Company Research Report: Joule Capital Ventures
Company Overview
Name
Joule Capital Ventures (JCV)
Mission
Provide both accredited and non-accredited investors with the opportunity to invest in high-potential commercial real estate projects, focusing primarily on self-storage, adding value through improved operational management, conversions, and facility expansions.
Founded
No information is available
Founders
No information is available
Key People
- Erik Osterhus, Chief Executive Officer
- Bruno Marquez, Financial Analyst
Headquarters
5311 Kirby Dr #219, Houston, TX 77005
Number of Employees
No information is available
Revenue
No information is available
Known For
- Developing, expanding, and operating self-storage facilities.
- Participated in over $300 million in self-storage transactions.
- Divested a 14-property portfolio to National Storage Affiliates, totaling approximately 6,600 units and 1.2 million square feet of rentable space.
Products
Acquisitions
- Description: Due diligence process ensures accurate execution of transactions with risk mitigation measures.
Debt Financing
- Description: Structured by partnering with experts in capital markets strategy and maintaining close relationships with lenders.
Equity Partners
- Description: Focuses on capital aggregation and wealth preservation, partnering with small investors, self-directed IRA investors, and high-net-worth individuals.
Deal Structure
- Description: Tailors deal terms on an individual project basis to accomplish investor goals.
Development
- Description: Specializes in delivering quality builds from land purchase to completion, with proven value and longevity.
Third-Party Management
- Description: Works with facility owners on marketing, revenue management, training, financial reporting, and general property management.
Self Storage Consulting
- Description: Leverages experience in developing, owning, and managing over 1.2MM square feet of self-storage to assist clients at any project stage.
Recent Developments
Recent Company Developments
- Erik Osterhus announces new capital and commercial ventures: On April 11, 2022, Erik Osterhus, formerly of Pinnacle Storage Properties, launched two businesses, Joule Capital Ventures.
New Products Launched
- No information is available
New Features Added to Existing Products
- No information is available
New Partnerships
- No information is available
Projects
Current Projects
- PSJ II, Jacksonville, TX: October 2023
- Pro Storage of Jacksonville, Jacksonville, TX: January 2023
- Wildcat, Houston, TX: February 2022
- Wimberley Hill, Wimberley, TX: January 2022
- Storage Plus of Katy Kingsland: March 2017
Previous Projects
- Caney Creek Self Storage: April 2017
- Storage Plus of Katy: October 2017
- Storage Plus of College Station: October 2017
- Storage Plus of Garland: May 2018
- Storage Plus of Lake Conroe: October 2017
- Storage Plus of Conroe: October 2018
- Storage Plus of Livingston: May 2019
- Storage Plus of Old Katy: June 2019
- Storage Plus of Spicewood: October 2017
- Storage Plus of Bellville: July 2019
- Storage Plus of Taylor Hutto: June 2020
- Storage Plus of Stephenville: November 2020
- Storage Plus of Mineral Wells: November 2020
- Storage Plus of Pine Bluff: December 2020
Contact Information
- Address: 5311 Kirby Dr #219, Houston, TX 77005
- Email: consult@joulecapitalventures.com
- Phone: 123-456-7890