DealPoint Merrill is an owner and operator of value-added and redevelopment assets, as well as the sponsor of real estate co-investment offerings. For more than 29 years, the principals and its affiliated companies have earned a reputation for client-centric management services from a broad range of financial institutions, public agencies, and individuals. DealPoint Merrill's services are built on one simple concept: they place clients' interests first and manage the assets as if they are their own. DealPoint Merrrill also co-invests in all of its investment properties. Based in Los Angeles, the company has established a track record of success with a scope of operations encompassing development and construction for its own account, third party asset and property management, as well as court appointment receivership and commercial loan workout strategies and negotiation services to solve complex issues for property owners and investors.
David Frank and Sterling P. McGregor are the owners and operating members of Deal Point Merrill, LLC and have the exclusive authority to manage and control all aspects of the business of the Company. The Manager operates two subsidiary companies:
Sperry Van Ness / Deal Point Merrill Property Corporation, a Delaware limited liability company, is a subsidiary of DealPoint Merrill, LLC that works closely with more than 165 national offices to provide superior investment brokerage services and property management services. Sperry Van Ness International Corporation (SVNIC), is one of the most innovative commercial brokerage firms in North America with approximately $8 billion in annual sales volumes. Our national brokerage platform is comprised of highly qualified and experienced specialists in office, industrial, retail, multi-family, self-storage land and investment real estate. In addition, the company has product specialists with intimate knowledge and experience by product type within their respective geographic market areas. This broad range of market expertise allows us to better meet our investor’s requirements and achieve exceptional results.
Sperry Van Ness/ DealPoint Merrill Equities, a Delaware limited liability company, is a subsidiary of DealPoint Merrill LLC, which provides Sperry Van Ness® advisors’ and their clients with value added real estate co-investment opportunities and development services. These investments also include tenant in common co-ownership, real estate funds and individual property offerings. The majority of our offerings consist of redevelopment or adaptive reuse, as well as, new development. Each of our investments are supported by strong investor relations with on-line paperless reporting, highly disciplined internal expense control and accounting infrastructure to include full reporting transparency and audited financials. All of our co-owned properties are internally managed with “day to day” asset management by company principals.
The Merrill Group of Companies, and its affiliate The Merrill Companies, based in Los Angeles since 1985, has established an enviable track record of success with a scope of operations encompassing development, acquisitions and property management for its own account. The managing members are David Frank and Sterling McGregor. The managers individually have over 28 years of commercial real estate and capital markets experience. The principals have acquired and or developed over 20 million SF of commercial and residential properties.
PRIOR PERFORMANCE OF THE MANAGER AND AFFILIATES
The information presented in this section presents the prior performance of investment projects for investor real estate programs (the “Affiliate Sponsored Programs”) managed by The Group of Merrill Companies (“The Merrill Companies”) or an Affiliate or predecessor of The Merrill Group of Companies. The principal of The Merrill Group of Companies is David Frank, who is also a principal of the Manager of DealPoint Merrill. The Merrill Group of Companies is not a manager or sponsor of this Offering and you should not assume that you will experience returns, if any, comparable to those experienced by investors in the Affiliate Sponsored Programs. Purchasers of Units will not acquire any interest in any Affiliate Sponsored Programs.
The principal business of The Merrill Group of Companies, LLC and its affiliates was the acquisition, development and management of commercial real estate properties. None of the real estate programs that The Merrill Group of Companies has been involved with were registered with the SEC or any state agency and, consequently, were not and are not subject to the various reporting requirements, proxy rules, and insider trading rules imposed by such agencies.
To view a list of properties that have been acquired and sold by The Merrill Companies and its predecessor entities from through 1998 through 2012 and a list of properties that are currently owned and/or operated by The Merrill Companies and its Affiliates, CLICK HERE.
Platinum Storage Group
Platinum Storage Group ("Platinum") is a privately-held, real estate company headquartered in Irvine, California.. Founded in 1999, Platinum Storage Group has developed an excellent reputation for their management, acquisition and development services in the self storage industry. Platinum currently operates a national platform consisting of 45 self storage facilities across 7 states and is actively expanding its portfolio through new acquisition and third-party management. Platinum's property management services include the following: day-to-day management, site staff evaluation and hiring, experienced staff of regional and district managers to ensure proper training and accountability, monthly visits by supervisors, delinquency control, constant analysis of operating reports, and competition reports.
