In my experience, self-storage operators are typically not in default, so your best bet is to combine the efforts of both lenders and a competent broker. Lenders many times have an inside scoop they are willing to share based on conversations with the arena of their acquaintances. An assertive broker who is hungry knows how to diligently find those deals. Some my advice is to develop a two prong attack and you will find what you are seeking. Good Luck!
Aug 22, 2011