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Getting Ahead and Being Prepared for Obtaining Self-Storage Financing


Delve into specific issues to consider when seeking a new mortgage for your self-storage property, including pre-application preparation, loan-request packages, choosing a lender, and much more.
$16.95

 
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Speaker: Neal Gussis, Managing Director, CCM Commercial Mortgage
Format: MP3 and PDF
Duration: 50 minutes

Getting Ahead and Being Prepared for Obtaining Self-Storage Financing
Despite the self-storage industry’s recovery from recession and its healthy position among all property types, lenders are still being thorough and cautious to conform to banking policy, regulatory requirements and securitizations limitations. It's more important than ever that operators are prepared when approaching a lender. This session goes beyond finance basics and delves into specific issues to consider when seeking a new mortgage for your self-storage property. Our presenter discusses pre-application preparation, how to prepare the loan-request package, choosing a lender, negotiating terms, and the application and closing process.

You will learn:

  • Considerations for the pre-application
  • Tips for getting the most out of your loan presentation
  • How to choose the lending source that's most suitable for your financing objectives
  • Areas to consider when negotiating loan terms
  • How to work your way to the loan closing

NOTE: This audiocast will be delivered to your “My On-Demand Library” in a downloadable zip file folder. Your folder will contain an MP3 audio file of your purchased session, along with a PDF of the matching presentation slides provided by the speaker.