Williston Area Real Estate Summit: State Of The Market

Summary

Williston Area Real Estate Summit: State Of The Market
Tuesday, November 14, 2017
10:00 AM - 2:00 PM Program
Grand Williston Hotel & Conference Center
3601 2nd Avenue West, Williston, North Dakota 58801

9:30 AM Coffee Meet and Greet

10:00 AM Welcome  Mayor Howard Klug


10:05 AM Economic Update - State of the Region  

Moderator: Shawn Wenko, Executive Director, Williston Economic Development
Dr. John Miller, President, Williston State College
David Tuan, City Administrator, City of Williston
Keith Olson, Regional Director, SBDC
• Overview of existing Market Conditions in the Williston Area
• Free Tuition Program at Williston State College and the positive impact it has had. 
• Other major infrastructure programs in progress or in the future
• Trending Sectors in Williston Area and how the surrounding cities are collaborating
• Current Economy and what that means to the tax base of the Williston 
• Special incentives offered by the city for new and or existing businesses 
• Student Enrollment trend 

10:45 AM Overview of Airport Projects
Moderator: Brad Curtis, VP Commercial Lending, American State Bank.
Rick Skumvac, VP Development Services, Cardon Development Group
Anthony Dudas, Airport Director for the City of Williston
Tim Marco, VP Development Services, Cardon Development Group
David Tuan, City Administrator, City of Williston
• What is presently happening on the project
• What does the current project schedule look like and when target completion date
• What amenities will the new airport have for travelers
• What will future of air service look like at Williston Basin Int’l Airport
• What happens to the land around old airport and how can it be developed future
• What will the future of air service look like at new airport
• Who are the project funding partners & what are their roles supporting project
• How do project cost savings impact our project funding partners
• What measures is the City taking to reduce overall project costs
• How does City manage/oversee a project of this magnitude
• Why are there numerous consultants/engineers on this project
• How will the new airport be served by City services: water/sewer/police/fire/road
• Overview of Airport Project

11:40 AM The Importance of ROI (Retail Office & Industrial) 
Moderator: Tim Fisher, Micropolitan Summits
Mike Elliott, Energy Real Estate Solutions
Tate Cymbaluk, GRI BASIN BROKERS 
Chance Lindsey, CBRE
• Leasing trends in the Williston Area: Office, Industrial & Retail
• New development around  New and Existing  Airport 
• What’s in store for development in 2017/2018
• Are you seeing any repurposing of existing facilities
• Where are current Cap Rates for ROI in Williston Area
• Financing Options for the Developers and Investors
• Future trends and leasing predictions and what’s on tap for the future
• Impact of Interest rates and are you seeing more refinancing 

12:30 Lunch 

12:45 A Business Lawyer’s Look at the potential effects of proposed Federal Tax Plan on Real Estate 
Terry Moore, Hellmuth & Johnson 
• Developers
• Bankers
• Residential  
• Industrial
• Multi-Family

1:10 PM Multifamily Market Update: Apartments, Senior Housing and Student Housing, Workforce, Residential 
Moderator: Lisa Ward, District Manager, Bison Mgnt Team
Mary Anne Bamberger, VP, Mortgage Loan Officer, 1st International Bank
Cheri Fox, ERES Regional Property Manager
Jetta Dorsey, Regional Property Manager, Greystar
• What is driving the current market 
• Apartment Update, Senior Housing Update, Student Housing Update, Workforce Housing Update
• Vacancy rates and Demand: Where is it at and why
• Where is the demand for multifamily in The Williston Area- Who is buying
• Where are current Cap Rates for Multifamily  
• Future Forecasts and Trends for the  Multifamily   Market
• Current Sales Trends and update for Residential in Williston Area
• New Home Construction Update
• Financing Options Available for Developers and Investors
• Home Owner Pricing Trends
• Demographic Changes and Shifts in the Homeowners & Multi-Family/Senior/Student/Workforce market in Williston Area
• Future Trends and Opportunities for Residential Real Estate Development

2:00 PM Adjourn & Network

Williston Area Real Estate Summit: State Of The Market

Details

  • When

  • Tuesday, November 14, 2017
    10:00 AM - 2:00 PM
    Central Time

  • Where

  • Grand Williston Hotel & Conference Center
    3601 2nd Avenue West
    Williston, North Dakota 58801
    USA

Outlook Outlook
iCal iCal
Google Google
Yahoo! Yahoo!
MSN MSN
Top