In the inaugural episode of the AAA Storage Podcast, we sit down with Paul Bennett, the president of AAA Storage and managing director of Growth Fund One. We discuss the compelling reasons to invest in self-storage—a sector marked by its resilience and efficiency. Paul's extensive experience in real estate syndication offers a look into the strategic advantages and unique approaches that set AAA Storage apart in the industry.
Key Highlights
- Understanding self-storage’s market resilience and strong cash flows.
- Insights into the operating cost advantages of self-storage facilities.
- In-depth discussion on key investment metrics like cap rates and yield on cost.
- The distinct value of AAA Storage’s vertically integrated development model.
- Exploration of the development-driven growth and equity potential in self-storage.
Quotes
- "It's extraordinarily resilient—self-storage has outperformed every other type of real estate." – Paul Bennett
- "The yield on cost in the self-storage world is a compelling aspect of the investment." – Paul Bennett
- "Our vertical integration and focus on yield on cost allow us to drive above-average returns." – Paul Bennett
