I just got word that Scott Oakley will be hosting a webinar on Thursday, May 14th 2009 from 9-10 AM PST; I’m pretty excited.
I know that working here has always given me an edge but this is going to be great. People like Nicole Ferguson and Mike Jernigan have freely offered their expert knowledge on how to get a commercial real estate deal closed but this is from Scott Oakley himself. Neat.
Anyways, here’s the webinar sales pitch.
The landscape has changed. Lenders are gone. Brokers are broke. Borrowers are scared. The good news? Believe it or not there is plenty to go around. Come and explore the new opportunities created. No matter what you’ve heard, with the right information, opportunities abound.Click here to join the upcoming webinar on Thursday, May 14th 2009
If you want to see the flyer that was sent out click here.
The theory of “opportunities abound” intrigues me. I happen to believe that whole heartedly. As one who has been involved in “investment grade medical real estate” development over the last 9 years I might add that one of the areas of opportunity is in medical real estate in healthcare providers portfolios. Increasingly, providers are positioning themselves in this economic climate to; 1.) stabilize their current cash position, 2.) play “offense” and “defense” regarding market share and personnel resource retention, 3.) monetize their current real estate holdings (further strengthening cash positions) and, 4.) ramping up their reception to giving up operating control as well as ownership to primary campus facilities.
With the exception of the last item these issues facing healthcare providers are all focused on their outpatiernt or “non acute” facilities meaning medical office buildings, ambultory surgery centers as well as newly trending “wellness” or holistic facilities.
The upsides to these “utilities” are; 1.)most are ripe with “bankable” leases usually ranging from 5 -15 years, 2.) are traditionally stabilized due to high “ground break” leasing threshholds of 70%+ , 3.) are typically structured under an SPE/LLC which facilitates reasonable exit strategies and, 4.) exit strategies are easily facilitated as the demand side for these assets/portfolios are typically driven by mandate/statute (read REITs as one fallback exit strategy).
For a smartly positioned commercial investor, this could be a brewing perfect storm if one understands whom to approach with the right questions to ask and the right answers to questions in response.
In my opinion.
Thoughts?
Regards.
I heard that you were going to host two different webinars due to the overwhelming response and I am hoping to have enough time to sign up. I didn’t realize that Scott Oakley was hosting the event himself. That’s more exciting than the webinar itself. I have to say that Mr. Oakley is the most charasmatic speaker; anyone who has an opportunity to meet him would be crazy to pass.
Your site is excellent. I m gonna bookmark, thank you.