Patriot Holdings

Patriot Holdings Delivers Astounding 29.77% IRR for Investors in a $22M Portfolio Exit We are extremely pleased to share with you that Patriot has successfully completed the sale of its 8 Mobile Home Community Portfolio in the Pittsburgh, PA metro area for $22M, resulting in exceptional returns for investors and 29.77% IRR (investor level) over the lifetime of the investment.   The assets were acquired and operated by the Patriot Opportunity Fund: - 8 Mobile Home Communities, located in Pennsylvania. - 513 Lots sold for $42,885/Lot - Closing Date: July 14th, 2023 The sale has generated $2.886M in profits for investors, a 29.77% IRR and a 1.73x Equity Multiple on the 3 Year and 2 months hold period. An additional $4.262M of capital was returned to investors. Investment Returns  - Total Cost Basis: $13,096,173 - Total Value Upon Exit (3 years and 2 months): $22,000,000 - Project Level Profit: $7,895,283 - Investor Capital Returned: $4,262,696 - Profit Distributed To Investors: $2,886,864 - Investor Equity Multiple (MOIC): 1.73x - Investor Level IRR: 29.77%   The assets were acquired by Fund I in 2020 & 2021 for $13.096M. Over the 3 years and 2 months of ownership, our operations team drove revenue growth and asset enhancement and executed our original business plan leading to the increase in value. We believe this is the right time to sell these assets as we have maximized their value via our operational plan and because we received a strong offer to sell all eight assets to the same buyer at this time.   We are extremely pleased with this result, and to date, Fund I has exceeded our initial investor return projections; we reached our 5-year goals for projected asset values in just over 3 years. We anticipate successfully exiting the remaining assets in Fund I by year-end.   Please contact our investor relations team to learn more about our investments in Self-Storage and Mobile Home Communities via our Funds.   We have a limited opening in Fund III and Fund IV. Please secure your commitment while the investment is open.   To invest now, visit the Investor Portal here. https://lnkd.in/gVkrFe3z   If you would like to discuss these funds in more detail or have any questions, please use the links below to schedule a call with our Investor Relations team.   Schedule a call with Jeanie Bizar, Investor Relations Manager https://lnkd.in/gHqkdAGv

Please join @JeremiahBoucher and #PatriotHoldings in recognizing @SummerArevalo for promoting our #culture of #FindingYourEdge We are thrilled to recognize Summer Arevalo, our exceptional Operations Accounting Manager, for her outstanding contributions since joining our team in December. Summer's exemplary leadership, commitment to excellence, and embodiment of our company culture make her an invaluable asset to our organization. In her role, Summer has significantly streamlined our accounting processes, ensuring both accuracy and efficiency. Her meticulous attention to detail and strong analytical skills have led to the identification and resolution of key issues, resulting in improved financial reporting and operational performance. Summer's proactive attitude and innovative approach to problem-solving have added tremendous value to our company. Beyond her individual achievements, Summer has fostered a positive and collaborative work environment that perfectly aligns with our company's values. Her infectious enthusiasm and positive attitude have significantly enhanced team morale, inspiring all of us to strive for higher standards. Summer, thank you for your unwavering dedication and for being a true leader. You are a standout candidate for Employee of the Month, and we are grateful to have you on our team! #TeamAppreciation #Accounting #Managers #EOS #ThankYou #Leadership #GrowthMindset #Grateful #Rockstar #EmployeeRecognition #ValuedTeamMember #Initiative #PositiveAttitude #Success #Growth #Contributions #Giving #Determination #WorkEthic #Consistency #Reliability #EasyToWorkWith #TeamPlayer #OfficeHero #Kudos #InspirationalLeader #PatriotHoldings #TeamSpirit #CompanyCulture #AllPurposeStorage

Today, we extend immense gratitude to our Patriot Holdings investors for their unwavering support. During our May 2024 Investor Dinner, we reflected on the remarkable journey we have shared, the ambitious goals we are striving to achieve together, and the strong sense of community that binds us. We are inspired to channel this renewed energy into our ongoing efforts, driving forward together with unified purpose. #Community #Gratitude #RealEstate #ThePatriotWay

Please join @JeremiahBoucher and #PatriotHoldings in recognizing @LaurieComerford for promoting our #culture of #FindingYourEdge It's time to shine a spotlight on someone whose dedication and passion truly set the bar high in our organization. Meet Laurie Comerford, the Operations Manager at All Purpose Storage! For nearly two years, Laurie has been the driving force behind our operational success. Her commitment to excellence has played a pivotal role in shaping the seamless daily operations necessary for achieving our goals. Laurie is not just an operations manager; she's an organizational mastermind. She ensures that our team of Facility Supervisors and Facility Coordinators are always in sync, with clear communication and directives flowing effortlessly from all channels. But Laurie's dedication doesn't stop there. She's the first one to arrive in the office every morning, and more often than not, she's the last to leave. Her tireless work ethic and unwavering passion for both the company's success and the individual success of her colleagues embody the true spirit of teamwork, integrity, and tenacity. Laurie, we want you to know that your hard work and commitment do not go unnoticed. We are immensely grateful to have you as a leader and a teammate, paving the way for success as we journey through 2024 and beyond. Your dedication inspires us all to strive for greatness every day. Thank you for everything you do, Laurie. Here's to many more milestones and successes together! #TeamAppreciation #Operations #Managers #EOS #ThankYou #Leadership #GrowthMindset #Grateful #Rockstar #EmployeeRecognition #ValuedTeamMember #Initiative #PositiveAttitude #Success #Growth #Contributions #Giving #Determination #WorkEthic #Consistency #Reliability #EasyToWorkWith #TeamPlayer #OfficeHero #Kudos #InspirationalLeader #PatriotHoldings #TeamSpirit #CompanyCulture #AllPurposeStorage

