Crystal View Capital Announces the Launch of Crystal View Capital Fund III
LAS VEGAS, Dec. 22, 2020 /PRNewswire/ -- Crystal View Capital ("the Firm") is pleased to announce the launch of Crystal View Capital Fund III, LLC ("the Fund"), which is the Firm's third fund and focuses on acquiring value-add manufactured housing communities and self-storage facilities.
The Fund, which is open to accredited investors, is targeting to raise $95 million in equity capital and has a minimum investment of $50,000.00. Just two weeks after launching, the Fund has raised over $10 million in equity capital and has approximately $10 million of real estate assets under contract which are scheduled to close by the end of Q1 2021.
"Given the demand for our core asset classes and support of our limited partners from prior funds, we are very excited to launch our newest Fund. Due to the performance of self-storage and manufactured housing during the COVID-19 pandemic, interest in both asset classes has been prodigious from institutional investors and all investors looking for yield. We will continue to focus on being disciplined in our underwriting and approach to building value for the Fund and our limited partners," says Matthew Ricciardella, Principal and Managing Partner.
Crystal View Capital is a private equity real estate firm that specializes in the acquisition and management of self-storage facilities and manufactured housing communities across the United States. Known for their in-house acquisitions and management team and unique company culture, Crystal View Capital is vertically integrated, disciplined to their investment strategy, and has a proven track record since the Firm's launch in 2014.
For more information about the Fund, please visit our website: www.crystalviewcapital.com
Notice to Investors: THE INFORMATION CONTAINED IN THIS DOCUMENT DOES NOT CONSTITUTE, OR FORM PART OF, ANY OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO PURCHASE SECURITIES. THE INFORMATION CONTAINED HEREIN HAS BEEN PREPARED FOR CIRCULATION ONLY TO THE RECIPIENT AND IT IS NOT INTENDED FOR USE BY ANY OTHER PERSON. IT IS HIGHLY CONFIDENTIAL COMMUNICATION. BY ACCEPTING DELIVERY OF THIS DOCUMENT, THE RECIPIENT PLEDGES TO USE THIS DOCUMENT SOLELY FOR THE STATED PURPOSE AND NOT TO SHARE IT WITH ANY OTHER PERSON. CRYSTAL VIEW CAPITAL FUND III LLC HAS NOT INDEPENDENTLY VERIFIED THE INFORMATION IN THIS DOCUMENT, WHICH HAS BEEN SUPPLIED FOR "INFORMATIONAL PURPOSES" ONLY AND IS SUBJECT TO AMENDMENT. WHILE THE INFORMATION IN THIS DOCUMENT IS PROVIDED IN GOOD FAITH, NO RESPONSIBILITY OR LIABILITY, WHETHER DIRECT OR INDIRECT, EXPRESS OR IMPLIED, CONTRACTUAL, STATUTORY OR OTHERWISE, CAN BE ACCEPTED BY CRYSTAL VIEW CAPITAL FUND III LLC FOR THE CONTENTS OR ACCURACY OR COMPLETENESS OF THIS DOCUMENT OR ANY OMISSION FROM THE DOCUMENT. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THE VALUE OF YOUR INVESTMENT MAY GO DOWN AS WELL AS UP, AND YOU MAY NOT RECEIVE UPON REDEMPTION OR MATURITY THE FULL AMOUNT OF YOUR ORIGINAL INVESTMENT. CRYSTAL VIEW CAPITAL FUND III LLC HAS NOT TAKEN ANY STEPS TO ENSURE THAT ANY INVESTMENT IN SHARES OR OTHER SECURITIES WOULD BE SUITABLE FOR ANY PARTICULAR INVESTOR. EACH POTENTIAL INVESTOR SHOULD, IN THE EVENT THAT AN OFFER TO PURCHASE SHARES OR OTHER SECURITIES IS SUBSEQUENTLY MADE, CAREFULLY REVIEW ALL LEGAL DOCUMENTATION RELATING TO SUCH INVESTMENT AND ALSO CONSULT WITH ITS INDEPENDENT FINANCIAL ADVISER, LAWYER OR ACCOUNTANT AS TO LEGAL, TAX AND RELATED MATTERS TO WHICH IT MAY BE SUBJECT UNDER THE LAWS OF THE COUNTRY OF RESIDENCE OR DOMICILE CONCERNING THE ACQUISITION, HOLDING OR DISPOSITION OF ANY SUCH SHARES OR OTHER SECURITIES. ANY SUCH FUTURE OFFER, IF ANY, TO INVEST IN SHARES OR OTHER SECURITIES, MAY BE MADE ON TERMS DIFFERENT FROM THOSE DESCRIBED HEREIN, AND THE INFORMATION CONTAINED HEREIN SHOULD NOT BE RELIED UPON IN CONNECTION WITH ANY INVESTMENT DECISION.
Matthew Ricciardella, Principal and Managing Partner
Crystal View Capital
Allie Hunsaker, Investor Relations Manager
Crystal View Capital
T: (702) 541-6379
[email protected]
SOURCE Crystal View Capital
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