Fund Performance

Fund III “New England Growth Fund”

Fund Terms Of Offering

Fund  Type

506(C) Regulation D

Fund Target Launch Date

17th May 2022

Total Raise Amount

$25,000,000

Minimum Investment

$50,000

Investor Requirements

Must be an “Accredited Investor”.

For more information on this, please see the link

Projected Term

5-year hold (with extensions)

Investor Returns

Investor Preferred Return

6-9%

(Annual Payment To Investors)

* The preferred return & split are dependent upon the investment amount.


Projected Investor IRR

23-26% +

(Average Annual Returns Including Exits)

Projected Investor Equity Multiple

2.5-2.8x +

(Example: A $100,000 investment would return approximately $250,000 to $280,000 within 5 years).

Disclaimer

(Not available to investors doing business out of the state of New York due to their lending laws).

This is neither an offer to sell nor a solicitation of an offer to buy any securities. An offer to sell securities may be made only by the offeror’s securities offering memorandum, or collectively, a Private Placement Memorandum (“PPM”). You should not rely on any information other than the information in the PPM in purchasing any securities. The specific terms of any proposed investment in the Fund would be set forth in the Subscription Agreement to be entered between the Fund and each investor.

The information contained herein speaks only as of the date hereof and the information may change after such date. Such information also includes “forward-looking statements” within the meaning of the federal securities laws and must be qualified by the numerous cautionary statements listed under “Certain Risk Factors” within a PPM, including specific factors which could cause such forward-looking statements to be incorrect. Many of those factors could cause an investor in the Fund to lose its entire investment. You should rely on your own investigation and the terms of the PPM before making any decision to purchase any securities. The information contained herein is not legal, tax, business, or financial advice. You should consult your legal, tax, business, or financial advisor with respect to your circumstances.

The Net Internal Rate of Return (“IRR”) and Net Equity Multiple returns do not represent the actual results. All IRR values included in this presentation represent annualized returns. An IRR calculation takes into account the length of the time from the initial investment to ultimate realization and, for a given dollar amount realized, the IRR will generally decrease as the investment holding period increases.

The IRR calculations included herein are intended to approximate the “internal rate of return to the investor” as if: (1) the individual properties had been purchased and owned by the Fund, and (2) cash distributions of operating cash flow, refinance and sales proceeds were made (as an estimate) to the investors pursuant to the Fund cash distribution provisions.

Investment Strategy

To acquire land, permitted land, existing self-storage or industrial facilities with room for expansion and develop state-of-the-art self-storage, small bay industrial or industrial facilities in high demand location with great demographics, and reasonable competition.

Assets Under Management & track record

$350 Million +

Assets Under Management

25%+

Average Investor IRR

3,000,000

SQFT of Commercial Real Estate

INVESTMENT HIGHLIGHTS

Own a tangible, cash-flow generating asset in an inflationary, monetary environment. Best-in-class operators with decades of experience and an investor-first approach to real estate. Distribution pay outs are expected to begin 24 to 36 months after initial investment.

Investors Paid First

Investors receive a Preferred Return and capital is paid back to investors first, additional profits are split (LPs) / (Sponsor) up to an IRR hurdle, over the IRR hurdle cash flows are split 50-50 between A-class (LPs) and B-class (Sponsors).

High Margin Business

Development or expansion costs from $65-$68+ / sqft, with stabilized asset values at $135 to $200+ / sqft.

High margin and very low maintenance costs post development.

Strong Projected Returns

The project has strong projected IRR and Equity Multiple.

With ongoing cash flows & profits after return of investor capital.

Partner With The Experts

Patriot Holdings is a Top 10 Self Storage Owner in New England, with 1,500,000 square feet of storage space. We have the in-house expertise to deliver on this project.

Large Tax Savings

Investors receive 100% of the asset’s accelerated depreciation in year 1.

Inflation & Recession Resistant Assets

Own a recession-resistant commercial real estate asset.

Case Studies

Suburban Project

Single-Story Development

Typically land costs and construction costs for a single-story development are much lower, with project sizes in the range of 50,000 sqft +. Construction costs are approximately $60 per sqft, and the land site can be purchased for $350,000 to $1,000,000.

$400,000

Land Cost

+

$3,600,000

Cost To Build

=

$4,000,000

Total Project Cost

vs

$6,500,000

Stabilization Value

Low Competition

Low Construction Costs

Low Land Costs

Solid Demographics

Extra Land for Expansion

Rents up

Absorption Record

Vacancies

E-Commerce

Higher Exit Cap Rates

Avg. Sale Price

Industrial Property Development

Huge Demand, Lack Of Supply

Patriot will identify high demand sites with development potential to build ground up industrial assets, including flex small bay and large scale warehouse facilities.