Please join @JeremiahBoucher and #PatriotHoldings in recognizing @KojakChiu for promoting our #culture of #FindingYourEdge In the heart of our Acquisitions Team lies a true gem - Kojak Chiu. Kojak isn't just smart; he's a force of nature when it comes to organization and staying informed. His dedication to learning and evolving sets a stellar example for us all. But what truly sets Kojak apart is his innate ability to foster engagement and ignite thought-provoking discussions in the office. From brain-teasing riddles to stimulating debates, Kojak infuses our break times with contagious energy and meaningful dialogue. He effortlessly brings out the best in others, encouraging us to think critically and engage deeply. It's no wonder he's one of the favorites around here! But Kojak's impact goes beyond mere entertainment. His genuine nature, coupled with his relentless work ethic, has made him a beloved member of our team. He embodies our company culture with every fiber of his being, embracing our values of pride, accountability, teamwork, resourcefulness, integrity, and an unyielding obsession with deals, all while demonstrating unwavering tenacity. Today, we want to take a moment to express our gratitude to Kojak for his invaluable contributions. Kojak, thank you for being a shining example of excellence and for enriching our workplace with your presence. Here's to many more years of collaboration, growth, and shared success! And in the true Kojak spirit, a riddle: “I speak without a mouth and hear without ears. I have no body, but I come alive with wind. What am I?” #TeamAppreciation #TransactionCoordinator #ThankYou #Leadership #GrowthMindset #Grateful #Rockstar #EmployeeRecognition #ValuedTeamMember #Initiative #PositiveAttitude #Success #Growth #Contributions #Giving #Determination #WorkEthic #Consistency #Reliability #EasyToWorkWith #TeamPlayer #OfficeHero #Kudos #InspirationalLeader #PatriotHoldings #TeamSpirit #CompanyCulture

Value-add investing at Patriot extends beyond real estate. Founder Jeremiah Boucher is a proud supporter of Sprouts Chef Training, a nonprofit that equips young people to rise from hardship through culinary training and job placement. Jeremiah has funded five chef training internships for youth with his support of the organization, investing in their professional development and opening the door for their future successes. #investing #ThePatriotWay #valueadd #investinchange #investingforgood #giveback

Highlights from Patriot Holdings' Annual Team Workshop! This is a time to reflect on the year, strengthen team culture, and chart new paths forward. We're eager to kick off another year of advancement for Patriot and gains for investors. #ThePatriotWay https://lnkd.in/gHPsz8yN

Another productive week guys! I want to share this video from Kara Lawson with everyone. It's only 3 minutes. https://lnkd.in/gCkpdUW6 Such a good reminder that challenges and hard things make us better. The biggest take away is "you never make it", you never stop experiencing hard things, you never hit a point its easy, you never make it. There's no such thing as making it. Hard things and big challenges will happen always! Yet when you keep growing, they don't feel that way, because you've built up the ability to take it on and think clearly, see it for what it is, and have the tools and capacity to step up and handle any situation when others are flailing and flustered wasting valuable time, energy and focus.

Please join @JeremiahBoucher and #PatriotHoldings in recognizing @PaytonDuvall for promoting our #culture of #FindingYourEdge We are thrilled to take a moment to celebrate the exceptional contributions of Payton Duvall, our Transaction Coordinator at Patriot Holdings. Payton is the wizard of Oz in our DD department, diligently keeping everything together behind the scenes. In her role, Payton is responsible for gathering and meticulously reviewing information on deals we are purchasing, ensuring nothing slips through the cracks. She is the linchpin between Acquisition, Finance, Construction, Legal, and Insurance departments, expertly managing important timelines and facilitating seamless communication and coordination. Payton's expertise extends to data migration of Acquisition and Disposition, where she tracks every detail of what comes in and out with precision and accuracy. Her commitment to maintaining data integrity is truly commendable. Beyond her technical prowess, Payton embodies the spirit of a true team player. She consistently goes above and beyond to support her colleagues and approaches every task with a positive attitude and enthusiasm. Her dedication to excellence and unwavering attention to detail make her an indispensable asset to our team. Payton, your hard work and dedication do not go unnoticed. You are a shining example of professionalism and excellence, and we are incredibly grateful to have you on our team. Please join us in congratulating Payton on her outstanding performance and thanking her for her continued contributions to our success! #TeamAppreciation #TransactionCoordinator #ThankYou #Leadership #GrowthMindset #Grateful #Rockstar #EmployeeRecognition #ValuedTeamMember #Initiative #PositiveAttitude #Success #Growth #Contributions #Giving #Determination #WorkEthic #Consistency #Reliability #EasyToWorkWith #TeamPlayer #OfficeHero #Kudos #InspirationalLeader #PatriotHoldings

Patriot's self-storage investment strategy involves finding and maximizing properties with untapped potential. We implement these seven strategies to boost the value of our self-storage facilities, meaning investors can receive higher returns. #realestate #invest #investment https://lnkd.in/df5d6Pet