The list below contains selected transactions from Platinum's management and acquisition portfolio.
Arizona
American Mini Storage - 7020 N. Camino Martin Tucson, AZ 85741
Sierra Vista Central Self Storage - 4029 E. Golden Acres Rd. Sierra Vista, AZ 85650
Storage Direct Self Storage - 4200 N. Black Canyon Hwy. Phoenix, AZ 85017
California
A-Aarkvark Self Storage - 4490 Murphy Canyon Rd. San Diego, CA 92123
North Chester Mini Storage - 700 James Rd. Bakersfield, CA, 93308
Storage Direct Self Storage - 15262 Mojave Dr. Victorville, CA, 92394
Storage Direct Corona - 1790 Pomona Rd. Corona, CA, 92880
Storage Direct Self Storage - 998 Washington Blvd. Roseville, CA, 95678
U-Store Bell - 5427 Clara Street, Bell, CA, 90201
U-Store Hollywood - 6632 Lexington Avenue, Hollywood, CA, 90038-1306
L-K Self Storage - 8150 Tamarind Avenue, Fontana, CA, 92335
Delhi Mini Storage - 10733 Flower St. Delhi, CA 95315
Myers Mini Storage - 16464 Letteau Ave Delhi, CA 95315
Storage Direct Self Storage - 16422 Adelanto Rd. Adelanto, CA, 92301
Storage Direct Self Storage - 16990 Ceres Avenue, Fontana, CA, 92335
Storage Direct Self Storage - 225 S. Carlton Avenue, Blythe, 92225
Storage Direct Self Storage - 9818 DeSoto Avenue, Chatsworth, CA, 91311
Storage Direct Self Storage - 9428 Sheep Creek Rd. Phelan, CA, 92371
Super Storage - 6637 Van Buren, Riverside, CA, 92503
Massachusetts
Burlington Self Storage - 104 W. Grove Street, Middleboro, MA, 2346
Dennis Mini Storage - 349 Hokum Rock Rd, Dennis, MA, 2638
Storage Unlimited Self Storage - 17 Terry Avenue, Burlington, MA, 1803
New Hampshire
Storage Direct Self Storage - 143 Lafayette Rd. Hampton Falls, NH, 3844
Nevada
Storage Direct Self Storage - 590 E. Silverado Ranch Blvd., 89183
Storage Direct Self Storage - 9890 Pollock Dr. Las Vegas, NV, 89183
Summit Plaza Self Storage - 4375 E. Sahara Avenue, Las Vegas, NV, 89104
Malibu Valley Self Storage - 4866 E. Russell Rd. Las Vegas, NV, 89120
Storage Direct Self Storage - 4349 S. Jones Blvd. Las Vegas, NV, 89103
Texas
Storage Direct Self Storage - 9420 Spectrum Dr. Austin, TX, 78717
Storage Direct Self Storage - 945 W New Hope Dr. Cedar Park, TX 78613
Virginia
Storage Direct Self Storage - 3318 Old Bridge Rd. Woodbridge, VA, 22192
| Address: | 7020 N. Camino Martin, Tucson, AZ 85741 |
| Years Built / Renovated: | 1998 / 2005 |
| Current Occupancy: | 61% |
| Net Rentable Area: | 53,401 square feet |
| Total Units: | 458 storage units - 268 climate controlled - 190 non-climate controlled 52 uncovered RV spaces 1 office space |
The property was originally constructed in 1998 and consisted of 37,200 square feet but was further improved with an additional 16,800 square feet in 2005. The property consists of eight (8) buildings located on a 3.8-acre lot. The property conforms well to the surrounding neighborhood infrastructure and support services. The rental spaces include 268 climate controlled units, 190 non-climate controlled units, plus 52 uncovered RV spaces and 1 office space.
