Fortified SunVault Evergreen Fund LP
Fortified SunVault Evergreen is an open-end private real estate fund that owns durable self-storage properties for the long term. Its Solar Recapitalization Program is designed to return invested capital to the Fund on an accelerated timeline, without selling or refinancing the property.
Fund overview
Complete terms are set out only in the Fund's offering documents. Items marked are pending confirmation.
| Fund Target Size | $25M |
| Structure | Open-end (evergreen) limited partnership |
| Asset Focus | Stabilized self-storage, solar-integrated where suitable |
| Investment Period | 12 Months |
| Target IRR | XX.XX% — pending |
| Historical Avg. Check Size | $xx.xx — pending |
| Lock-up | Five-year lock-up; redemption limits apply |
| Minimum Investment | TBD |
| Fees / Distributions | TBD — see PPM |
| Eligibility | Accredited investors only |
Every acquisition must work as conventional real estate first.
At least 80% occupied, with current income that covers debt service by at least 1.25x, purchased at or below our own valuation.
Net rentable sq ft · 50+ units
Physical occupancy
Market population
Local supply & pipeline
Older assets case by case
Clean title, insurable, outside FEMA flood zones
Real estate exposure with solar-enabled economics.
The Fund owns the property, while a separate affiliate owns and develops the solar asset. This structure places the primary solar construction obligations and ownership of the associated tax credits with the solar affiliate, while allowing the Fund to participate in the economic value created through solar integration.
For investors, the result is real estate exposure enhanced by solar economics, not a direct investment in the solar asset or its tax credits.
Risks that stay with the Fund
Solar Site Payments may be late, smaller than expected, or unpaid if the affiliate cannot perform. Amounts could be challenged as related-party transactions. Real estate and debt risks apply in full.
Pipeline & Target Portfolio
Placeholder: project pipeline and illustrative property economics (e.g., East Texas self-storage facility) to be provided.