CAPSTAQBECAUSE OWNERSHIP MATTERS
Storage Caves Forney Forney, TexasStructure not publishedStage not published Not currently available
CapstaqStorage Caves Specialty storage · Forney, Texas

Storage Caves Forney

Premium small-bay flex garages in a Dallas growth corridor.

Concept rendering of Storage Caves Forney
Concept rendering. Not a photograph of a completed property.
Section 01

Overview

A planned specialty-storage development intended to serve personal, recreational, and small-business storage demand in the Forney and Lake Ray Hubbard corridor.

Historical
12Site acres
Projected
151Planned units
121,620Planned NRSF
The facts, all nine, every deal
Asset type
Specialty storage
Location
Forney, Texas
Operating partner
Storage Caves
Investment structure
To be confirmed
Position in capital stack
To be confirmed
Minimum investment
To be confirmed
Expected investment period
To be confirmed
Current project stage
To be confirmed
Capital status
Not currently available
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Section 02

Why this opportunity exists

Why is this available, and why now.

The published thesis
  • Flexible small-bay garage format
  • Growth corridor positioning
  • Multiple ingress and egress points
  • Condo-sale exit concept in the plan

These are the points Capstaq publishes for this opportunity. They are qualitative; the sourced evidence sits above.

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Section 03

Meet the operator

The investor is backing people more than a building.

Specialty storage Storage Caves

A specialty real estate operating partner focused on Class A boat, RV, and garage-suite development concepts.

The operating company
Portfolio scale
Ten locations across seven states. Most are in development rather than built. Each garage is condo-mapped with its own parcel number, held under a managed association.
Capstaq's relationship with this operator
Capstaq is the capital and investor-relations partner on this opportunity. The operator develops and operates.
Key individuals
  • Jim StepanianChairman and Chief Executive

Photograph, background, and years in the asset class are not published for these individuals.

What this firm does
Specialty storage

Asset-specific operating perspective for garage-suite and storage uses.

Development

Site planning, entitlement, construction, and pre-sale coordination.

Market selection

Local demand and location context within each opportunity.

Condo-map strategy

Ownership and exit structure reviewed at the property level.

Operating team

Defined team responsibility through development and operations.

Business plan

Documented path that should be reviewed with opportunity materials.

The partnership

Who does what.

The operating partner develops and operates. Capstaq serves as its capital and investor-relations partner. Together, we present opportunities and support investors throughout the investment.

The operating partner

Storage Caves

  • Develops the propertySite, entitlement, design, and construction sit with the operating partner.
  • Operates the assetDay-to-day operations and performance are the operator’s responsibility, not Capstaq’s.
  • Owns the business planThe plan, its assumptions, and its execution belong to the operator.
  • Fields the operating teamThe in-market people accountable for the plan are the operator’s team.

Capital and investor relations

Capstaq

  • Builds the investor relationshipThe relationship sits with Capstaq, before an opportunity and after it closes.
  • Presents the opportunityThe asset, the operating plan, and the structure, presented in one place and in one voice.
  • Explains structure and riskWhat the ownership position is, what it depends on, and what can go wrong.
  • Coordinates access to materialsThe operating partner, as the issuer, is responsible for the offering documents, the reporting, the distributions, and the tax documents. Capstaq coordinates your access to them.
  • Manages onboardingEligibility, subscription, and funding, run as one process.
  • Maintains communicationReporting and contact continue for the life of the investment.
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Section 04

Understand the structure

Exactly what you would be buying, and where you would sit.

Where you sit
  1. You The investor Capital in, reporting and distributions out, on the terms in the offering documents.
  2. The investment entity The entity you subscribe into The vehicle you subscribe into.
  3. The property entity Owns the asset Controlled by Storage Caves, which develops and operates.
  4. Storage Caves Forney Forney, Texas The asset itself.

The entities are shown by the role each plays. Capstaq does not publish their registered names; the offering documents name them, and those documents control.

Every fee, including ours
Acquisition fee

In the offering documents

Asset management fee

In the offering documents

Construction management fee

In the offering documents

Disposition fee

In the offering documents

Refinance fee

In the offering documents

Guarantee fee

In the offering documents

Promote or carried interest

In the offering documents

How Capstaq is compensated on this transactionCapstaq

In the offering documents

This table lists every fee type that can exist in an opportunity of this kind. A row reading “not published” records that Capstaq does not publish that fee here. It does not state that the fee is absent from the transaction. Fees, their amounts, and their timing are set out in the official offering materials, which control.

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Section 07

What has to go right, what could go wrong

The downside, before you ask for it.

What could go wrong

  • IlliquidityPrivate real estate ownership cannot be sold on demand. Plan for the capital to be committed for the duration.
  • Loss of principalInvestments involve risk, including possible loss of principal. Past performance is not indicative of future results.

These two risks are true of every opportunity on this platform. Risks specific to this opportunity, what each would do to the plan, and what mitigation exists are not published here.

What has to go right

Not yet published.

The assumptions this plan depends on, lease-up pace, exit cap, construction cost and rate environment, are not published for this opportunity.

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Section 08

Documents and due diligence

The file, and who releases it.

Offering documents
  • Offering memorandum / PPM
  • Operating agreement
  • Subscription documents
Financials
  • Sources and uses
  • Development budget
  • Financial model
Property and construction
  • Site plans and renderings
  • Construction information
Sponsor and entity
  • Entity structure
  • Sponsor information

Available to qualified investors after access approval.

Locked items are the standard file of a private placement and are released by the issuer, not by Capstaq. A category that does not appear here has not been commissioned or is not part of this opportunity, which is different from being withheld.

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Next

Good questions make better conversations.

Current availability, terms, risks, and eligibility are confirmed only in the official materials. Start with a conversation.

A single PDF of this complete file, watermarked and dated, is not available yet. When it is, it will carry the same ten sections in the same order as this page.

This high-level overview is not an offer or solicitation. Official offering documents, eligibility requirements, and risk disclosures control. The ownership structure for this opportunity is not published here. Where a structure is not published, it is confirmed in the official materials before any decision.

Storage Caves Forney

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Capstaq publishes no minimum for this opportunity, so nothing here assumes one.

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