Working With Scaffold Partners
Balancing Risk and Return is Essential to Success
A healthy, diversified self-storage real estate portfolio consists of a balance of higher risk, higher reward and lower risk, lower reward investments. Scaffold offers its investors guidance on the best opportunities for their portfolios, and ongoing expert analysis of the associated levels of risk-return for each investment. Factors that impact the level of risk include: The market (location, population, traffic count, income level, etc.) and the self-storage facility type (new build, conversion of existing building, or takeover).
We diversify and balance portfolios by partnering with sponsors in a variety of locations and communities, with different facility types. Lower risk acquisitions – for example, the takeover of an operating, geographically close facility by a known, established partner – may offer lower anticipated returns than a higher risk acquisition – for example, a new partner building a new facility in an unfamiliar territory.
Protecting Our Investors
While any investment carries inherent risks, Scaffold Partners strives to protect investors using at least two means.
- Sponsor vetting and investor alignment – We carefully vet sponsor partners to ensure they have an impeccable reputation, a track record of success, and considerable self-storage experience. We encourage our investors to have a diversified portfolio, and offer various investment opportunities to mitigate risk. Scaffold does meticulous due diligence on and thoroughly underwrites each deal. We also structure our deals with priority returns, two classes of stock and IRR hurdles, ensuring that both Scaffold and our sponsor partners have significant “skin in the game.”
- Disclosure and safeguards – We offer fraud and negligence safeguards as well as investor protections including full disclosure of fees, deal terms, sponsorship information, and other variables. We also provide oversight that ensures the operating sponsor does not overreach financially, and that loans have reasonable terms to protect investors.
To achieve transparency, we communicate regularly with our investors via quarterly updates, zoom meetings, emails, and phone calls. We also routinely send out educational materials on the industry.
Scaffold Leadership
Jeremy Greshin, Principal
The founding member of Scaffold Partners, Jeremy Greshin has been funding investment opportunities in commercial real estate since 2015, focusing on self-storage since 2021. Jeremy connects qualified investors and family offices to solid, well-vetted investments that deliver attractive, consistent financial returns. He collaborates with experienced operators and other professionals to present those opportunities to his clients. He invests personally in each deal alongside his investors.
A business and tax lawyer by training, Jeremy has helped companies in a variety of industries grow their businesses domestically and internationally for the past 30 years. He develops and maintains relationships with leading sponsors, family offices, and investors to help them achieve their goals.
Jeremy is a graduate of Hamilton College and Vanderbilt Law School. He has been actively involved in nonprofit work throughout his career.
Contact us to start a conversation about your interest in self-storage investment.