Equity Based Services, Inc

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.” [...]

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 [...]

According to the 2009 Top Operators list published annually by the Mini Storage Messenger, Equity Based Services, Inc. is number 12 in the Private Sector with more than 4.3 Million Net Rentable Square Feet of Self Storage owned and operated. If you include the 5 public REITS, EBS is number 17 in the Nation. All [...]

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 [...]

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 [...]

by Troy Downing
There is no question that acquisitions in Self Storage Properties have slowed down in the last year. There has been very little news of the big public operators acquiring new facilities. One of the smaller newcomers, SST has been moving on some small portfolio deals, but, in general acquisitions are slow.
There are a [...]

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 [...]

Reactionary influences on the stock market, Stimulus effects, and Inflationary influences on the economy

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 [...]

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 [...]