Ramser Development Company News

King of the Coasts - An interview with RV and Boat Export Scott Ramser

Wed, 12 Jun 2024 16:25:00 +0000

March 15, 2020: It was the day that the world began to shut down. The COVID-19 pandemic, which began with a whisper, suddenly hit the United States like a bull in a china shop, and just before St. Patrick’s Day, cities across the country began to implement lockdowns to help prevent spread of the disease. Of course, a good number of Americans were not going to sit idly by. If they were going to be forced to socially distance themselves, why not do it by hitting the road or taking to the water? And just like that, RV and boat ownership surged to levels never seen before.

Christmas 2023

Wed, 24 Jan 2024 05:10:00 +0000

In this festive season of joy and of light, Ramser Development shines, thanks to your sight. To investors and brokers, partners, providers of service, Your support frames our vision, never making us nervous.

Ramser Development Company Q3 Newsletter

Wed, 24 Jan 2024 05:00:00 +0000

One common misconception that poses a significant risk to any investment thesis is the confusion between the terms "simple" and "easy." To illustrate, consider the act of weightlifting. While the concept of lifting a set amount of weight is simple, the ease with which one can lift a 300-pound weight is a different matter entirely.

Ramser Development Secures Two Outdoor Industrial Storage Tenants at Florida Marquee Facility

Wed, 30 Aug 2023 04:14:34 +0000

Ramser Development Company, a multi-generational, vertically integrated developer and operator of recreational vehicle (RV) and boat storage, self-storage and industrial outdoor storage facilities, has secured two new high-quality tenants at RV Storage Depot, Altamonte Springs, a premier 55-acre recreational vehicle (RV) and boat storage facility north of Orlando. A recently improved 3.75-acre portion of the property has been secured and occupied by an undisclosed Fortune 500 company, and Jingoli Power, a professional service provider for complex gas and electric utility construction projects, is set to take occupancy of a 19-acre segment this month. Lease terms for both tenants are not disclosed.

Ramser Development Company Secures Two Major Industrial Storage Tenants in Altamonte Springs, FL

Wed, 30 Aug 2023 04:10:07 +0000

Ramser Development Company has secured two new tenants at RV Storage Depot. Located in Altamonte Springs, RV Storage Depot is a premier 55-acre recreational vehicle and boat storage facility. A recently improved 3.75-acre portion of the property has been secured and occupied by an undisclosed Fortune 500 company, and Jingoli Power is set to take occupancy of a 19-acre segment this month.

Ramser Development sells 21.8K sf shopping center in Long Beach

Wed, 30 Aug 2023 04:03:52 +0000

Ramser Development has traded a 21,800-square-foot shopping center leased to Dollar Tree and Family Dollar stores in North Long Beach. The Newport Beach-based real estate firm sold the 1.25-acre property at 5117 Atlantic Avenue for an undisclosed sum, the Los Angeles Business Journal reported. The buyer, a private investor, was not disclosed.

Ramser Strategy Strengthens With Sale of Long Beach Property

Wed, 30 Aug 2023 04:01:12 +0000

A 1.25-acre retail property in Long Beach fully leased to Dollar Tree and Family Dollar Inc. has sold for an undisclosed amount. The transaction represents a strategic move for seller Ramser Development Co. as the company plans to reallocate the proceeds into one or more of its recreational vehicle and boat storage facilities, according to a company statement. Phil Ramming of Faris Lee represented Ramser Development in the transaction, while the buyer, a private investor, was represented by Mark Repstad of Southland Commercial Real Estate.

Dollar Tree Property Sells in Long Beach

Wed, 30 Aug 2023 03:57:31 +0000

Q&A: The RV and boat storage market with Ramser Development’s Adam Deermount

Wed, 30 Aug 2023 03:46:35 +0000

Ramser Development Company has hired Adam Deermount to serve as its Chief Investment Officer. In the new role, Deermount will be responsible for directing the strategic expansion of Ramser Development’s established portfolio of storage assets across the U.S. Ramser Development has operated in the RV and boat storage sector for the past 25 years. The firm’s portfolio includes over 1.5 million rentable square feet of RV and boat storage property and over 6,200 indoor and outdoor storage spaces.

Ramser Development Names Deermount as CIO

Wed, 30 Aug 2023 03:29:31 +0000

Storage Development Specialist Ramser Development Company has announced the hiring of Adam Deermount as chief investment officer. Based in Newport Beach and with 25 years of experience, Deermount will be responsible for directing the strategic expansion of the firm’s established portfolio. “Ramser Development Company 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 complement our firm’s approach,” said Scott Ramser, CEO of Ramser Development.

