Ben Stempel Principal
Seasoned real estate investment professional with 8+ years evaluating residential and self storage acquisitions. Overseen $600M+ total capitalization and asset managed 2k+ multifamily units through complex situations.
Sub-Institutional Self Storage Aggregation Strategy
Acquire. Improve. Aggregate. Exit.
Prairie Peak Investments is a private investment firm specializing in the acquisition of mismanaged sub-institutional self storage facilities in select undersupplied micromarkets across the U.S.
Target12%+ IRR
Target1.7x+ MOIC
Hold5–7 years
*Targets are net to investors over 5–7 years at ~65% LTV stabilized portfolio leverage.
Focus
- Aggregate mismanaged sub-institutional self storage into regional portfolios
- Operational improvements via best-in-class regional property management relationships
- Exit/recapitalize into active institutional self storage market
Investment Strategy
1) Aggregate Portfolio
Accumulate regional portfolios of self storage assets with a disciplined focus on going-in basis, untrended yield-on-cost, and reliable in-place cash flow.
2) Operate Efficiently
Implement hybrid remote management and optimize revenue through rent roll improvements and technology.
3) Portfolio Exit
Strategically exit or recapitalize via liquid public REIT / private markets with cap rate arbitrage from institutional scale.
Why Prairie Peak
Strong Risk-Adjusted Returns
Targets attractive stabilized yields on cost and gross returns, comparing favorably to value-add private equity and public REIT expected return profiles.
Resilient Portfolio
Self storage has a track record of resilient performance driven by need-based demand and diversified rent rolls.
GP Experience
Principals bring decades of combined self storage and multifamily investing experience with alignment via co-investment.
Disciplined Buy Box
Single-story functional facilities across primary, secondary, and select tertiary markets with emphasis on supply-constrained micromarkets.
Team
Jack Day Principal
10+ years in commercial and residential acquisitions specializing in self storage. Evaluated 500+ transactions totaling $5B+ and closed 26 totaling 2.3M SF and $330M.
Andi Roberts Principal
11+ year career managing a commercial real estate portfolio exceeding $2.6B total capitalization. Expert in valuations, complex modeling, budgeting, and investor relations.
Prairie Peak Principals spent numerous years working closely together and bring 30+ years of combined experience in self storage and multifamily investing.
Let’s Build Something Together
For partnership inquiries, investment opportunities, or introductions:
Email
prairiepeakinvestments@gmail.com
Jack Day
224-383-4785
Ben Stempel
847-287-9776
Andi Roberts
303-525-4565
Confidentiality
This site is intended for general informational purposes and does not constitute an offer or solicitation.