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But that changed with the Acadia-Storage Post deal and a few other transactions, where the cap rates were similar to those on trophy office skyscrapers and upscale apartment buildings.
WSJ: Self Storage Gains Cachet as Values Rise
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Late last month, the Washington Post published an investigation revealing that financial transactions between doctors and drug companies contributed to the epidemic abuse of prescription painkillers.
FORBES: Prominent Doctors Call For Action On Transparency Law
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International banks that would never deal with Bank Sepah have been handling these transactions that they think are really for Post Bank.
WHITEHOUSE: Press Briefing on BP Oil Spill
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Locally, however, the natural disaster caused a drop in sales in the Northeast as power outages delayed transactions and some lenders demanded new inspections post-storm.
FORBES: Housing Recovery Continues To Take Shape Despite Superstorm Sandy And Looming Fiscal Cliff
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The reason: most business transactions were already done at a distance, whether by fax, telephone, post, or private electronic links.
ECONOMIST: Electronic commerce
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Finally, sponsor-to-sponsor transactions will stay strong for all the compelling reasons discussed in our earlier blog post, although PE firms may encounter stiffer competition from strategic acquirers.
FORBES: Exit Pressures Are Building In Private Equity
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Consumer advocates have criticized banks for playing games with customer accounts, like manipulating activity to levy overdraft penalties on the maximum number of small transactions, and then increasing them based on how long it takes for a deposit to post to an account.
FORBES: Pending Legislation Might Limit Overdraft Fees