Moderators: Nick Malagisi, National Director, Sperry Van Ness Commercial Realty; Ben Vestal, President, Argus Self Storage Sales Network
Panelists: Neal Gussis, Principal, CCM Commercial Mortgage; Steven Johnson, Director, Integra Realty Resources; Dean Keller, President, Bancap Self Storage Group Inc.
Duration: 50 minutes
The Underwriting Techniques Used to Value Self-Storage Facilities Today
How is the value of a self-storage facility determined in today's market? What's the value of the facility you already own or the one you may be looking to purchase? Find out in this session, where our panelists will share specific insight from each of their respective regions. You'll learn about each of their markets and the common issues facing all self-storage owners when it comes time to value their facility for financing or disposition. The discussion will cover key issues including cap rates, facility ratings, trade areas, value-add deals and more.
You will learn:
- The common valuation issues that face all self-storage owners
- What a cap rate is
- How a "class-A" facility is defined
- What a value-add deal is
- How to recognize an under performing asset
This product is also available in DVD format, or as part of one of the following discount DVD packages: