Equity Based Services, Inc

Equity Based Services, LLC (“EBS”) closed on two new Self Storage properties, one in Colorado and one in Texas with new, non-recourse life insurance notes.

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 [...]

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 [...]

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 [...]

by Troy Downing�
Generally, when we talk about Self Storage Real Estate Investments, the topic of tax sheltered income comes up. This is a great way of deferring taxes on a large portion of the income that a real estate investment makes. But what about growing and accumulating this income tax free?
Real Estate belongs in your [...]

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%+/-.�
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
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 [...]