{"id":3313,"date":"2018-10-15T01:00:46","date_gmt":"2018-10-15T01:00:46","guid":{"rendered":"https:\/\/libertysbf.alliancetek.net\/?p=3313"},"modified":"2018-10-15T01:00:46","modified_gmt":"2018-10-15T01:00:46","slug":"news-roundup-self-storage-rides-a-high-rate-hikes-havent-ruined-things-and-the-dawning-of-the-age-of-the-cheap-chic-hotel","status":"publish","type":"post","link":"https:\/\/libertysbf.alliancetek.net\/index.php\/news-roundup-self-storage-rides-a-high-rate-hikes-havent-ruined-things-and-the-dawning-of-the-age-of-the-cheap-chic-hotel\/","title":{"rendered":"News Roundup: Self-Storage Rides a High, Rate Hikes Haven’t Ruined Things and the Dawning of the Age of the Cheap Chic Hotel"},"content":{"rendered":"

<\/h3>\n

 <\/p>\n

Self-Storage Is Up 120%+, Still a Good Bet<\/h3>\n

\"interior<\/p>\n

Let\u2019s face it, we\u2019re addicted to stuff. And self-storage facilities are there to help. That\u2019s why self-storage sector REITs are up 120.6% in the last eight years. While self-storage rental rates may no longer be growing by double digits, many professionals see plenty of positives<\/a> in the sector\u2019s future.<\/p>\n

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Liberty Finances $1.9 Million Self-Storage Facility<\/h3>\n

\"Self<\/p>\n

Liberty SBF has provided nearly $2 million in SBA 504 financing to a self-storage facility in Panama City, FL. The loan allowed the owners to refinance their property, while taking advantage of the low fixed-interest rates and long terms of SBA 504 loans to improve their cash-flow position.<\/p>\n

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Rate Hikes Haven\u2019t Impacted Pricing or Volume \u2026 Yet<\/h3>\n

\"skyscrapers<\/p>\n

While the Fed keeps bumping interest rates higher, and plans to keep doing more of the same, real estate pricing and availability have yet to show repercussions. Globe St. reports <\/a>that while pricing and sales velocity are currently remaining unchanged, things could slow down toward the end of the year.<\/p>\n

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Affordable, Trendy Hotels Cash in on Consumer Demand<\/h3>\n

\"modern<\/p>\n

What do millennials want? Good design. And what do they want to pay for it? Not much. The New York Times<\/em> is reporting<\/a> on the rise of the cheap, chic hotel that\u2019s meeting consumer demand with low-priced rooms combined with trendsetting designs. And consumers can\u2019t get enough.<\/p>\n

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Liberty Finances Hotel Projects in Georgia and Utah<\/h3>\n

\"st<\/p>\n

Liberty recently provided funding for two hotel projects, a $7.7 million loan for a hotel on St. Simons Island, Georgia, and a $4.7 million SBA 504 loan for a hotel acquisition in Midvale, Utah.<\/p>\n

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Industrial Property Activity Spikes in the Midwest<\/h3>\n

\"aerial<\/p>\n

For months, East and West Coast metros have been feeling the heat of incredible demand for industrial properties, fueled by the \u201cAmazon effect\u201d and e-commerce logistics. Now, it looks as though the Midwest is getting involved<\/a>, with a 103% increase in industrial CRE investment in Columbus, a 41% increase in Chicago and a 29% increase in Indianapolis.<\/p>\n

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How Can We Help You?<\/h2>\n

Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We\u2019d love to help you.<\/p>\n

Let’s Talk.\u00a0<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

  Self-Storage Is Up 120%+, Still a Good Bet Let\u2019s face it, we\u2019re addicted to stuff. And self-storage facilities are there to help. That\u2019s why self-storage sector REITs are up 120.6% in the last eight years. While self-storage rental rates may no longer be growing by double digits, many professionals see plenty of positives in […]<\/p>\n","protected":false},"author":1,"featured_media":3316,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[13],"tags":[15,8,14,9,18,10,19],"class_list":["post-3313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sba-small-business-news","tag-commercial-real-estate","tag-hotels","tag-industrial","tag-liberty-sbf-news","tag-business-loan-rates","tag-sba-504","tag-self-storage"],"_links":{"self":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts\/3313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/comments?post=3313"}],"version-history":[{"count":0,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts\/3313\/revisions"}],"wp:attachment":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/media?parent=3313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/categories?post=3313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/tags?post=3313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}