Boat/RV Self-Storage Developer Ramser Appoints Chief Investment Officer
Ramser Development Co., a developer and operator of boat and RV storage, has hired Adam Deermount as chief investment officer. He’ll be responsible for strategically expanding the company’s established portfolio, according to a press release.
Deermount has more than 20 years of experience in commercial and residential real estate and capital markets. He’ll focus on sourcing new investment opportunities, investors and capital while working closely with the firm’s executive team to manage and nurture its existing partner, lender and broker relationships.
“Ramser Development Co. is pleased to welcome Adam to lead our business-growth initiatives and increase our national footprint, as his experience in real estate finance, acquisitions and investment management, in addition to his drive and dedication, complement our firm’s approach,” said Scott Ramser, founder and CEO. “Demand for RV and boat storage is growing and attracting institutional capital in 2022, as is fleet storage from the logistics sector. Adam is an excellent addition to our skilled team.”
Prior to joining Ramser, Deermount was a founding member and managing principal at RanchHarbor, a Newport Beach, California-based real estate private-equity platform. He played a key role in assembling a nationwide portfolio of value-add assets and co-led the company’s financial-advisor platform, RH Advisors. He also co-founded Landmark Real Estate, an advisory firm specializing in finance and private equity, where he counseled on more than $1.3 billion of capital transactions. His experience also includes roles with California National Bank, TA Associates Realty and the Commercial Real Estate Finance Group at Merrill Lynch Capital.
Deermount earned his bachelor’s degree from Tufts University in Medford, Massachusetts. He’s a licensed broker in California and an instructor at the University of California Irvine Merage School of Business, where he teaches real estate capital markets.
“I am grateful for the opportunity to join the Ramser Development team and bring my experience and insight to the firm,” Deermount said. “The RV- and boat-storage sector is on the cusp of attracting institutional capital, similar to the growth the self-storage segment experienced a decade ago. With a remarkable 25-year track record of building, managing and operating quality RV and boat and self-storage facilities, Ramser Development is incredibly well-positioned for growth, and I am excited to be a part of its next chapter.”
Founded in 1986, Ramser’s portfolio includes more than 1.5 million rentable square feet of boat and RV storage in 6,200 indoor and outdoor spaces. The company is targeting development within the Mountain West, Pacific Northwest and Sunbelt regions of the United States for growth.