SVP of SafeGuard Storage talks the downside of a historically long economic climb.
About this episode
Thaddeus Campbell interviews Stan Bonilla about the challenges and strategies of Safeguard Self Storage in a changing economic landscape.
I sit down with Stan Bonilla , Senior Vice President of Asset Management and Development at Safeguard Self Storage , for a deep dive into the institutional side of the business . Stan brings decades of experience to the table, and in this episode, he pulls back the curtain on how a privately held REIT managed by Morgan Stanley navigates a turbulent 2026 market . We discuss Safeguard's recent pivot from ground-up development to aggressive acquisitions and why their all-cash buying power allows them to close multi-million dollar deals in under three weeks . Stan also provides a sobering look at the legislative climate in New York and the SSA's vital role in protecting owners from rent control and over-regulation . Key Takeaways from this Episode: Economics 101: Why the current decline in rates is management-driven and necessary for absorbing oversupply . Institutional Flow: A case study on why merchant developers are selling portfolios to aggregators like Carlyle, who then flip to REITs . Predictable Rates: Why "stable" interest rates are more important than "low" rates for getting deals to pencil . The Merchant Risk: Why 3rd party management platforms can sometimes encourage risky…
More episodes of Stories Behind the Door
- An entire legal career in Self Storage has Scott Zucker's fingerprints everywhere.
- Frank Forte Quite NYC Investment Banking to Build Something True to his Jersey Roots
- Two Decades in Storage Gave Him the Problems, his Entrepreneurial Spirit is Finding the Answers
- Nagesh Anupindi embodies the American Dream. Humble Beginnings in India to Business success in the USA.
- Two friends from Georgia Tech are reshaping small town Self Storage with a tech centered approach.
- It started as a tech driven way to help New Yorkers find space, now it's helping Storage owners grow NOI nationally.
Explore listener stats, chart rankings, contacts and more on the Stories Behind the Door podcast page.