Eight students of Self Storage Investing (SSI), a company focused on buying and selling self storage properties with a mission to help new investors successfully enter the business, have successfully purchased their first facilities. After completing the company’s “Mentoring Mastery” program, the participants acquired a total of 100,907 square feet across five states, according to a press release. The new owners are:
Company owner Scott Meyers has been involved in the self storage industry as a developer, owner, syndicator and operator since 2005. He owns and operates 22 facilities in nine states. The SSI teaching model includes co-investments and mentorships.
Meyers was a speaker at the 2018 Inside Self-Storage World Expo, the storage industry’s largest conference and tradeshow, where he presented a seminar titled “How to Attract Private-Equity Partners to Grow Your Self-Storage Portfolio.” The session taught attendees how to “10-X” their industry acquisitions and development projects by tapping into the billions of dollars in private capital seeking investment into the asset class. The next ISS World Expo will take place April 1-4, 2019, in Las Vegas.