Turnstone Launches $550M in Funds Targeting RV Parks, Extended-Stay Hotels & Storage

Real estate investment and development firm Turnstone Group LLC has launched three private funds designed to provide accredited investors access to niche real estate sectors through broker-dealers and registered investment advisers.

“These funds bring institutional-quality investing to individuals and advisers looking for income and growth,” said Chip Johnson, chief executive officer of Turnstone. “We’ve built the funds to deliver clarity, trust, and performance.”

The firm stated that the funds are designed to offer steady income and long-term appreciation while providing diversification into niche sectors that have historically been difficult for individual investors to access.

The offerings include:

• Turnstone Real Estate RV Income & Growth Fund, LP, a $250 million equity fund investing in recreational vehicle parks and campgrounds nationwide;
• Turnstone Real Estate Extended Stay Income & Growth Fund, LP, a $150 million equity fund focused on developing and acquiring extended-stay hotels in underserved markets; and
• Turnstone Real Estate Storage Income & Growth Fund, LP, a $150 million equity fund targeting self-storage, industrial outdoor storage, and specialty storage properties.

Investors in the funds will be served by Turnstone’s management platform, which includes quarterly valuations and an investor redemption plan.

“This is about opening the door for investors to participate in resilient and expanding markets,” added Brice Willis, chief operating officer of Turnstone. “We see significant growth potential in outdoor hospitality, long-term hospitality, and specialty storage – asset classes that provide both stability and upside.”

The funds are being offered pursuant to Rule 506(c) of Regulation D and are available exclusively to accredited investors.

Founded in 2001, Turnstone Group has deployed more than $600 million in equity capital and distributing over $800 million to partners. The firm says that it specializes in identifying overlooked or misunderstood opportunities to deliver risk-adjusted returns through disciplined analysis and operational expertise.

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