2020 Applied Forest Finance Workshop (CANCELED)

Start Date: September 10, 2020
Location: Portland, OR

7:45   Instructor Introduction and Course Overview

8:00   Key Concepts of Forest Finance: Introduction to the unique attributes of forest finance to include time value of money, nominal vs. real rates, cash flows and common mistakes and how to correct them.

9:00   Using Faustmann’s Formula and the Bare Land Value Equation: How to calculate the present value of the income stream from forest rotation and measuring the net present value of bare timberland used in perpetual timber production.

10:00   Break

10:15   Using Financial Criteria to Make Investment Decisions: How to rank investment options and a case study of maximizing returns from existing stands.

Noon   Lunch (provided with registration)

1:00   Marginal Analysis: When does forest management pay? Group exercise: Harvest investment decisions.

2:15   Break

2:30   Discount Rates: Estimating risk and understanding the language of business

3:30   Question and answer session

4:00   Adjourn

About the Speaker Dr. Brooks Mendell is President and VP of Research at Forisk Consulting. He has twenty years of consulting, operating, and research experience in forestry, finance and the timber and bioenergy industries. Dr. Mendell leads Forisk’s research and forecasting program. His experience includes roles in harvest operations and procurement with Weyerhaeuser, in management consulting with Accenture, and as a member of the forestry and finance faculties at the University of Georgia. A Fulbright Scholar in Uruguay, Dr. Mendell has published over sixty articles and three books on topics related to timber markets and REITs, forest business and operations, wood bioenergy, and communication skills. He serves on the Board of Directors for the Georgia Forestry Association. He earned B.S. and M.S. degrees at the Massachusetts Institute of Technology, an MBA at the University of California at Berkeley, and a Ph.D. in Forest Finance at the University of Georgia.
About the Conference
The workshop will be held at the DoubleTree Hotel Lloyd Center at 1000 NE Multnomah St. in Portland, OR. The hotel can be reached at: 503-281-6111. The DoubleTree is at the Lloyd Center/NE 11th Avenue stop on the Portland light rail MAX system.

Who Should Attend?
This one-day class is ideal for current and future forestry consultants and investment analysts, timberland owners and investors, and anyone else who needs to understand the identification, valuation, and ranking of timber-dependent and forest-related investments. This class details the step-by-step financial analysis required to answer key investment and forest management questions. Learn how to identify, value, and rank timber and forestry investments.