Archive for 'Economy'
Is Recession Good for Self-Storage Sector?
EBS has been in the press this week. Two interesting articles to note. The First was an article that was featured in today’s (Oct 5, 2009) edition of the San Diego Business Journal. The article was titled “Recession Good for Self-Storage Sector?” with a subtible of “Equity Based Services Sees Sales Rise, Others Don’t”.
The SDBJ [...]
Posted: October 5th, 2009 under Economy, real estate.
Tags: down economy, mini storage, Mini-Storage Messenger, press, Recession, San Diego Business Journal, Self Storage
Comments: none
Correlated and Non-Correlated Assets
by Troy Downing
There is still a lot of turmoil in the equities markets. It almost seems as if the stock market is an economic news amplifier. If there is good news, the market rises, neutral news, the market recedes, bad news and the market falls.
These movements are essentially mob-driven reactions to how the masses think [...]
Posted: June 15th, 2009 under Economy, real estate.
Tags: commercial real estate, correlation, inflation, mini storage, negatively corrleated, non-corrleated, real estate, Recession, Self Storage, Troy Downing
Comments: 1
Financial Flagellation Framing Free Falling Figures From Fearful Financiers and their Freaked out Friends, Fun, fun, fun…
Reactionary influences on the stock market, Stimulus effects, and Inflationary influences on the economy
Posted: April 7th, 2009 under Economy, Taxes, real estate.
Tags: cash flow real estate, commercial real estate, CRE, Depression, Economy, hedge, inflation, inflation neutral asset, interest rates, investing, mini storage, rental income, Self Storage, tenants, Troy Downing
Comments: none
Annual Investor Conference Call Transcript
March 16, 2009
2:00 p.m. PST
STEVE KAPLAN, CEO, EBS: Hi, I just want to welcome everybody to the first annual Equity Based Services corporate conference call. I am proud that our company has grown to the size and status that merits a call like this. And I want to thank all the investors, team members, and [...]
Posted: April 2nd, 2009 under Economy, real estate.
Tags: commercial real estate, conference call, CRE, debt, ebs, Economy, eric kaplan, howard kaplan, lending market, mini storage, portfolio, Self Storage, stephen kaplan, Troy Downing
Comments: none
Conference Call Replay
The following is a replay of the Equity Based Services Annual Shareholder Conference Call held on March 16th, 2009.
A written trascript should be available in a couple of days if you are unable to access this recording.
Opening remarks by Stephen Kaplan
Management overview by Eric Kaplan
Economy and Debt overview by Troy Downing
Infrastructure and closing remarks by [...]
Posted: March 16th, 2009 under Economy, real estate.
Tags: annual report, conference call, investments, report, Self Storage, shareholder
Comments: none
Catching the Falling Knife
by Troy Downing
It started about a year or so ago… the stock market would have a huge drop. This would be followed by a huge rally… It worked like clockwork… You could assume that if there was a huge movement in one direction, there would be a huge movement in the other direction. This volatility [...]
Posted: March 2nd, 2009 under Economy, real estate.
Tags: cash flow, commercial real estate, CRE, dow, gold, invesments, mini storage, nasdaq, Self Storage, stock market
Comments: none
Self Fulfilling Prophecy
by Troy Downing
Have you ever seen or participated in group trust exercises? Like the ones where you fall backwards and expect someone to catch you, or more appropriately, where everyone stands in a circle and sits down at once? If you have no idea what I am talking about, imagine everyone standing in a circle [...]
Posted: February 24th, 2009 under Economy.
Tags: Economy, Recession, Recovery, Self Storage, spending, trust
Comments: none
“Rapid Government Intervention” and HyperInflation
by Troy Downing
On the Eve of the Passing of a $790 Billion “Stimulus” package (one of the most expensive bills EVER passed in the history of the United States of America), I have to ponder the effects on our nation, the effects on my business, and the effects on our economy, our future, and our [...]
Posted: February 14th, 2009 under Economy, real estate.
Tags: carter, cash flow, commercial real estate, CRE, ebs, gold, hyperinflation, inflation, interest rates, investments, markets, NOI, Obama, real estate, Self Storage, stagflation, stimulus, tarp, Troy Downing
Comments: none
Correlated Assets
by Troy Downing
I used to dabble in the Stock Market. I really believed in Indexing, and on occasion, I would bet on a horse that I had a hunch on. But, usually, I wouldn’t do much better than the broader markets.
One of the things that I had trouble getting my hands on, was the feeling [...]
Posted: February 4th, 2009 under Economy, real estate.
Tags: cash flow, commercial real estate, Correlated Asset, ebs, equity based services, real estate, Self Storage, Troy Downing
Comments: none
Out of the Chute 2009
by Troy Downing
As we start the year 2009, in the midst of a year-old recession, many have questioned whether Self Storage really is a recession resistant asset. On a rudimentary level it makes sense. As the economy shrinks, many people and businesses downsize. This generally results in a higher demand for storage.
The fear is that [...]
Posted: February 2nd, 2009 under Economy, real estate.
Tags: cash flow, commercial real estate, ebs, Economy, equity based services, mini storage, NOI, real estate, Self Storage, Troy Downing
Comments: none
