$8,145,740 Offering Provides Accredited Investors Access to Institutional-Grade Self-Storage Asset in Athens, Alabama
Roswell, GA
— Reliant Real Estate Management ("Reliant" or, RREM, or the
"Firm"), a private real estate investment sponsor focused on Self
Storage, today announced the launch of the Reliant/Midgard Athens DST I (RMAT,
or the "Offering"), an $8,145,740 Delaware Statutory Trust offering
providing accredited investors with fractional ownership interests in a
self-storage facility located in Athens, Alabama. RMAT represents RREM's
inaugural DST offering, marking a significant milestone in the Firm's continued
expansion of its investor product suite within the Private Wealth Channel.
RMAT
is a 459-unit self-storage facility comprising approximately 60,510 rentable
square feet situated in Athens, AL, e.g., a corridor of northern Alabama. The
asset features climate and non-climate units, 24/7 video surveillance, gated
keypad access, exterior lighting, a fenced perimeter, on-site management, and
U-Haul rental availability. The property was built in 2021 and, at the time of
offering, was 91% occupied. It is operated by Midgard Self-Storage, RREM's
property management company.
Structured
as a Delaware Statutory Trust, the Offering is designed to provide eligible
investors — including those seeking potential tax-deferral planning through
Section 1031, subject to investor eligibility and applicable tax rules — with
access to a professionally managed, income-producing real estate asset. DST
interests are offered as securities pursuant to Regulation D under the
Securities Act of 1933, as amended, and are available exclusively to accredited
investors. The minimum investment is $50,000. Reliant has engaged ARKAP Markets
as dealer-manager for the Offering, and Peak Capital Solutions for wholesale
distribution.
"The
launch of Reliant' s DST platform with RMAT, is a meaningful step forward for
us and reflects our commitment to delivering institutional-quality real estate
investment products to the Private Wealth community. Self-Storage is a
time-tested real estate asset category across multiple real estate market
cycles. We believe Athens, Alabama represents a market with strong demand
drivers and accelerating fundamentals to support our Self Storage thesis. Tax
advantaged 1031/DSTs will remain a key component in portfolios solving for tax
efficiency in the coming years. We look forward to working with financial
advisors and their clients to provide access to Storage real estate and tax
advantaged solutions within Private Wealth."
-
Chris Zollo, Managing Director, Reliant Real
Estate Management
"For
decades, the self-storage sector has demonstrated resilience across multiple market
cycles. It offers meaningful operational efficiencies, exhibits durable
demographically demand driven fundamentals, and predictable income. The Athens,
Alabama metropolitan area has experienced rapid population growth and
significant employment expansion driven by private investment contributing to
elevated occupancy and sustained rent growth across the submarket. RREM's
investment thesis for RMAT is predicated on these favorable attributes,
and the launch of our DST platform will allow us to provide similar tax
advantaged solutions to accredited investors through Self Storage.
- Todd Allen, CEO, Reliant Real Estate Management
RMAT
represents the inaugural Delaware Statutory Trust offering sponsored by Reliant
Real Estate Management, complementing the Firm's existing products within the
Private Wealth channel. (5 Reg D Value-Add CEFs).
Since its founding, RREM has completed 86 full-cycle investments, scaled to
$1.6 billion in assets under management, and built a portfolio of more than 100
properties across 10+ states. The 1031/DST structure further broadens
the Firm's tax advantaged product solutions to independent broker-dealers,
registered investment advisors, and high-net-worth investors.
About Reliant Real Estate
Management
Reliant Real
Estate Management (RREM) is a Roswell, GA based private real estate investment
sponsor for Self-Storage. RREM is a vertically
integrated owner and operator of self-storage real estate, focused on
delivering consistent, repeatable performance for institutional and private
capital partners. Founded in 2010 and headquartered in Roswell, GA, Reliant has
grown into one of the top self-storage platforms in the United States through
disciplined execution, operational excellence, and long-term alignment with
investors.
Media & Investor Relations Contact:
Chris
Zollo
Managing Director, Investor Relations
Reliant Real Estate Management
**Past performance and prior investment activity are not indicative of future results.
**This
communication is summary in nature and a complete description of the risks
associated with DSTs and RMAT can be found in its entirety in the private
placement memorandum and related offering documents.