What is the Storage of America Income Fund?
The Storage of America Income Fund is a real estate debt fund that makes loans exclusively to Storage of America through first mortgage notes.
What return does the fund offer?
The fund offers investors an 8% annual return paid monthly, subject to the terms of the offering documents.
Is this a debt investment or an equity investment?
This is a debt fund. The investment is structured around first mortgage notes, not direct equity ownership in individual projects.
Who can invest?
The offering is available to accredited investors only.
What is the minimum investment?
The minimum investment is $250,000.
How are distributions paid?
Distributions are paid monthly, subject to the terms of the offering documents.
What does the fund invest in?
The fund lends capital exclusively to Storage of America to support the growth of its self-storage platform.
What is a first mortgage note?
A first mortgage note is a loan secured by a first-priority mortgage interest. Investors should review the offering documents for details about how the structure applies to the fund.
Why self-storage?
Self-storage has historically been viewed as a resilient real estate sector supported by broad demand drivers, flexible lease structures, and relatively straightforward operations.
Where does Storage of America operate?
Storage of America is currently focused on the Midwest, with properties in Illinois, Indiana, Michigan, Missouri, and Ohio.
How large is the current platform?
Storage of America currently operates 29 facilities and has 20 projects in development, representing 2.4 million rentable square feet in operation and 1.5 million rentable square feet in development.
How do I get started?
The first step is to schedule an investor call or request investment information.
Where can I get more details?
Additional information is available through investor relations and the offering documents.