The property has been approved for expansion with an additional 18,500 square feet of gross storage area which, if built, will eliminate the 52 RV spaces. The property has surplus land that is available for immediate development. The office sits at the end of one of the storage buildings and is approximately 1,200 square feet in size. There is no manager apartment.
| UNIT TYPE | SF | UNITS | TOTAL SF |
|---|---|---|---|
| RV Boat 3 | 0 | 50 | 0 |
| RV Boat 2 | 0 | 1 | 0 |
| RV Boat 1 | 0 | 2 | 0 |
| 5X5CC | 25 | 33 | 825 |
| 5X5AC-2 | 25 | 2 | 50 |
| 5X7CC | 35 | 10 | 350 |
| 5X10CC | 50 | 56 | 2,800 |
| 5X10DU-1 | 50 | 29 | 1,450 |
| 5X13 | 65 | 4 | 260 |
| 5X15CC | 75 | 2 | 150 |
| 5X15S-1 | 75 | 2 | 150 |
| 8X10CC | 75 | 2 | 150 |
| 8X15CC | 112 | 2 | 225 |
| 10X10CC | 100 | 86 | 8,600 |
| 10X10DU-2 | 100 | 65 | 6,500 |
| 10X13 | 130 | 3 | 390 |
| 10X15CC | 150 | 69 | 10,350 |
| 10X15CC-2 | 150 | 2 | 300 |
| 10X20C-1 | 200 | 8 | 1,600 |
| 10X20C-2 | 200 | 5 | 1,000 |
| 10X20SS | 200 | 38 | 7,600 |
| 10X25S-1 | 250 | 2 | 500 |
| 10X25S-2 | 250 | 36 | 9,000 |
| 30X30 | 900 | 1 | 900 |
| TOTAL | 510 | 53,401 |
A management operations history and two self storage market reports are attached below the map on the right hand side of this page for reference.
RM Securities, LLC, its registered representatives, affiliates, associated persons, and personnel of its affiliates who may also be associated with it, including our associated persons and personnel of our affiliates who are also be associated with RM Securities, LLC (it (“RM Securities,” “we,” “our,” or “us”) will receive fees, expense reimbursements, and other compensation (“Fees”) from the issuer of this investment offering, its sponsor, or an affiliate thereof (“Sponsor”), or otherwise in connection with Sponsor’s offering. The Fees paid to us are in addition to other fees you will pay to Sponsor or in connection with Sponsor’s investment offering. You will pay Fees to Sponsor, either directly or indirectly as an investor in the Sponsor’s offering. Sponsor will use the Fees you pay, as well as funds you invest in the relevant offering, to compensate us. The Fees paid to us will directly or indirectly be borne by you as the investor (typically, but not always, in the form of an expense of the Sponsor’s offering in which you invest) because such Fees will reduce the proceeds available for distribution to you and reduce the amount you earn over time.
For more information on the Fees paid to us, or any other Fees you will pay in connection with Sponsor’s offering, please carefully review the Sponsor’s Investment Documents. Please also carefully review RM Securities’ Form CRS, Regulation Best Interest Disclosures, and Limited Brokerage Services Agreement.
No Approval, Opinion or Representation, or Warranty by RM Securities, LLCSponsor has provided, approved, and is solely responsible in all aspects for the information on this webpage (“Page”), including Sponsor’s offering documentation, which may include without limitation the Private Placement Memorandum, Operating or Limited Partnership Agreement, Subscription Agreement, the Project Summary and all exhibits and other documents attached thereto or referenced therein (collectively, the “Investment Documents”). The Investment Documents linked on this page have been prepared and posted by Sponsor, and not by RM Securities. We did not assist in preparing, do not adopt or endorse, and we are not otherwise responsible for, the Sponsor’s Investment Documents. We make no representations or warranties as to the accuracy of information on this Page or in the Sponsor’s Investment Documents and we accept no liability therefor. No part of the information on this Page or in the Sponsor’s Investment Documents is intended to be binding on us.
Sponsor’s Information Qualified by Investment DocumentsThe information on this Page is qualified in its entirety by reference to the more complete information about the offering contained in the Sponsor’s Investment Documents. The information on this Page is not complete and subject to change at the Sponsor’s discretion at any time up to the closing date. The Sponsor’s Investment Documents and supplements thereto contain important information about the Sponsor’s offering including relevant investment objectives, the business plan, risks, charges, expenses, and other information, which you should consider carefully before investing. The information on this Page should not be used as a basis for an investor’s decision to invest.
