Supported by the lowest default rates of all commercial asset classes during the recent "Great Recession", self storage has emerged as a darling to investors and lenders.  Not until recently, has clear imperical data been available to support the security of investment and loans in assets within this largely unknown property type.  With VIVO's experience designing and developing C3 Modern Storage - the national 2009 "New Facility of the Year" - it is poised to improve upon an award winning recipe as it moves forward with the development of multiple facilities.

The story behind the success of apartments is clear as we emerge from one of the most financially challenging times in our country's history.  With a shift in favor of the freedom and flexibility realized from renting, the decoupling of households, and improvement in employment and job growth, the demand for new Class 'A' apartment communities will continue across the southwest.  With VIVO's unique and innovative amenity and lifestyle strategy, and an attention to detail that separates VIVO communities from the competition, VIVO will selectively develop boutique communities that will be desirable and sustainable for many years to come.