Dennis Suh will be representing ValueXpress at the Self-Storage Association’s (SSA) 2016 Fall Conference & Trade Show. The conference, which will be held at Caesar’s Palace in Las Vegas, Nevada, begins on Tuesday, September 6 with conference and trade show registration. Concurrent education sessions begin at 1 p.m. on Wednesday, September 7, and run through 8:20 a.m. on Friday, September 9. The Trade Show is open Wednesday and Thursday 11:30 a.m.-3:00 p.m. For additional information, please click here.
Back by popular demand this year are Roundtable Discussions. These lively sessions are always packed, and the two Roundtable Discussions to be held in Las Vegas will offer a wide variety of topics — educational on Wednesday and exhibitor products and services on Thursday.
Dennis will be meeting with clients to discuss the benefits of CMBS conduit loans for self-storage owners during the conference. Self-storage loans have been one of the best performing asset classes in CMBS, and CMBS conduit loans for self-storage are highly sought after. As with all eligible asset classes, the CMBS conduit loan program provides for unrestricted cash-out for any purpose on a refinance and all CMBS conduit loans are non-recourse, meaning there are no personal guarantees for repayment of the loan.
“The self-storage industry continues to grow rapidly, and owners want to continue to build more units to satisfy demand,” commented Dennis. “CMBS conduit loans are really the only loan product that allows for unrestricted cash out that can be used as equity to obtain a construction loan to build additional self-storage facilities.” To visit with Dennis at the show, send him an email at firstname.lastname@example.org or call him at 212-883-6487.