National Self Storage Association News & Updates

  State and Local Restrictions on Lien Sales and Late Fees  When the coronavirus began to spread throughout the United States, several states and localities enacted restrictions on foreclosures and evictions. Although most covered residential foreclosures and evictions that are not applicable to self storage, some states expanded those restrictions to cover commercial or non-residential evictions and foreclosures as well. Self storage lien sales are not evictions in the usual...

Some state and local governments have orders in effect that may limit operations. The list below is intended to capture recent orders from November 16, 2020 to present. For a list of other measures and orders that may still be in effect, click here. If you see a new order in your area of operation that is not covered in the list below, please email Joe Doherty or Daniel Bryant. Alabama: Alabama extended the Safer at Home order. Alabama extended its Safer at Home order until January 22, 2021...

Joe Shoen, Ramey Jackson, Aaron Eldridge Begin Terms

No on Prop 15 co-chair and California Business Roundtable President Rob Lapsley applauded the efforts of the self storage sector in defeating California's Proposition 15. Prop 15 would have resulted in dramatically higher property taxes for commercial properties. Self storage accounted for more than $3.5 million of the $75 million opposition fund."Prop 15 was defeated as a direct result of the outstanding support of the self storage industry," said Lapsley in a note to SSA leadersh...

UPDATED: November 11, 2020 at 11:00 a.m. (ET)  Preventative Measures That Self Storage Operators Must Follow As the country begins to reopen, you have likely seen that state and local governments have imposed restrictions on business operations, such as requiring face coverings and limiting the number of patrons at the site, in an effort to combat the further spread of coronavirus (COVID-19). Below is a list of most of the Executive Orders from Governors, as well as some local directiv...

The unprecedented West Coast wildfires have burned a heartfelt question into the minds of SSA’s staff and leadership: “How can we help?”

 Self Storage REITs Weather Difficult Quarter, See Quick Rebound By Laura Williams-Tracy, SSA Magazine It was a quarter fraught with uncertainty, new cleaning and rental protocols, and far fewer new faces at the customer service counter. In all, self storage appears to have weathered Q2 of 2020 with few battle wounds. Those smarting from a steep drop in rentals or delinquent payments in the spring may already be feeling a rebound. Based on analyst calls with the largest publi...

During this year of turmoil, the SSA has been busy advocating for, protecting, and educating owners and operators.

Leading Self Storage Executives, Navy SEAL and Astronaut Among Those Helping SSA Celebrate 45 YearsOnline Fall Conference Set for September 8-11The Self Storage Association announced today that it will celebrate its 45th Anniversary this year virtually, with an incomparable lineup of industry expertise, executive participation and compelling talent.Due to the continued uncertainty involved in travel and gathering, the SSA Board of Directors has decided that the event will not take place in Las V...

 How Storage is Weathering the Pandemic and Recession Self storage proved itself to be recession-proof during the financial crisis of 2008. Now the question is whether it can fare equally well during a pandemic.May would have typically been the middle of prime leasing season as families tackle spring cleaning, purchase and store recreational equipment for the summer, and college students stash refrigerators and furniture until next semester.This year is quite different for the industry...