Equity Based Services, Inc

Equity Based Services, Inc. and principals Stephen Kaplan and Troy Downing spent an evening with the Cystic Fibrosis Foundation to help raise money to fund research to find a cure for this debilitating disease.
Mr. Kaplan was a table sponsor and competed in the pro/am tennis match that followed the event. Donors sponsored teams by bidding [...]

by Troy Downing
If you build it, they will come. In the heady, cash flowing, free lending days of the first half of the decade that may have been the case, but, as we’ve all seen, the times they are a changing.So where are the opportunities today? We keep hearing the mantra “self-storage is recession proof.” [...]

Dear Friends and Partners;
Stephen Kaplan and I share a vision of giving back to the community where possible and supporting the efforts of others who are, in our opinion, striving to make the world a better place, performing admirable work in finding cures for debilitating diseases, and/or create opportunities where there is need.
Stephen and I, [...]

It’s been a great week at EBS with the successful refinincing of a construction project in Arizona, and the acquisistion of Advantage Storage in Rockwall, Texas.
Rockwall has great demographics (one of the fastest growing and wealthiest counties in the country) and is a stabilized Class-A facility in a city with a moratorium on any new [...]

Here are a few highlights for operations for the month of June, 2009.
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Storage Inn of Las Vegas, NV

Occupancy remains 88%+/-.Â
Year to date we have been able to decrease expenses by approximately 5% compared to last year.

Pro-Storage Chattanooga, TN

Occupancy remains 90% +/-.
Year to date through June 30, 2009 we have been able to [...]

Today, EBS is announcing the acquisition of two new facilities in Arlington, TX. These facilities were financed with a limited recourse, interest-only loan that has a term of 5 years, first year I/O and the remaining term amortized over 25 years.
The loan is floating rate based on Wall Street Journal Prime and is starting at [...]

by Troy Downing
In the Self Storage Industry tenants store at their own risk. The vast majority of Self Storage leases state that the owner/operator assumes no risk of loss or damage to contents due to flood, fire, earthquake, burglary, or pretty much any other peril.
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This doesn’t mean that Self Storage owner/operators won’t give some sort [...]

by Troy Downing
In early 2008, MJ Partners brought us a storage deal in Palm Desert, California- Desert Country Club Self Storage.
Historically, California had been a difficult market for us to make sense of. Since we are primarily a cash flow oriented operator, and we typically leverage acquisitions between 65 and 80% of the purchase price, [...]

by Troy Downing
20 January 2009
I consider myself both a fiscal and social conservative. I’m not fully on board with the GOP, as I, like many others have been alienated over the years by the Republican Party. The party struggles to remain current and reflective of the views of its constituents.
I was not a supporter of [...]

We at Equity Based Services wish you and yours Happy Holidays, Merry Christmas, Happy Chanukah, or just a happy winter solstice… However you celebrate the holidays, we hope you are spending time with friends and family and we all look forward to a prosperous New Year.