Sponsor profile
Flatirons Asset Management is a Denver-based private investment firm formed in 2019 that sponsors tax-advantaged real estate offerings, primarily Delaware Statutory Trusts holding self-storage properties. It operates as a subsidiary of Houston-based Crosstimbers Capital Group. According to a Realized1031 sponsor profile, the firm operated a portfolio of 76 self-storage properties across 14 states as of Q3 2023. Its tracked programs include a sequential Flatirons Self-Storage DST series; one such program, Flatirons Self-Storage II DST, acquired seven Red Dot Storage facilities totaling 2,781 units across Indiana, Illinois, Tennessee, and Missouri.
Platform and focus
Flatirons Asset Management describes itself as a private investment firm formed in 2019 and a subsidiary of Crosstimbers Capital Group, specializing in tax-advantaged real estate offerings including Delaware Statutory Trusts 3. A Realized1031 sponsor profile places the firm in Denver, Colorado, and reports a portfolio of 76 self-storage properties across 14 states as of Q3 2023 1.
Self-storage DST series
Top1031 tracks five sequential Flatirons Self-Storage DST programs (I through V), first filed between 2019 and 2022 5. Flatirons Self-Storage II DST acquired seven Red Dot Storage facilities—2,781 units across 391,375 rentable square feet—in Indiana (three), Illinois (two), Tennessee (one), and Missouri (one). The 2020 acquisition was financed with a $13 million non-recourse loan from Texas Capital Bank at 3.74% fixed over a 10-year term maturing February 28, 2030, within a $25.901 million total offering that included $12.901 million of equity 4.
Ownership
Crosstimbers Capital Group, identified by Flatirons as its parent, describes itself as a Houston-based firm founded in 2016 focused on early-stage control investing in real-asset businesses such as digital infrastructure, water, power, and transportation 2.