Risk of InvestmentThis investment is speculative, highly illiquid, and involves substantial risk. There can be no assurances that all or any of Sponsor’s assumptions, expectations, estimates, goals, hypothetical illustrations, or other aspects of Sponsor’s business plans (“Assumptions”) will be true or that actual performance will bear any relation to Sponsor’s Assumptions, and no guarantee or representation is made that Sponsor’s Assumptions will be achieved. If Sponsor does not achieve its Assumptions, your investment could be materially and adversely affected. A loss of part or all of the principal value of your investment may occur. You should not invest unless you can readily bear the consequences of such loss. Sponsor’s Assumptions should not be relied upon as the primary basis for your decision to invest.
No Reliance on Forward-Looking Statements; Sponsor AssumptionsSponsor is solely responsible for statements made concerning forward-looking statements and Assumptions, which apply only as of the date made, are preliminary and subject to change, and are expressly qualified in their entirety by the disclosures and cautionary statements included in Sponsor’s Investment Documents, which you should carefully review. Neither RM Securities nor Sponsor are obligated to update or revise such forward-looking statements or Assumptions to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Sponsor’s forward-looking statements and Assumptions are hypothetical, not based on actual investment achievements or events, and are presented solely for purposes of providing insight into the Sponsor’s investment objectives, detailing Sponsor’s anticipated risk and reward characteristics, and establishing a benchmark for future evaluation of actual results; therefore, they are not a predictor, projection, or guarantee of future results. You should not rely on Sponsor’s forward-looking statements as a basis to invest.
Importantly, we do not adopt, endorse, or provide any assurance of returns or as to the accuracy or reasonableness of Sponsor’s Assumptions or forward-looking statements.
No Reliance on Past PerformanceAny description of past performance is not a reliable indicator of future performance and should not be relied upon as the primary basis to invest.
Sponsor’s Use of DebtA substantial portion of the total cost of the real estate asset acquired by the Sponsor with investor funds (“Property”) will be paid with borrowed funds, i.e., debt. Sponsor’s estimated rates and terms of the debt financing are subject to lender approval, and there is no assurance that the Sponsor will secure debt at the rates and terms presented on this Page or in the Sponsor’s Investment Documents, or at all. The use of borrowed money to acquire real estate is referred to as leveraging, which can amplify losses and could result in lender foreclosure. In addition, if the debt includes a variable (or “floating”) interest rate, the total amount of interest paid over the term of the debt will fluctuate and can increase. As a result, Sponsor’s use of debt can result in a loss of some or all of your investment.
Sponsor’s Offering is Not RegisteredSponsor’s securities offering will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), in reliance upon the exemptions from registration pursuant to Rule 506(c) of Regulation D as promulgated under the Securities Act (“Private Placement”). In addition, the offering will not be registered under any state securities laws in reliance on exemptions from state registration. Such securities (your ownership interests) are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable state and federal securities laws pursuant to registration or an available exemption. All Private Placements on the Platform are intended solely for “Accredited Investors,” as that term is defined in Rule 501(a) under the Securities Act.
No Investment AdviceNothing on this Page should be regarded as investment advice (either with respect to a particular security or regarding an overall investment strategy), a recommendation, an offer to sell, or a solicitation of or an offer to buy any security. Advice from a securities professional is strongly advised to understand and assess the risks associated with real estate or private placement investments. For additional information on RM Securities’ involvement in this offering, please carefully review the Sponsor’s Investment Documents, and RM Securities’ Form CRS, Regulation Best Interest Disclosures, and Limited Brokerage Services Agreement.
1031 Exchange RiskInternal Revenue Code Section 1031 (“Section 1031”) contains complex tax concepts and certain tax consequences may vary depending on the individual circumstances of each investor. RM Securities and its affiliates make no representation or warranty of any kind with respect to the tax consequences of your investment or that the IRS will not challenge any such treatment. You should consult with and rely on your own tax advisor about the tax aspects with respect to your particular circumstances.