{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The AAA Storage Podcast","title":"Growth Fund 2 — A Progress Report | The AAA Storage Podcast #45","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/e1bbf40f\"></iframe>","width":"100%","height":180,"duration":1242,"description":"Eight months after breaking escrow, Paul Bennett gives a project-by-project update on Growth Fund 2 — AAA Storage's $40 million ground-up development fund across Texas and North Carolina.\nPaul walks through where each of the fund's six active projects stands, why the national self-storage development pipeline keeps shrinking, and why he thinks that sets up a seller's market later this decade. He also shares an early read on Growth Fund 1's performance and explains how AAA Storage manufactures value through development rather than relying on appreciation.\nReady to talk about your investment strategy? Reach out at https://www.aaastorageinvestments.com/contact\nNew episodes every two weeks. Subscribe on Apple Podcasts, Spotify, or wherever you listen to podcasts, and send this to an investor in your network who needs to hear it.\nFollow and Connect with Us\n• LinkedIn: https://www.linkedin.com/company/aaa-storage-investments/\n• Instagram: https://www.instagram.com/aaastorageinvestments/\n• X: https://x.com/investments_aaa\n• Facebook: https://www.facebook.com/people/AAA-Storage-Investments-LLC/61575027573292/\nDownload our free guides to take your investing to the next level:\n10 Due Diligence Questions to Vet Any Real Estate Sponsor: https://www.aaastorageinvestments.com/info/10-due-diligence-questions-to-vet-any-real-estate-sponsor\nFirst-Time Real Estate Syndication Investor Checklist: https://www.aaastorageinvestments.com/info/first-time-real-estate-syndication-investor-checklist\nChapters\n[00:00] Introduction\n[00:16] Growth Fund 2 overview: $40 million across seven storage and four small-bay projects\n[01:00] Why the self-storage development pipeline is shrinking\n[03:45] Eight months in\n[04:00] Huffmeister and Buda: the first two projects near initial lease-up\n[06:00] Elgin and Hutto: the fund's best financing yet, and a Samsung-driven pivot to small-bay\n[10:00] Six projects, eleven planned\n[12:00] Cap rates, cycles, and the return of institutional buyers\n[13:57] Growth...","thumbnail_url":"https://img.transistorcdn.com/zLQZx-soUCuC5_nzt0ECx8UhsLSlnrRrLrJNKQf4KsU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zMDQy/MTYyYjczMjg3MGRm/NjZmMTJlMDc2ZTA0/Yzc2NC5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}