DEAL TIME! Sponsor Profile

Reliant Real Estate Management - Self Storage

Reliant Real Estate Management

About 

 

  • A commercial Self-Storage operator with offices in Roswell, GA founded in 2009
  • Top 30 largest Self-Storage operator in U.S. in 2020
  • Current portfolio of 50 properties, 31,000+ units, and a portfolio valuation of over $350,000,000+
  • Experienced leadership team with over $650,000,000 in Self-Storage transactions in past 5 years

Track Record

  • Average project level returns on 38 properties sold are:
    • 33.8% IRR
    • 2.57x equity multiple
  • Average hold time on 38 properties sold is 3.62 years
  • Average project level annual return on 38 properties sold is 48.4% 
  • Average NOI growth over holding period is 34.3%
  • Average Exit Cap Rate is 5.16%

The Reliant Story (in their own words)

"At Reliant we believe a great performance starts with a great team. Our  senior leadership team at Reliant has over 100 years  of combined experience in  the self-storage industry.

"From acquisitions to operations we are focused on driving results. We  believe our best partnerships are ones where we all win together.

Our conservative approach to underwriting and long term approach to wealth  creation allow us to generate outsized returns for our investors."

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Principal Background

Kris Benson, is the Chief Investment Officer for Reliant Real Estate Management, one of the top 30 commercial self-storage operators in the U.S. in 2020. As Chief Investment Officer, Kris is a member of the company’s investment committee that is responsible for overseeing the company’s new acquisitions. Kris also is responsible for investor relations and working with accredited investors to raise the capital needed for Reliant’s acquisition of new self-storage properties.

In the last 12 months the Reliant team has invested over $100MM in self-storage projects and raised over $50MM from accredited investors. Self-Storage provides a unique opportunity to invest in one of the most successful asset classes in the past 5 years and take advantage of the institutional interest moving forward. Reliant is currently raising equity for a $50MM equity fund focusing on value add and stabilized self-storage assets.

Reliant's deals on the DEALTIME! podcast: