{"id":14020,"date":"2020-03-11T16:00:55","date_gmt":"2020-03-11T16:00:55","guid":{"rendered":"https:\/\/thestorageacquisitiongroup.com\/?page_id=14020"},"modified":"2020-05-05T09:28:38","modified_gmt":"2020-05-05T13:28:38","slug":"underwriting","status":"publish","type":"page","link":"https:\/\/thestorageacquisitiongroup.com\/underwriting\/","title":{"rendered":"The Underwriting Process"},"content":{"rendered":"

[vc_row el_class=”services-pages”][vc_column width=”2\/3″ css=”.vc_custom_1585252014773{background-image: url(https:\/\/thestorageacquisitiongroup.com\/wp-content\/uploads\/2020\/03\/storagebg3.png?id=14419) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: contain !important;}”][vc_column_text]<\/p>\n

UNDERSTANDING UNDERWRITING<\/h1>\n

[\/vc_column_text][vc_column_text]Before underwriting can begin, we will request a standard set of documents from the seller. These typically include the most recent Management Summary Report, Occupancy Statistics Report, Rent Roll,<\/strong> and Trailing 12-month Income Statement<\/strong>.<\/p>\n

We will further conduct a comparative analysis of the property or properties, looking at rents, demographics, comparable sales, and planned construction in the surrounding area. From there, we will develop an estimate of current and projected NOI based on the buyer\u2019s operating expenses.<\/p>\n

Together, the underwriting<\/strong> and market analysis<\/strong><\/a> will be used to develop an estimated offer value, which will be sent to the buyer for approval.[\/vc_column_text][vc_row_inner][vc_column_inner width=”1\/2″][vc_btn title=”Read About Due Diligence” shape=”square” color=”blue” size=”lg” align=”center” link=”url:https%3A%2F%2Fthestorageacquisitiongroup.com%2Fdue-diligence-self-storage-what-is-the-process%2F|||”][\/vc_column_inner][vc_column_inner width=”1\/2″][vc_btn title=”Request More Information” shape=”square” color=”blue” size=”lg” align=”center” link=”url:mailto%3Ainfo%40thestorageacquisitiongroup.com%3Fsubject%3DUnderwriting%20Question|||”][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=”1\/3″][vc_single_image image=”14371″ img_size=”full”][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row el_class=”services-pages”][vc_column width=”2\/3″ css=”.vc_custom_1585252014773{background-image: url(https:\/\/thestorageacquisitiongroup.com\/wp-content\/uploads\/2020\/03\/storagebg3.png?id=14419) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: contain !important;}”][vc_column_text] UNDERSTANDING UNDERWRITING [\/vc_column_text][vc_column_text]Before underwriting can begin, we will request a standard set of… <\/p>\n

Continue reading → The Underwriting Process<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/grid-page.php","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/thestorageacquisitiongroup.com\/wp-json\/wp\/v2\/pages\/14020"}],"collection":[{"href":"https:\/\/thestorageacquisitiongroup.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/thestorageacquisitiongroup.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/thestorageacquisitiongroup.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/thestorageacquisitiongroup.com\/wp-json\/wp\/v2\/comments?post=14020"}],"version-history":[{"count":18,"href":"https:\/\/thestorageacquisitiongroup.com\/wp-json\/wp\/v2\/pages\/14020\/revisions"}],"predecessor-version":[{"id":14716,"href":"https:\/\/thestorageacquisitiongroup.com\/wp-json\/wp\/v2\/pages\/14020\/revisions\/14716"}],"wp:attachment":[{"href":"https:\/\/thestorageacquisitiongroup.com\/wp-json\/wp\/v2\/media?parent=14020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}