Land Cost

+

Cost To Build

=

Total Project Cost

vs

Stabilization Value

Rents up

20.4% year-on-year

Absorption Record

520 Million SQFT (2021)

Vacancies

30 Year All Time Low 3.4%

E-Commerce

Needs 300% More Space

Higher Exit Cap Rates

6.5% to 4% (Class A)

Avg. Sale Price

$133/SQFT, (+35% since 2019)

Urban Development

Multi-Story Development

As land costs are high in urban locations, multi-story development produces a higher return on invested capital. Project sizes in the range of 70,000 sqft to 100,000 sqft +.

Construction costs are approximately $90 per sqft, and the land site can be purchased for $1,000,000 to $3,000,000.  

$2,000,000

Land Cost

+

$9,000,000

Cost To Build

=

$11,000,000

Total Project Cost

vs

$16,500,000

Stabilization Value

Higher Rents

Great Demographics

Good Traffic Counts / Visibility

Higher Exit Cap Rates

Barriers to Entry

Rents up

Absorption Record

Vacancies

E-Commerce

Higher Exit Cap Rates

Avg. Sale Price

VERTICALLY INTEGRATED TEAM

Patriot has a vertically integrated in-house team to manage every aspect of the asset lifecycle. Our team includes acquisitions, underwriters & zoning specialists to select the best potential sites for purchase. Our in-house engineering, construction, development, and project management teams accurately estimate costs and deliver great quality properties under budget and on time.

Patriot also operates a specialist management office to handle customer service, leasing, unit turnaround, and every aspect of operating our properties. Managing end-to-end operations in house let's us drive operating margins and higher returns for investors.

Marketing

Market Research

Management

Engineering

Fund Administration

Legal

Construction

Underwriting

Accounting

Leadership

Shayne Stokes
General Partner & CIO
Jeremiah Boucher
Founder & CEO
Tim Wilkins
Owner & COO
Christopher Warfield
General Partner & CFO

COMPETITIVE ADVANTAGES

Patriot is hands on with every aspect of the asset, with dedicated in-house teams for management, engineering and construction, generating higher returns for investors by leveraging our deep expertise of self storage.

Centralized Management Office

Marketing & Customer Service Hub

Deep Local Knowledge & Relationships

Priority Deal Sourcing & Access

Exceptional Marketing, Trusted Brand

Strong Consumer Trust, Superior ROI

In-House Management Team

Cost Control & Operational Efficiencies

Own Construction & Engineering Teams

Economies of Scale & Lower Build Costs

Asset Value Maximization

Markets Selected for Optimal Lease Up

Frequently Asked Questions

What is the process to invest with Patriot?
  • Please start by completing the Investor Enquiry Form (Click here). You can also schedule a call with Patriot's Head of Fundraising, CJ Hildreth here.
  • Once you’ve been given access to our portal, you will be required to verify your Accredited Investor status. Once your qualification status has been confirmed, you will be given access to the Offering Package that will include the Private Placement Memorandum (PPM) and supporting documents which may include, but not be limited to an Operating Agreement (OA) and Executive Summary.
  • Sign the Subscription Agreement.
  • Receive funding instructions and fund your investment through wire, ACH, or check.
  • Once Patriot Holdings receives your funds, you will be given an Ownership Certificate evidencing your ownership of the securities subscribed to.
  • Patriot will allocate the funds to the applicable commercial real estate project.
  • If a Preferred Return is offered in offered in the investments, your Preferred Return will begin accruing and payment will be distributed pursuant to the terms of the PPM and the OA.
  • You will receive investment updates for your investment periodically (depending on the fund this is usually quarterly), and paid distributions pursuant to the terms of the PPM and the OA.
  • You will receive any major announcements via email as they arise.
What is the fund's duration

An investment in Patriot Holdings should be considered long-term. Investors should expect to commit their investment for a minimum of five (5) years and up to ten (10) years.

What type of funds can I use to invest?

You can invest with cash or funds held through trusts, LLCs, LPs or corporations. In addition, you can invest through self-directed IRAs, self-directed eQRPs (Enhanced Qualified Retirement Plan aka Self-Directed Solo 401k Plan).

How are Patriot Holding’s investments structured?

Our investments are typically structured through an LLC created specifically for the Fund. As an investor, you will own a membership interest in the LLC. Through this structure, investors have direct ownership in the individual investments or assets in the Fund.

What am I investing in?

You are investing in the commercial real estate assets offered in the fund. You can invest personally or with funds held through trusts, LLCs, LPs or corporations. In addition, you can invest through self-directed IRAs, self-directed eQRPs (Enhanced Qualified Retirement Plan aka Self-Directed Solo 401k Plan).

6-9%

Investor Preferred Return

23-26% +

Projected Investor IRR

2.5-2.8x +

Projected Investor Equity Multiple

Talk To Us About Investing In Commercial Real Estate