Our approach is grounded in our deep experience and knowledge of self-storage, real estate and financial markets.
FEASIBILITY ASSESSMENTS
We will review your site against our criteria for site selection and provide an initial assessment and recommendation of suitability. We often partner with established national firms to do in-depth feasibility studies. Areas of concentration include:
- Demographic overviews
- Competitive assessments
- Long range financial forecasts and sensitivity analyses
FINANCIAL CONSULTING
We focus on value creation that is in line with market dynamics and the client’s risk profile. Each engagement undergoes intense scrutiny to make sure the capital needs are met in the most economically efficient way to optimizes returns. Areas of expertise include:
- Self-Directed IRA investment structuring
- Sourcing Debt Financing
- Identification and sourcing of Private Equity
- Asset Managements
SITE ACQUISITION
We can assist you in negotiating and closing the acquisition of the land/buildings you intend to acquire. This includes:
- Determining the target price and creating a negotiating strategy
- Negotiating terms and conditions on your behalf
- Creating and or reviewing brokerage agreements, Letters of Intent, and Purchase and Sale Agreements
- Navigating the closing process
DEVELOPMENT & CONSTRUCTION
We have served as consultants or developers on over 60 self-storage projects. We can handle any or all aspects of the development and construction process. This includes acting as the owner’s representative on all aspects including:
- Selecting the Design Architect and Civil Engineer
- Overseeing the site plan and architectural design
- Shepherding the team thru the permit and entitlement stages
- Representing the Owner at hearings and approvals meetings
- Developing the bid criteria and instructions and vetting General Contractors for the bid list
- Reviewing bids and selecting the GC followed by bid award and Contract negotiations
- Overseeing day-to-day construction activities, draw schedules, timelines and project close out on behalf of the Owner.b
ASSET MANAGEMENT
Once your new facility is built our team can assist you in managing the self-storage store. We can assist you with:
- Preparing status reports
- Resolving management issues
- Preparing financial statements
- Overseeing tax matters and returns filings
- Creating marketing strategies
- Creating and managing your operating plans and developing and executing an exit strategy if so desired
