With a challenging environment for development, the Radius+ team took a closer look to see how the top 3 markets in Texas have been doing in regards to supply growth and how these compare to previous years.
Each of these markets demonstrates steady supply growth but has all slowed down since pre-COVID-19 development numbers (excluding the high supply growth in Dallas seen in 2021). With supply growth slowing down- this could lead to an uptick in rates in time.
Pros and Cons of Self Storage SBA Loans vs. Traditional Loans
Decide wisely between SBA and traditional loans for your self-storage business. SBA offers lower down payments, but traditional loans provide lender reliability. Make informed investment choices for your storage facility.