223. Buying Storage During Down Markets - Acquisitions w/ Brian Mullally
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Show Notes
Real estate took a hit in 2023. Many companies were laying off their deal acquisitions teams. Because it's true - real estate transactions are down massively. But deals still happen. 70% of our deals this year has been off-market deals. This looked very different just a few years ago.
In this episode, we brought on Brian Mullally, our VP of Acquisitions from Cedar Creek Capital.
We talk about key aspects, such as
- Effect of 2023
- Why Buying Criteria is important
- Challenges and notes going forward in 2024
At the end of the day, we are a value add company. That's our strategy. It's what we've used to great long-term wealth and build our ecosystem of products. With this endgame in mind, we diligently pursue deals no matter the market conditions.
And you should too.
Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: https://cedar.cc/invest
Our Sponsor - Tenant Inc. - https://www.tenantinc.com/
Ready to buy storage? Have our team do the leg work for you! Our feasibility studies: https://www.selfstorageincome.com/feasibility