Property Overviews

Hearthfire will drive immediate value at these existing properties through improved operations,
and significantly increase value through expansion potential. 

Property Performance Update

Since the Hearthfire Team has owned and operated two of these locations for 12 months, we have active performance data to show the impact of implementing improved business operations. This bodes well for the continued value we will drive with the latest
off-market acquisition of the third location (LaPorte, IN Annex).

Market Overview and Update

The Class-A expansions will provide much-needed storage to these growing areas.
See below for more information on market demographics and growth trends. 

Expansion Plans Taking Shape in LaPorte and Laurel

The architect renderings below illustrate the expansion project about to get underway at the two properties held by the Hearthfire Income Portfolio. These modern, efficient additions to each project will expand capacity to meet the growing demand for self storage in two markets where we're strategically positioned to capitalize on growth. 

Construction Updates and Progress

The Hearthfire team has owned these properties since January of 2023. The efforts to date have been getting entitlements for the expansions approved while navigating the capital markets to secure the best debt terms.

We are pleased to report that we are fully entitled and permitted on both projects, with construction already begun.

We are also in the final stretch of securing construction financing, so the opportunity is strongest for new investors.
Not only are new investors able to join this investment at the same call spaces as early investors, but the individual return projection is higher due to a shorter duration in the deal.

Favorable Debt Terms

Hearthfire remains focused on minimizing risk within the Income Portfolio while concurrently achieving strong returns for our investors.  One component of this strategy revolves around securing attractive debt financing.  To that end, we are very pleased to share the financing updates below. These speaks to the strength of Hearthfire and our ability to transact at better-than-market terms in a very choppy, unpredictable lending environment.  These loans will be accretive to the project and in line with our risk minimization and return-seeking strategy. 

Our Model

The Hearthfire investment model combines a team of seasoned private investment professionals whose experiences span three economic cycles since 2004. Together, they deliver:

A Disciplined Investment Strategy focused on long-term growth assets in promising markets, with portfolio construction and risk management philosophies that seek "speed to stabilization."

A proven and winning Track Record, with total full lifecycle returns of 33% net levered IRR and 2.3X equity multiple.

An independent and comprehensive platform, promising top-tier investor transparency and communications direct from company leadership using up-to-the-minute technology.

The Hearthfire Team

 Hearthfire brings together decades of experience across every dimension of real estate investing and operations. Together, these seasoned real estate and investment professionals strive to deliver the investment results and attentive personal service discerning investors expect and deserve.