Your Facility Is Being Sold? The Self-Storage Manager’s Role in the Due-Diligence Process
If your owner sold his facility tomorrow, what would you do? Understanding the due-diligence process allows managers to be proactive in helping close the sale and become more valuable in the process.
Speaker: Vince Toenjes, Counsel, Weissmann Zucker Euster Morochnik & Garber P.C.
Format: Streaming Video
Duration: 36 minutes
Your Facility Is Being Sold? The Self-Storage Manager’s Role in the Due-Diligence Process
In a hot real estate market, it’s possible your self-storage owner might sell his facility. Where does that leave you? Because managers are often intimately familiar with the operational details of a site, including skeletons in the closet, a thorough understanding of the due-diligence process allows you to be proactive in helping to close the sale, becoming more valuable in the process.
You’ll learn:
- An overview of the due-diligence process and who’s behind the requests
- What the buyer’s and seller’s legal and diligence teams expect from you
- How to assist in streamlining the sale process
- Differences in demands between institutional vs. smaller buyers
- The right and wrong information to disclose
This product is also available in DVD format, both as a single and as part of the following discount packages:
Format: VID
