Self-Storage REIT Outlook Remains Positive, Green Street Analyst Says
January 12, 2018 | Sarah Borchersen-Keto | Nareit
Ryan Burke, an analyst at Green Street Advisors, joined Nareit for a video interview at REITworld 2017.
Burke discussed the performance of the self-storage sector and its long-term outlook.
“Despite near-term pressures, we continue to think the long-term outlook is pretty good,” Burke said. However, he added that he expects some softening of the “very easy and supportive operating environment” that self-storage REITs have experienced in the past several years.
Burke noted that “while we do think that self-storage has seen its best days from an operating perspective, there probably are some good days that lie ahead.”
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