The Company is a blind-pool private real estate fund that intends to invest primarily in self-storage facilities and related real estate in top secondary and tertiary markets fed by five Texas MSAs: Dallas-Fort Worth, Houston, Austin, Waco and San Antonio. It expects to invest mostly through joint ventures with local operators, including Ideal Self-Storage, and may acquire, develop, own, operate and dispose of assets. The PPM says it will seek to balance current income with capital appreciation and preserve capital. No debt is expected at the Company level.