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Self storage is a bright spot in the commercial real estate market. Once considered an interim property use, self storage today is a core asset class that attracts savvy investors and promises good growth for years to come.
Inside Self Storage Economics and Appraisal, author R. Christian Sonne, MAI, discusses how to develop the sophisticated analyses needed to assist investors, lenders, developers and owners in their self storage investment decision making.
This book includes:
An examination of the unique characteristics of the self storage industry.
An exploration of the vast array of data and tools used to perform analyses of self storage properties.
Up-to-date statistics, extracts from sample appraisal reports and real-world self storage case studies.
"Self Storage Economics and Appraisal is a concise, no-nonsense, useful resource that provides keen insights regarding the self storage industry, how self storage properties work, and how to appraise them. It has become a valuable and welcome addition to my personal reference library." Richard Marchitelli, MAI
About the Author
R. Christian Sonne, MAI, is Executive Managing Director of the Self Storage Industry Group at Cushman & Wakefield, an international advisory team that is focused solely on the self storage sector. Prior to joining Cushman & Wakefield, he founded and was president of The Sonne Group, Inc., a full-service real estate appraisal and consulting company. Mr. Sonne also founded Self Storage Economics (a division of The Sonne Group), which specialized in self storage data, research, market reports, feasibility, valuation, and consultation.
Mr. Sonne has a bachelor of science in political science from the University of Utah and has testified as an expert witness on valuation issues for litigation support. He has spoken at over a dozen conferences, and his work has appeared in publications such as PwC Real Estate Investor Survey, The Real Estate Finance Journal, Inside Self-Storage, and Mini-Storage Messenger.