Private members clubs are no longer limited to major global cities such as London, New York, or Los Angeles. Over the past decade, the success of brands such as Soho House, The Ned, and NeueHouse has demonstrated growing demand for hospitality concepts that combine community, wellness, dining, workspaces, and exclusive experiences under one roof. Recently, DeronServices completed a feasibility study for a proposed Lifestyle Hospitality & Private Members Club in Memphis, Tennessee. The project explored whether a secondary U.S. city could support a premium membership-driven hospitality destination. The findings revealed several valuable insights for property owners, developers, and investors considering similar concepts. Why Private Members Clubs Are Growing Consumer preferences have changed dramatically. People increasingly seek: Meaningful social connections Flexible work environments Wellness-focused lifestyles Curated experiences Community-driven destinations Traditional ho...
1. Introduction The self-storage industry has evolved from a niche real estate segment into one of the most resilient and attractive asset classes within the broader commercial property market. Over the past two decades, changing lifestyles, urban expansion, rising mobility, and increasing vehicle ownership have contributed to steady demand for storage solutions across residential and commercial markets. Traditionally associated with personal storage units, the industry has expanded significantly to include outdoor RV storage, boat storage, contractor vehicle parking, fleet storage, and climate-controlled facilities. Today, self-storage businesses serve a wide range of customers including homeowners, small businesses, contractors, recreational vehicle owners, e-commerce operators, and seasonal travelers. One of the key reasons self-storage has become increasingly popular among real estate investors is the relatively simple operating model combined with recurring monthly revenue potenti...