Continuing Education Program Investing in Timberland and Timber REITs Georgia Tech Global Learning Center, Atlanta, Georgia October 8, 2015 Continuing Education Hours: 6 CFE; 6 Real Estate CE, 6 Appraiser CE (Georgia RE/Appraiser only) Instructors Course Overview Brooks Mendell, Ph.D. This course details the operations, investment performance, market risks and supply chain/ management costs associated with available timberland investment vehicles. The course includes comparative analysis of typical TIMO fund structures, timber REITs and direct private investments. Key topics emphasize benchmarking investment performance, implied valuations based on public-private comparables, and sources of variance in operational costs, returns and forest management fees by region in the United States. President Forisk Consulting BS, MS: MIT MBA: UC Berkeley PhD: University of Georgia Experience: wood procurement, market analysis, management consulting, forestry research, finance professor Amanda H. Lang, M.S. Partner, Senior Consultant Forisk Consulting BS, MS: University of Georgia Experience: bioenergy project tracking and market analysis, forest operations, management consulting Feedback from Previous Sessions “Brooks and Amanda are terrific speakers.” “Very informative, very applicable and very well presented.” “Knowledge of the instructors is superior.” “Excellent review of process and analysis.” To Register Web Site: www.forisk.com Go to “Continuing Education” Email: hclark@forisk.com Phone: 770.725.8447 Fax: 770.725.8448 Who Should Attend? Executives, investors, asset managers and service providers directly and indirectly invested or interested in timberlands and timberland-owning real estate investment trusts (REITs). Course Outline (Detailed course agenda available at www.forisk.com) 7:50 am – 3:00 pm Timberland investment vehicles Regional forest industry markets and supplies Forest operations and management Case study: Screening and ranking US timberland investment markets Benchmarking private timberland investment performance Benchmarking public timberland investment performance Timberland investment fee structures Considering timberland investment risks Accommodations Rooms are available at the Georgia Tech Hotel, which is adjacent to the Global Learning Center. For reservations at the hotel, please call 404-347-9440 or 1-800706-2899. Forisk’s Continuing Education Value Proposition We teach you to do it yourself so that you can leverage your own experience and insight for your investment and operational decisions. This course is an investment in you and your business. Save time and money through faster, cleaner analysis with fewer thirdparty consulting projects and data expenditures.