Introduction… The Commercial Mortgage Backed Securities (CMBS) self-storage loans funded over the past 10 years have the lowest default rate of all property types at less than 1 percent.
This compares favorably to the 4.5 percent average delinquency rate for all commercial real estate and 3.9% delinquency rate for multi-family.
Why…why is self-storage 4.5 times better than other real estate?
This is counter-intuitive.
If this intrigues you, how may I help you? Bill@billmoist.net