Please see Privacy Policies below. This website is intended for information purposes only and is not an offer or solicitation to buy securities of any sort. Please see below for more details.
The information provided on this website is for informational and discussion purposes only and is not and may not be relied on in any manner as, legal, business, financial, tax or investment advice or as an offer to sell or a solicitation of an offer to buy an interest in Leitbox Portfolio Partners Self Storage Fund II (LB Fund II or the “Fund”). A private placement of units of limited liability company interests (“Units”) in the Fund will only be made pursuant to a confidential private placement memorandum (as may be amended or supplemented from time to time, the “PPM”), the Fund’s subscription documents, and the Fund’s limited liability company agreement (collectively, the “Offering Documents”), which will be furnished to qualified investors on a confidential basis at their request and should be reviewed in connection with any consideration of an investment in the Fund.
An investment in the fund is illiquid, speculative, and involves a high degree of risk—including the loss of principal invested. No assurance can be given that the Fund’s investment objectives will be achieved. This website does not contain all of the information and risk factors that would be important to an investor in making an investment decision. Some of the more significant risks include the following: financing may exceed the anticipated loan-to-value ratio of 50% to 80% for all of the properties acquired. No existing commitment for any loans has been obtained and, therefore, the amount and terms of any future loans are uncertain and will be negotiated by the Manager. No assurance can be given that future cash flow will be sufficient to make the debt service payments on loans encumbering acquired properties and to cover all operating expenses of the properties; if property revenues are insufficient to pay debt service and operating costs, and additional working capital is unavailable, lenders may foreclose on one or more properties and investors could lose their investment. Leitbox is a newly formed business entity with no history of operations and limited assets, is subject to the risks involved with any speculative new venture and no assurance can be given that it will be profitable. There can be no assurance that cash distributions will in fact be made or, if made, whether those distributions will be made when or in the amount anticipated. An interest in the Fund is not freely transferable and an investor must bear the economic risk of his, her or its investment for an indefinite period of time. There will be no market for interests in the Fund and an investor cannot expect to be able to liquidate his, her or its investment in the case of an emergency. Any transfer of an interest in the Fund requires the prior written consent of the Manager. The Fund may raise significantly less than the target equity raise which would limit the number of properties it may acquire, thereby potentially affecting investors’ return on investment. Real estate risks include fluctuations in occupancy rates, rent schedules, operating expenses, interest rates, real estate tax rates; changes in governmental rules, regulations, and fiscal policies; the effects of inflation and enactment of unfavorable real estate, rent control, environmental, zoning or hazardous material laws; uninsured losses; risks related to the renovation and rehabilitation of properties, including construction risks; the general economic climate and changes in the overall real estate market and local real estate conditions; and the financial condition of tenants, buyers and sellers of properties, and the supply of or demand for competing properties.
LEITBOX STORAGE PARTNERS, LLC
The Protective Center | 2801 Hwy 280 S, Suite 345, BHM, AL 35223 | (855) 888-2786
Copyright © 2021 Leitbox Storage Partners, LLC - All Rights Reserved.
Securities offered through Emerson Equity, LLC, member FINRA/SIPC. The information contained herein is for informational purposes only and is not an offer or solicitation to purchase any securities.
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