A successful refinance is more than just a financial transaction—it’s a powerful validation of a property’s performance and the business plan that drives it. It’s a moment when the value we’ve worked to create on paper is formally recognized by a third-party lender, unlocking significant benefits for our investors. 

At Crystal View Capital, we are thrilled to announce the successful completion of multiple refinances across our funds, a clear sign that our portfolio of self-storage facilities and manufactured housing communities is not only resilient but actively appreciating in value. This is a testament to our team's relentless focus on operational excellence and our commitment to delivering tangible returns for our investors. 

Our recent refinances are a direct reflection of our ability to acquire underperforming assets and, through our hands-on management, transform them into high-performing, institutional-grade properties. 

Success Stories from the Portfolio 

Here's a look at some of the recent accomplishments driving this momentum: 

• Florida: Acquired in June 2022, our team successfully increased Net Operating Income (NOI) by an impressive 173%. Through professional on-site management and strategic improvements, we raised the average unit rent from $81 to $131 per month, while maintaining a strong 90% occupancy. This remarkable growth positioned the property to secure new, favorable long-term financing. 

• North Carolina: A similar story unfolded at this 551-unit self-storage facility, acquired in July 2022. By implementing operational efficiencies and strategic marketing, we grew NOI by 74% and boosted the average unit rent from $78 to $123. The property’s strong performance allowed us to secure a $5.35 million loan with a 10-year, interest-only term. 

• Oregonia: Acquired in 2023, our team successfully increased NOI by 30%. Through strategic operational improvements and professional marketing, we increased occupancy 20% and increased off-season revenue by winterizing and adding 20 additional lots. The property’s strong performance allowed us to secure a $3.35 million loan with a 10-year, interest-only term.  

These are not one-off successes. We are seeing similar results across our portfolio, including recent refinances for Lambertville Mini Storage and Colonial Terrace MHC.  

The Crystal View Capital Advantage 

What’s the secret behind this consistent value creation? It's our fully vertically integrated platform. Unlike many operators who outsource management, we control every aspect of the investment lifecycle, from acquisition and underwriting to on-site property management. 

This unique advantage allows us to: 

Source Off-Market Deals: Our team has a proven track record of finding undervalued "mom and pop" properties that others overlook. 

Execute Value-Add Strategies: We have the in-house expertise to implement strategic improvements, optimize operations, and reposition assets for maximum profitability. 

Secure Favorable Financing: Our demonstrated ability to create value and stabilize properties allows us to secure attractive long-term financing from lenders, a testament to our assets' quality and our operational track record. 

For our investors, this continuous cycle of value creation translates directly into tangible benefits. Our commitment to discipline and performance has enabled us to maintain a track record of unbroken preferred returns, standing out in a market where many other operators have faltered. 

These refinances are a powerful sign that our strategy is working—generating strong, consistent returns and providing our investors with peace of mind. As we continue to execute on our business plans and grow our portfolio, we remain dedicated to creating long-term value and delivering on our promises. 

Disclaimer: Past performance is not indicative of future results. The investment returns referenced herein, including IRR and MOIC, reflect historical outcomes specific to this asset and are not a guarantee of future performance. This communication is intended for informational purposes only and should not be construed as an offer to sell or a solicitation of an offer to buy any security or investment product. Any offering is made only pursuant to formal offering documents and in accordance with applicable securities laws.