The Private Equity Self Storage Model with Ryan Gibson | EP129

Ryan Gibson is the President, Chief Investment Officer and Co-founder of Spartan Investment Group (SIG). He has organised over $250 million of private equity for Spartan’s projects. Ryan has experience managing and developing SIG projects in challenging markets. For SIG Ryan is responsible for Investors relations and capital raises for projects.

 

In this episode we talked about:

• Ryan’s Background and Journey into Real Estate
• Self Storage World
• Self Storage Asset Classes: Benefits and Downsides
• Purchasing Real Estate Key Metrics 
• Finding Acquisitions
• Investors Relations
• Interest Rate Environment
• Underwriting Deals
• 2023-2024 Opportunities

 

Useful links:

https://spartan-investors.com/

E-mail: Ryan@spartan-investors.com

Linkedin: https://www.linkedin.com/in/ryan-gibson1/?trk=public_profile_browsemap

Transcriptions:

Jesse (0s): Welcome to the Working Capital Real Estate Podcast. My name's Jessica Gall, and on this show we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Ladies and gentlemen, my name's Jess Fraga. You're listening to Working Capital, the Real Estate Podcast. My guest today is Ryan Gibson. Ryan is the president, chief investment officer and co-founder of Spartan Investment Group sig.

 

He has organized over 250 million of private equity for Spartan's projects. Ryan has experienced managing and development of s i's projects in challenging markets for Sig Ryan, who's responsible for investor relations and capital raises for projects. Ryan, how's it going?

 

Ryan (49s): Good, good, thanks Jesse. Thanks for having

 

Jesse (51s): Me. Yeah, pleasure. The pleasure is mine. Thank you for being on. Really interesting. Today we're gonna be talking a little bit about your background, what you do for Spartan, and I think we're gonna dive into self storage and some of the, you know, the different applications of self storage and maybe demystify some of the, some of those topics for, for listeners that are not as familiar with that asset class. But why don't we start from the beginning. You're at Spartan now. You mentioned prior to the show you had some friends not too far from my neck of the woods.

 

How did you get started in, in our industry or, or was it in a different industry and you and you came over from there?

 

Ryan (1m 32s): Yeah, I was kind of over by your geographical side of the, of the United States in Pennsylvania was where I went to college. But actually I had a background as an airline pilot. Flew for about 17 years and then transitioned into commercial real estate investing. And the way that the kind of, the way that it happened was I actually met my neighbor who ended up being my business partner. And so kind of a unconventional way of meeting a neighbor, one of the houses for sale next to me came up and I wanted to really get the buyer in there and I convinced my neighbor to this guy to buy this house next door to us.

 

And then he convinced me to start a business. So it was a nice exchange. And then we just starte