Boat & RV Storage Pref Equity Development
Preferred equity position in two RV/boat storage facility developments in Nashville, TN and Charlotte, NC submarkets.
Location
Mooresville & Christiana, NC, TN
Investment Strategy
Development
Property Type
Self-Storage
Open To
Accredited Investors
Closed Date
Feb 2023
Status
Closed Investment Strategies
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Sponsor Details
Other Offerings by Madison Capital Group
Sponsor Designation
CrowdStreet categorizes sponsors based on their experience and track record so our investors can get a sense of the firm behind the deal.
Enterprise
FIRM AGE15+ YEARS
LEADERSHIP EXPERIENCE30+ YEARS
PORTFOLIO VALUE$5 B +
National Platform
Ranked in the top 250 for estimated value of total holdings per Real Capital Analytics
Tenured
FIRM AGE10+ YEARS
LEADERSHIP EXPERIENCE20+ YEARS
PORTFOLIO VALUE$500 MM +
Leadership has invested together over multiple cycles
Dedicated investor relations and accounting staff
Seasoned
FIRM AGE5+ YEARS
LEADERSHIP EXPERIENCE10+ YEARS
PORTFOLIO VALUE$100 MM +
Network of repeat investors
Established banking relationships
Affiliations with national industry associations ULI, NAOIP, CCIM, SIOR or IREM
Emerging
FIRM AGE< 5 YEARS
LEADERSHIP EXPERIENCE2-5 YEARS
PORTFOLIO VALUE< $100 MM +
Strong leadership experience
Experience in the proposed asset class and geographic market
Experience in managing individual investors
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LP Equity
$4,868,707
27.2%
Sponsor Co-Investment
$619,888
3.5%
CS Preferred Equity
$7,500,000
41.9%
Senior Debt
$4,920,729
27.5%
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Total
$17,909,324
100%
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On the CrowdStreet platform, offerings are treated pari-passu. |
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