Self-Storage REIT Report – 4th Quarter 2022

March 20, 2023

Rental growth slowed significantly across the nation in the second half of 2022 and occupancy levels also took a step back. After a record breaking 2021 and start to 2022, transaction velocity slowed in the second half of 2022 as the cost of capital surged due to increases in the Federal Funds Rate. While fundamentals are still positive, the major REIT’s have pared back growth projections in their guidance.

Download the report:  Self-Storage REIT Report 4Q22


 

For more information on the self-storage sector, please reach out to:

 

 

Douglas J. Ticus, MAI, MRICS | Principal

Infinity at Brickell

40 SW 13th Street

Suite 506

Miami, FL 33130

(847) 903-6679

dticus@capright.com

 


 

Kristopher C. Oxtal, MAI | Principal

1808 Wedemeyer Street

Suite 312

San Francisco, CA 94129

(813) 215-7071

koxtal@capright.com

 

 


Isabella C. Mendoza | Associate

Infinity at Brickell

40 SW 13th Street

Suite 506

Miami, FL 33130

(786) 797-0228

imendoza@capright.com