ULI Minnesota: Rehab Realities Roundtable - Unlocking Potential in Small Properties

When

2024-03-07
2024-03-07T14:00:00 - 2024-03-07T16:30:00
America/Chicago

Choose Your Calendar

    Where

    MSR Design 510 Marquette Ave Ste 200 Minneapolis, MN 55402-1121 UNITED STATES

    Pricing

    Pricing Members Non-Members
    Private $35.00 $50.00
    Public/Academic/Nonprofit $30.00 $45.00
    Retired $35.00 N/A
    Student $15.00 $20.00
    Under Age 35 $30.00 $45.00
    This course is PENDING APPROVAL from the Minnesota Commissioner of Commerce for 2 HOURS of Minnesota Department of Commerce Real Estate CE Credits.
    This course is PENDING APPROVAL from the Minnesota Commissioner of Commerce for 2 HOURS of Minnesota Department of Commerce Real Estate Continuing Education Credits.

    ULI Minnesota: Rehab Realities Roundtable - Unlocking Potential in Small Properties

    3/7/2024, 2-4:30PM hosted at MSR Design 

    Calling all aspiring developers and future landlords! Ditch the bulldozers and discover the hidden gems to be found in rehabbing existing properties.

    Join us for interactive discussions with industry leaders to explore the opportunities and risks of small-scale rehabilitation projects. With a focus on residential projects at a scale of 2-10 units, gather essential insights through the perspectives of environmental sustainability, financial prowess, and due diligence essentials, empowering you to consider residential rehab development.

    For new and emerging property owners, renovation projects can present an excellent opportunity to build new skillsets while growing an investment portfolio. That said, it’s important to consider the unique risks that come with buying and renovating existing or aging properties.

    Roundtable discussions will focus on the following areas of property rehab considerations:

    • Design, environmental sustainability, and the community/city approvals insights.
    • Cost effectiveness, wealth-generation and portfolio building opportunities.
    • Being prepared, due diligence and ways to avoid common rehab challenges.

    Roundtable Speakers include:

    • Laura Shagalov, Architect, Van Meter Williams Pollack
    • Kali Terry, Founder and CEO, New Verticals Development
    • Drew Shim, Senior Analyst, Founders Properties
    • Ben Miles, Loan Officer, Greater Minnesota Housing Fund
    • Matthew Ramadan, Senior Project Coordinator, City of Minneapolis

    Course Agenda:

    2:00PM – 2:15PM – Participant arrival and networking

    2:15PM-2:45PM – Speaker and introduction to discussion themes
    2:45PM – 3:15PM – Rotation 1, Small Group Discussion

    3:15PM – 3:45PM – Rotation 2, Small Group Discussion

    3:45PM – 4:15PM– Rotation 3, Small Group Discussion

    4:15PM – 4:30PM – Opportunity to circle back with a specific speaker/networking

     

    Speakers

    Ben Miles

    Greater Minnesota Housing Fund

    As a loan officer with GMHF, Ben works with developers to structure debt financing and provide technical assistance for affordable housing developments and acquisitions. Ben has over 15 years of experience in commercial real estate. Most recently, Ben was a Senior Vice President in Valuation and Advisory, specializing in multifamily property appraisal, at Newmark in Minneapolis. Ben has a B.A. in Real Estate from the University of Wisconsin and a master’s degree in Public Affairs from the Humphrey School of Public Affairs

    Kali Terry

    New Verticals Dev

    Kali Terry has worked in corporate leadership roles for several industry leaders like Life Time Fitness, Supervalu and Goodwill-Easter Seals where he has coached staff on behaviors that improve business operations and maximize production outputs. Terry recently left the corporate world to launch his own businesses—Life Juices, a neighborhood juice bar and New Verticals Development, a community-centered real estate development company. Terry hopes to bring home-grown, community-based representation to the very exclusive real estate development industry as well as a vision and voice to the table that advocates for equity, inclusion, and affordability.