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Veritas Group, an investment platform that delivers institutional-quality real estate investments across the multifamily and self-storage sectors, announced today that its Storage Units Income Fund II would be closing to new investments on or before December 31.<\/span><\/span><\/span><\/p>\n “We are thrilled with the success of this fundraise and grateful for the strong support we have received from a diverse group of investors,” said Sean Casterline, CEO for Veritas Group. “Investors continue to gravitate to self-storage as a recession-resilient asset class that generates steady cash flow and high margins.”<\/span><\/span><\/span><\/p>\n To date, alongside our 1031 investors, the company raised over $35 million that funded eight self-storage facilities with more than 896,000 rentable square feet in high-demand markets across the Southeast.<\/span><\/span><\/span><\/p>\n As part of its lifecycle planning, the fund expects to undergo an independent portfolio valuation in early 2026, a milestone that may present an attractive tax-planning opportunity for certain high-income investors. Because the fund’s assets will be in various stages of development at that time, the valuation is anticipated to reflect construction-phase economics, including upfront and non-recoverable costs, which can result in a temporarily reduced fair market value compared to stabilized operations.<\/span><\/span><\/span><\/p>\n For investors utilizing retirement accounts, this valuation window may be particularly advantageous for those considering a Roth IRA conversion, as taxes are assessed based on the asset’s value at the time of conversion. Converting during a lower valuation period can allow investors to pay taxes on a reduced amount while positioning future appreciation and distributions to potentially occur on a tax-free basis.<\/span><\/span><\/span><\/p>\n For more information, please contact Brian Rivera at BrianR@Veritas.Group<\/span> or call (714) 604-5784.<\/span><\/span><\/span><\/p>\n About Veritas Group<\/b><\/span><\/span><\/span><\/p>\n Veritas Group is a fully integrated real estate investment platform focused on institutional-quality multifamily and self-storage assets primarily across the Southeast. With deep sector expertise and a disciplined, hands-on approach, the firm partners with financial professionals to deliver durable, risk-adjusted returns across market cycles. To learn more, visit veritas.group<\/span><\/span><\/span><\/p>\n Contact:
\n<\/span><\/span><\/span>Jennifer Franklin
\n<\/span><\/span><\/span>Spotlight Marketing Communications
\n<\/span><\/span><\/span>(949) 427-1385
\n<\/span><\/span><\/span>jennifer@spotlightmarcom.com<\/a><\/span><\/span><\/span><\/span><\/p>\n