Since we are investing in a self storage conversion project with Scott Krone, we thought we'd ask him to do a webinar for our members to highlight the incredible value that can be added to otherwise undervalued property by converting it into class "A" self-storage property, creating massive returns in the process!
Register for the Zoom web conference: https://zoom.us/webinar/register/WN_aJE5LzAEQMqThRUDlB4FEQ
If you've been to our meetup you know that we think that Self Storage is pretty awesome. However.... It is really, really, *really* hard to find a value add deal in self storage. Tell us about it!:(( We've been looking for one for almost a year! That is why, when we met Scott Krone and his business partner at the SF Bay Area Summit, we were very interested in their strategy of converting undervalued buildings into climate controlled self storage facilities!
In fact we were so intrigued that we flew out to Chicago and Milwaukee a few weeks later to see for ourselves what Scott and his SSSK Capital Group had been up-to. We visited their existing projects, and the ones that are in the hopper. And, after doing our own due diligence, decided to invest with SSSK!
If you are interested in what we found during our field trip, let us know and we can send you our picture filled trip notes.
Anyway, as you can tell, we are very excited about our newest investment and are happy to have Scott share with our group how they add value to the building, the neighborhood and their investors:
About The Speaker:
Scott is a Chicago native whose career in architecture began in 1991 by pursuing his Masters of Architecture from the Illinois Institute of Technology. While obtaining his degree, he also worked as a Project Manager for Optima, Inc. During his time at Optima, Scott’s responsibilities included such notable projects as the 400 unit Cormandel in Deerfield, IL, the 40 unit Hedge Row in Winnetka, IL,and the 51 unit Optima Center Wilmette in Wilmette, IL.
In 2012, Scott co-founded SSSK Capital Fund – a firm who specializes in managing real estate assets. Since its inception, SSSK manages a wide range of real estate including single and multi-family homes, retail, commercial warehouse and self-storage and multi-use flex athletic spaces. Currently, the platform of investments is in excess of $30 million.
In 1998, Scott founded Coda, an award winning Design + Build |Sustainability | Consulting firm. Since its inception, Coda has won numerous design/build awards including the international Green GOOD Design Award in 2010, Best of Houzz 2014 and 2015, and Design Evanston Award. Their work has been featured in notable publications as Dream Homes - Chicago, Midwest Luxury Homes,Crate & Barrel 2010 Best Catalogs, NBC TV Show Taste, and national ACE Hardware Commercials.
In addition, Scott has authored High Performance Homes –Navigating the Green Road to Your Dream Home, a book for homeowner’s seeking to incorporate green technology into their home. Scott resides in Wilmette, IL, with his wife and three children.
This is an informational webinar about how Scott's company SSSK Capital Group creates massive value by doing Self-Storage conversions. As a part of that it will tell the story of some past and current projects. Including a project SSSK Capital Grou is currently in the process of raising money from accredited investors for. While this webinar does not focus on that particular opportunity it is accessible to all interested VIG members; hence the below disclaimer:
This webinar is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by VIG, SSSK Capital Group or any other affiliated entities.
No reference to any specific security constitutes a recommendation to buy, sell or hold that security or any other security. Nothing on this webinar shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction.
Nothing contained on the webinar constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed should not be taken as advice to buy, sell or hold any security.
In preparing the information contained in this webinar, we have not taken into account the investment needs, objectives and financial circumstances of any particular investor.
This information has no regard to the specific investment objectives, financial situation and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors.
Any views expressed were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible correction. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.
*** Register for the webinar now! ***
Registration URL: https://zoom.us/webinar/register/WN_aJE5LzAEQMqThRUDlB4FEQ
@Scott Krone has some great projects and anyone interested in self-storage should hear what he has to say.