Ramser Development Company Q2 Newsletter: The Real Estate Food Chain: Lessons from the Office Sector Debacle

Tue, 18 Jul 2023 21:18:00 +0000

The U.S. office sector has been dominating the headlines recently, but not for the right reasons. The industry is grappling with operational and financial stress due to the persistent trend of remote work, making office assets an undesirable option for lenders, resulting in almost impossible financing conditions, regardless of the price.

Ramser Development Company Q1 Newsletter

Thu, 18 May 2023 19:49:00 +0000

By and large, commercial assets are still not attractively priced. For us to invest, prices need to adjust to the new cost of capital reality. However, they are notoriously slow to do so on the way down. As an illustration, Ramser Development Company pursued 70 marketed properties over the past three quarters, but only nine have transacted to date.

Ramser Development Company 2023 Annual Letter

Mon, 06 Mar 2023 20:47:00 +0000

Welcome to Ramser Development Company's first Annual Letter. For those unfamiliar with our platform, we are a developer, owner and operator of RV and Boat Storage, Self Storage and Industrial Outdoor Storage properties with a nationwide footprint. As chief investment officer, I am pleased to provide this overview of the company's activity over the last 12 months.

Boat/RV Self-Storage Developer Ramser Appoints Chief Investment Officer

Thu, 20 Oct 2022 03:21:00 +0000

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.

The largest RV storage facility in the U.S. has a new owner

Tue, 21 Dec 2021 22:36:00 +0000

Adult Toy Storage in Altamonte Springs, Florida, was recently purchased by a Newport Beach, California-based joint venture between RanchHarbor, Ramser Development Company, and Saunders Property. The property, which is being renamed RV Storage Depot, was sold for $25.2 million. It’s been operated as an RV storage facility since the mid 1980s and has room for 1,800 units on 55 acres. The new owners plan to expand the facility on an undeveloped 14 acres of the property. The new owners said they plan to roll out more vehicle storage facilities around the country.

RanchHarbor and Ramser Development Company Acquire Adult Toy Storage, Largest RV & Boat Storage Facility in U.S.

Tue, 21 Dec 2021 22:35:00 +0000

RanchHarbor, Ramser Development Company and Saunders Property Company, three real estate investment firms based in Newport Beach, Calif. today announced their joint venture (JV) partnership in the acquisition of Adult Toy Storage, a 55-acre recreational vehicle (RV) and boat storage facility in Altamonte Springs, Fla. 41 acres of the property are currently improved and fully operational. 14 acres are in raw condition and will be improved by the JV to provide added storage capacity. The entire property is being re-branded as RV Storage Depot, Ramser Development’s nationwide RV and boat storage platform.

3 California real estate firms scoop up 55-acre RV park in Altamonte Springs

Tue, 21 Dec 2021 22:32:00 +0000

A trio of Newport Beach, California real estate investment firms have joined forces to buy a 55-acrerecreational vehicle and boat storage facility in Altamonte Springs. RDC Altamonte Springs LLC — a joint venture between Ranch Harbor, Ramser Development Co. and Saunders Property Co. — in mid-November spent nearly $25.2 million to buy the Adult Toy Storage complex

RanchHarbor JV acquires largest RV and boat storage facility in U.S.

Tue, 21 Dec 2021 22:30:00 +0000

December 9, 2021 RanchHarbor, Ramser Development Co. and Saunders Property Co., three real estate investment firms based in Newport Beach, Calif., announced their joint venture partnership in the acquisition of Adult Toy Storage, a 55-acre storage facility for recreational vehicles (RVs) and boats in Altamonte Springs, Fla. About 41 acres of the property are currently improved and fully operational. And 14 acres are in raw condition and will be improved by the joint venture to provide added storage capacity. The entire property is being re-branded as RV Storage Depot, Ramser Development’s nationwide RV and boat storage platform.

Self-Storage Real Estate Acquisitions and Sales: December 2021

Tue, 21 Dec 2021 22:24:00 +0000

Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of activity happening in December 2021. A-1 Meriden Road Self Storage in Waterbury, Connecticut, sold. The facility at 990 Meriden Road comprises 19,150 rentable square feet in 211 units and was 100% occupied at the time of sale. The seller was represented in the transaction by The Hatcher Group of Marcus & Millichap (M&M), a commercial real estate investment services firm with offices throughout Canada and the United States.

Adult Toy Storage in FL — US’ Largest RV and Boat Stable — Transfers Ownership

Tue, 21 Dec 2021 22:09:00 +0000

RanchHarbor, Ramser Development Company and Saunders Property Company has acquired Adult Toy Storage, a 55-acre recreational vehicle and boat storage facility the Orlando suburb of Altamonte Springs. The newly formed JV purchased the asset from its original owner for an undisclosed amount. RanchHarbor sourced the acquisition debt for the property through its RH Advisors platform.