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Monday Sessions
Co-sponsored by
How to Develop Storage When Money is Mean, Profits
are Lean, and You Want to Go Green
Monday, Jan. 26,
10:30-11:30 am
This seminar looks at ways to hurdle some of the major obstacles that can arise when developing a self-storage project: financing, market conditions and design challenges. In today’s struggling economy, self-storage lenders expect more detailed loan packages than in the past. Our presenters will talk about what lenders look for when financing a new property. In addition, they’ll delve into the market conditions and demographics that make storage the highest and best use of a property under the “new rules.” Finally, they’ll address options for green building when the bottom line controls the final design. You’ll learn about environmental design and cost-saving tactics that improve return.
Speaker:
James Bratton and
Greg Godsey, MST
Constructors Inc.
Reality Check: Self-Storage Feasibility, Resources and Recommendations
Monday, Jan. 26,
1-2 pm
Looking to start a self-storage project or simply finish one? Then this is the feasibility session for you. During this seminar, you’ll hear a candid assessment of the self-storage business―and the prospects for getting into it―given today’s economical climate. It’s an opportunity to soberly ask yourself if your proposed project is viable. What resources are available to you? How do you move forward? Our speaker will provide several recommendations to help make your project a success.
Speaker:
Jim Chiswell, Chiswell & Associates LLC
Form Follows Function: Maximizing Your Self-Storage
Investment
Monday, Jan. 26, 2:15-3:15 pm
This seminar focuses on critical planning and design
approaches to help self-storage developers maximize the
return on their self-storage investment. Our speaker
will address life-cycle analysis and how it relates to
project feasibility, efficiency, site design,
architectural design, operations and mechanical-system
design. If you’re looking to develop a storage site,
you don’t want to miss this expert insight!
Speaker: Bert Brown, EGAD Architectural &
Engineering
Trends in Self-Storage Valuation: How Is the Economy
Affecting Your Facility’s Worth?
Monday, Jan. 26,
3:30-4:30 pm
The economy, housing market and financial crisis are
impacting the operating performance and value of
self-storage facilities nationwide. The impact is not
universal, however, so get the facts! In this vital
session, our presenter will share the things you need to
know before making any major investment decision. You’ll
learn why facility performance and value do not necessarily
go hand-in-hand as well as factors to consider when buying,
selling or refinancing. You’ll get insight into what the
bank appraiser might be thinking when you attempt to
refinance and what you should discuss with him before he
reaches his conclusion. You’ll also get suggestions for
what to tell the tax assessor if your market is, in fact,
overbuilt. Finally, you’ll get an overview of how
self-storage is performing in some of the nation’s riskiest
real estate markets, which could provide insight to how
your market might perform in the months ahead.
Speaker:
Charles Ray
Wilson, Self Storage Data Services Inc.
Tuesday Sessions
Purchasing Existing Self-Storage Facilities, Safely
and With Nothing Out of Pocket
Tuesday, Jan. 27,
8-8:50 am
Learn how to purchase existing self-storage
facilities with no money out of your own pocket! Our
speaker will discuss his personal strategies for
building a self-storage empire such as self-direct
IRAs, seller carrybacks, private lending and others
that will allow you to take advantage great
self-storage deals. You’ll get secrets for acquiring
sites without using a dime of your own money―the safe
way.
Speaker:
Scott Meyers,
Self Storage Profits Inc.
Using Solar Covers in Storage: Politically Correct and Profitable
Tuesday, Jan. 27,
9-9:50 am
“Green” design and construction practices can provide a higher return on investment over the lifespan of a facility than building strictly to local codes. This session will explore how green building techniques can lower your initial investment costs and reduce long-term energy expenses. It will also explain the LEED Green Building Rating System and present several design strategies for making self-storage more sustainable.
Speaker: Bob Hayworth, Baja Construction Co.
Project Feasibility: Developing Your Own Rosetta
Stone for Self-Storage
Tuesday, Jan. 27,
10-10:50 am
The Rosetta Stone, containing two languages, was
instrumental in advancing modern understanding of
hieroglyphic writing. Understanding a feasibility study
requires a Rosetta Stone of its own. This seminar
teaches what you need to know to complete your own
feasibility study in today’s competitive environment.
You’ll get information on how to find the right
location, choose the correct unit mix, design the
facility and much more to succeed in your target
market.
Speaker:
Stephan Ross, Cutting Edge Self-Storage
Management & Consulting
State of the Industry: A Panel Perspective on
Construction, Feasibility and Finance
Tuesday, Jan. 27, 11-11:50 am
Find out where the self-storage industry is right now,
where it is headed and where you fit in. Our panel of
construction and development specialists will discuss
the current trends and costs involved in building
self-storage, how to get financing for a project, and
the feasibility efforts necessary to determine if a
project is viable.
Speakers: Caesar Wright,
Mako Steel Inc. (Moderator);
Larry Damato, Damato
Associates Inc.;
Elizabeth Braman, Watermark Financial;
Jo Beth White,
Development Services Inc. |
