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Urban Infill Developer, StoryBuilt, Announces Final $2.5 Million Investment Opportunity in Class A2 Preferred Shares for Growth

January 9, 2020 GMT

AUSTIN, Texas--(BUSINESS WIRE)--Jan 9, 2020--

StoryBuilt, an urban infill real estate firm specializing in development in high-growth cities across the United States, announced today that only $2.5 million remains available in the company’s previously released $25 million issuance of Class A2 Preferred Shares. This investment opportunity is available to verified accredited investors pursuant to Rule 506(c) of Regulation D promulgated by the SEC under the Securities Act of 1933, as amended. 

“We have seen significant and continued market demand in our real estate developments in targeted high-growth cities and invite the public to be a part of our growth story,” said Anthony Siela, founding member of StoryBuilt.

Strong, steadfast growth of StoryBuilt and its expanding portfolio of assets is evident in its robust three year look-back on revenue: 2016 at $40 million, 2017 at $71 million, and 2018 at $113 million; with Class A2 fueling continuous growth in 2019. With its first real estate investment in 2001, StoryBuilt now has established offices in Austin, Dallas, Denver and Seattle with over 135 team members working on a $1 billion+ pipeline of projects.

The Class A2 Unit issuance 1 is growth equity comprised of a preferred return (or dividend) and profit share, while positioning investors to partake in any future liquidity event, such as an IPO or strategic buyout, offering a potentially robust equity multiple on original investment over the next three to five years based on StoryBuilt’s projections. Specifically, the offering includes a six percent annual preferred return (or dividend) payment paid quarterly, as well as the participation in Class A2 profit share, which in the aggregate is five percent of StoryBuilt’s annual shareholder profits. In addition, a 25 percent premium on investment is due to investors upon a future liquidity event. This combination of cash flow and ownership provides Class A2 investors with cash flow after the first quarter of their investment with StoryBuilt, along with an opportunity for upside.

Opportunities for verified accredited investors include the Class A2 units in StoryBuilt and/or equity interests in individual project partnerships. For more information, visit storybuilt.com.

About StoryBuilt

StoryBuilt has built more than 50 communities and helped over 700 homeowners live in their favorite neighborhoods. These efforts have generated over $300 million in revenue, surpassing $100 million in 2018. Across all five markets, StoryBuilt has a $1 billion pipeline of future product in owned and controlled urban infill land inventory. The company (formerly known as PSW Real Estate) rebranded to StoryBuilt last year as a part of its growth strategy. For more information, visit www.storybuilt.com

SEC Legend-Regulation D Offerings

This offering may only be purchased by accredited investors as defined in Rule 501(a) of Regulation D of the Securities Act of 1933, as amended. The Securities and Exchange Commission (“SEC“) typically will not review, and will not qualify, StoryBuilt’s offering documents. The SEC does not approve, pass upon the merits, or pass upon the accuracy or completeness of the information in such offering documents. An investment in StoryBuilt has a high degree of risk including the lack of a market for its securities, as well as other risks common to Regulation D investments generally, including, but not limited to, other substantial restrictions on transferability, making this investment highly illiquid. StoryBuilt can make no assurances about the success of its products, business model, any plans to make their securities liquid at any time, if ever, or its ability to eventually qualify for a listing on a national, or any other, securities exchange; consequently, investors in StoryBuilt may lose some or all of their investments.

Forward-Looking Statements

We make statements herein that are considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, which are usually identified by the use of words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” and variations of such words or similar expressions. We intend for these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and are including this statement herein for purposes of complying with those safe harbor provisions. These forward-looking statements reflect StoryBuilt’s current views about plans, intentions, expectations, strategies and prospects, which are based on the information currently available to StoryBuilt and on assumptions StoryBuilt has made. StoryBuilt can give no assurance that such plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond StoryBuilt’s control.

1 Consult StoryBuilt Company Agreement and Class A2 PPM for full description of Class A2 rights and definitions.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200109005172/en/

CONTACT: Laura Craddick - Craddick PR

laura@craddickpr.com

512.507.6656

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: ARCHITECTURE RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY URBAN PLANNING

SOURCE: StoryBuilt

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PUB: 01/09/2020 09:00 AM/DISC: 01/09/2020 09:01 AM

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