We have aligned with one of our preferred partners for this Growth Series Investment that will focus on income producing self-storage real estate with the potential for yielding above average returns compared to most other investment vehicles.
The self storage industry in the United States generated more than $24 billion in annual U.S. revenues (2014 estimate). The industry has been the fastest growing segment of the commercial real estate industry over the last 40 years and has been considered by Wall Street analysts to be “recession resistant” based on its performance since the economic recession of September, 2008. The industry pays more than $3.25 billion each year in local and state taxes.As a limited partner, we will receive 100% of all available cash flow from operations or sale until we have received an 8% annualized, non-compounding ROI capital*.
We have initially invested in self-storage properties in Melrose Park, IL and Skokie, IL. Detailed information regarding these properties can be found in the Investment Overview.
* There is no guarantee that funds will be available for these distributions, but if they are these preferred distributions will be paid first.