Nick Malagisi, Chairman, National Self Storage Council | svnstoragerealty.com
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 Nick Malagisi, Chairman, National Self Storage Council
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Newsletter Content:

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"The Lost Year" 

*REIT Stock Performance During the Pandemic, 
Hans Hardisty, MBA, CCIM

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Just Listed! Fairview, New Jersey

* What a year in real estate!

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Sold! 14 Railroad St, Rochester NY

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"The Lost Year" 
by Nick Malagisi, SIOR 

The year 2020 has certainly turned out to be the "Lost Year" for me; the year without me attending any one of the many self storage conferences I usually attend, sponsor, exhibit or am a guest speaker.
 
Yes, business is still there to be had, but our marketing efforts have certainly been diverted from "In Person" events to "virtual/zoom" meetings and digital/tech improvements.
 
For example, our annual New York Self Storage Association's Real Estate & Capital Markets "Investment Forum", the first major self storage conference of the new year, is still scheduled for the first week of January; but it will not be an In Person event at the prestigious Union League Club venue in New York City as it has been for the past 15 years.
 
It will still be a great event and I trust many of you will tune in to listen to the "NAREIT chief economist, Calvin Schnure, speak on "2021, A Year of Reopening and Recovery"; our SSA National President, Tim Dietz, express his thoughts on the state of the industry; our Capital Markets team from Talonvest Capital discuss current debt/ equity opportunities; and then capping the three hour session in a candid dialogue with the Real Estate VP's from four of the public REIT's, yours truly as Moderator.
 
But the end of the year is usually a good time to reflect on the events of the past year and make note of the many things we have to be Thankful for in our lives, starting with Good Health. The Covid vaccine is being distributed and with that, hopefully some new form of Normalcy will return to our lives and businesses shortly.
 
A Very Happy, Holiday season to all our friends and a Healthy, Prosperous New Year!




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Self Storage Stock Performance REIT,  By Hans Hardisty, MBA, CCIM

 
In March, we reported that the Self-Storage REIT stock prices had declined by 31% on average across the top six publicly traded companies in just one month. All of us were in uncertain territory only a short time ago...... 
Continue reading by clicking here




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For Sale: Long - established Presence in the Market; 51 Broad Ave., Fairview NJ  (click here) 51 Broad Flyer

 



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"What a Year in Real Estate for the Self Storage Industry." by Nicholas Malagisi, SIOR

Four notable trends are continuing from the previous 5-6 years or since the end of the last recession in 2012/2013. Those trends are that institutional capital continues........ Article (click here)

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SOLD! 14 Railroad St, Rochester NY

 




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855.304.0443
Nick Malagisi@svn.com
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Nick Malagisi, SIOR
 
Chairman, National 
Self Storage Council

716.633.9601
855.304.0443

Nick.Malagisi@svn.com

P.O. Box 1015
Buffalo, NY  14231  USA

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