, hitting $53 million before closing the round. “What I learned this time is that the more you have a focus and a finite strategy, the more…
Herby Bowman wants to make a deal – and he’s hoping to make a lot of them in coming years. Bowman, formerly the director of business development for Public Storage, recently joined Store Space Self Storage as the firm’s new senior director of business development. His mandate: grow the company from the 80 properties that…
The William Warren Group recently promoted Tim Hobin, 51, to chief investment officer. His duties include leading the real estate team to deliver on investment strategy, to mentor leadership and to foster investment return and growth objectives. WWG is a nationally known powerhouse in self-storage management, acquisitions and development. The company operates its facilities…
While many in the self-storage industry would be thrilled to have a repeat of 2021, a new year has dawned. The year 2022 holds plenty of promise, even if it doesn’t quite reach the record-breaking heights of the last 12 months. But who knows? 2022 could be a record breaker for you! To bring you…
This year, the self-storage industry saw three portfolios trade for well over $1.5 billion each. What did all three deals have in common? Kieran O’Shea. O’Shea, managing director of real estate investment bank Eastdil Secured, represented the sellers of the EZ Storage portfolio ($1.8 billion), the Storage West portfolio ($1.7 billion) and the biggest of…
In August, self-storage developer and operator NitNeil Partners sold a 22-property portfolio to Life Storage for $228 million in a cash and stock deal. “The business plan was to assemble an institutional grade portfolio and connect the dots between a highly fragmented industry and one going rapidly through consolidation,” said managing principal Neil Sapra. The…
Clearwater, FL-based PODS Enterprises recently expanded its senior leadership team with four new hires: Susan Jacobs was appointed Chief Marketing Officer. Jacobs will lead the moving and storage company’s marketing efforts. Most recently, Jacobs was Senior Vice President of Marketing at insurance tech startup Beam Dental, and previously a senior vice president of global brands at…
Pogoda Companies is looking to break out of its Michigan and Ohio base – and it’s hired Beau Agnello to help, operationally and strategically, achieve its expansion goals. The Farmington Hills, MI-based Pogoda recently announced that Agnello will serve as its new senior vice president of operations, overseeing its 58 owned and managed facilities in…
