February 2, 2023
Storage unit damage: Who is responsible if insects or rodents attack?

Too often, you don’t think about needing a protection plan until it’s too late. But, if you are renting a storage unit, or considering renting one, you need to hear what happened to one woman whose items were damaged. Kara McCormick needed storage during a recent move. So she rented a unit at an Extra […]

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January 31, 2023
Lacking Property Sales Data, Appraisers Look to Other Marketplace Drivers to Value Assets

Rising interest rates are having a snowball effect on all aspects of commercial real estate, limiting access to debt, increasing the cost of capital, lowering yields and leading to a significant decline in investment sales. These factors have created uncertainty around figuring out accurate asset values and widened the gap between sellers’ asking prices and […]

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January 31, 2023
Target aims for Charleston distribution site, following Walmart's lead

Retail giant Target Corp. is looking for an import distribution center in the Lowcountry after bringing cargo through a temporary warehouse set up at the Port of Charleston's Leatherman Terminal these past few months. Target, the nation's second-biggest importer behind Walmart, has been using a portable cross-dock hub built on a future expansion site at […]

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June 27, 2022
4 Recession-Proof Real Estate Investments for Your Portfolio | The Motley Fool

Inflation is higher than it's been in decades, signs of more supply chain problems to come are increasing, and the stock market is down over 20% on the year. It's looking like we may be close to a recession, but that doesn't man you should panic. We tell stock investors that short-term pains should largely […]

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May 17, 2022
Charleston-area apartment communities sell for $18M and $24M in separate deals

A pair of Charleston-area apartments recently changed hands in separate deals.  Ohio-based real investment firm CREC Real Estate recently partnered with Rincon Capital Partners of Miami and Colombia, South America, to buy the 96-unit Planters Trace Apartments at 2222 Ashley River Road near the Mark Clark Expressway for nearly $18 million, according to Charleston County […]

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April 12, 2022
3 Top REITs to Buy in April | The Motley Fool

Real estate investment trusts (REITs) are coming off a strong year in 2021. The average REIT delivered an impressive 41% total return last year, which outperformed the S&P 500.  However, this year is a slightly different story as the average REIT is down double digits. That has several trading at more attractive valuations and higher dividend […]

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December 9, 2021
Virginia Housing Funds Affordable Housing Developments Using Modular Construction

Construction of Gateway Senior Apartments in Fishersville, Virginia Over the past decade, Virginia has been experiencing constant population growth. While this is positive news for the state, it also shines a light on the staggering need for more affordable housing. As of 2019, of the over 8.5 million people residing in Virginia, roughly 9.9% are estimated […]

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September 1, 2021
Adding New Income Streams with Commercial Real Estate

Now more than ever, additional income streams are becoming more and more appealing and common. While you may have considered other income streams, like investing in the stock market, or maybe you’ve started your own business this year, then you know there is a wealth of potential to earn income outside of the 9 to […]

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August 23, 2021
Manhattan Mini Storage’s Price Tag Highlights Self-Storage’s Appeal

One of the city’s best-known moving companies is hawking their properties for a price that would make the cast of A&E’s “Storage Wars” do a triple take. Edison Properties, the owner of Manhattan Mini Storage, hired Eastdil Secured to unload 3.1 million square feet of storage space for more than $3 billion, at a time […]

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August 16, 2021
4 Key Security Features to Look for in a Self-Storage Unit

4 Key Security Features to Look for in a Self-Storage Unit   Nowadays, the need for that “additional space” has been growing. From sheltered parking lots to garages, individuals need storage units to place their vehicles/belongings. For this reason, they are turning to commercial self-storage units that come with all the required security features. If […]

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