Numerous things have made this real estate cycle interesting and unique, but one of the most compelling stories over the last 10 years has been the self-storage sector. This asset class is relatively new, but its popularity continues to grow as an investment vehicle since it has proven permanent due to the fantastic price appreciation it has experienced since the Great Recession. Self-storage and mobile home parks have experienced more same-store NOI growth than any other asset class. There are always unknowns about the future and in order to mitigate these risks research and market analyses should be done.
Our guest for today is John Chang who leads Research Services for Marcus & Millichap, which is a prominent source of commercial real estate market analysis, insight, and forecasting. John is a regular speaker at conferences with thought-provoking and insightful dialog spanning economic, financial, and performance trends for virtually all commercial property types.
Today we are going to discuss…
- Why you should be cautious about over development
- Buying tendencies of baby boomers and millennials
- Markets where our guest thinks things are really over-heated
- Markets that are showing a lot of promising signs of opportunities
Learn more about our guest:
Website: marcusmillichap.com