Welcome to the final video of the year by the Storage Stud.
For Fernando, this is a very interesting year for self-storage space. He always knew that storage space is a recession resilient asset. When you look at the past recessions that we went through, the numbers are fantastic for self-storage.
In addition to self-storage for being one of the most recession resilient assets, it also produces some of the highest returns that we have seen for the last 30 to 40 years.
Also, one of the things that Fernando and his team noticed in their portfolio of properties that they owned is that the occupancy rates are going up during the recession. He thinks that one reason for this is people were either downsizing or moving back in with their support network, like family and friends, and then placing their possessions in storage.
They also notice an increase in sales of commercial clients. They got rid of their office space and other expenses for warehousing and placing them into self-storage.
While in predictions, for Fernando it looks like the lending business is looking to place loans in their asset class self-storage.
Fernando O. Angelucci is Founder and President of Titan Wealth Group. He also leads the firm’s finance and acquisitions departments. Fernando Angelucci and Steven Wear founded Titan Wealth Group in 2015, and under his leadership, the firm’s revenue has grown over 100% year over year. Today,