The case for investing in secondary and third-tier markets
by Mike Consol
AJ Osborne has been investing in self-storage since 2004, and in that time he has developed a finely calibrated map of the American real estate landscape — one that looks nothing like the conventional wisdom that equates safety with size. As CEO of Cedar Creek Capital, Osborne oversees a portfolio spanning roughly 12 states, from Phoenix and Dallas-Fort Worth to Iowa, Oklahoma and the Pacific Northwest. His specialty is secondary markets, and his track record there, he says, is ...