Make Your Voice Heard on Capitol Hill
By Derek Czarkowski
Vice President, Investor Relations
Buchanan Street Partners
By Annie Clare
Senior Investor Relations Analyst
Buchanan Street Partners
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The letters started arriving last spring. A family we will call the Whitfields owns three self-storage facilities in a mid-sized metropolitan area, built up over twenty-five years by the founder and now run day to day by his daughter. The business is profitable, debt-free, and well regarded locally, even if rates are still set on a spreadsheet and the books are handled by a part-time employee.
Then the calls began. Regional and national storage buyers each offered to acquire the entire portfolio at a price that was difficult to ignore.
The Whitfields are a composite, but their situation is not unusual. Self-storage is one of the clearest examples in real estate of a much broader shift: fragmented, family-run industries are attracting institutional capital, and many owners do not confront the strategic implications until an offer is already on the table. Read More.
Read & Download the Whitepaper. Click Here.
About Buchanan Street Partners
Buchanan Street Partners, founded in 1999, is a real estate investment management firm headquartered in Newport Beach, California. The firm, a SEC registered investment advisor since 2002, manages commingled investment funds, institutional separate accounts and high net worth investment vehicles.
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