RuCo Year End Newsletter - 2022 Rewind
There is little doubt that 2022 will be a year that many will not soon forget. In the face of economic headwinds, the RuCo managed storage portfolio grew leaps and bounds over the past year. As the saying goes "if you always stay ready, you never have to get ready."
RuCo 2022 Summary
Rentable SF Growth +97.5% Unit Count Growth +150.1% Transaction Volume $15.5MM Portfolio SF 433,000 SF Equity Deployed $9.5MM
Without the support of our partners, none of the aforementioned accomplishments or objectives are remotely possible. To all our partners, thank you for your continued support and enabling us to execute the business plan for each acquisition.
We wish you and your family a happy holidays and a prosperous 2023!
All the best,
RuCo
Rudolph Companies ("RuCo")
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In this edition of the monthly newsletter, we’re thrilled to bring you the latest on our newest investment opportunity, a compelling market comparison following a significant industry acquisition, and an update on beneficial legislative changes affecting our Tennessee investments. Part 1: Latest Offering As you probably know, we released our first deal in over a year to investors 2 weeks ago. We still have room for additional investors. Here are some high-level details: Debt: We have secured...
Quick Update Before We Dive In: In case you missed it, we are officially launching a new deal next week—the first one in a year that was juicy enough to bring to investors. If you're interested in reviewing the details, feel free to respond to this email or click here to make sure you're on the distribution list. -- -- The Importance Of Clean Title When Buying Property Securing a clear title is crucial when buying property. Usually, minor issues can be handled by your title company and...
Before we jump in, a quick note: For the first time in over a year, we have a deal in the crosshairs and intend to release the deal info in the next week or two. If you want to be added to our distribution list, click here. -- -- One of our properties has a neighboring pond and a natural spring which kept the ground very wet. This would get worse when it rained. The straw finally broke the camels back earlier this year when there were 3 separate episodes of moderate rain, each taking place a...