Liberty Investment Properties

What Liberty Investment Properties does

Liberty Investment Properties, Inc. is a privately held, family-owned real estate investment, development, and management firm founded in 1988 in Orlando, Florida, and currently led by Adam Mikkelson, who became President and CEO after purchasing the firm from its founders in 2021. The company focuses on income-producing real estate assets, primarily self-storage facilities (65+ developed or acquired) and limited-service hotels (35+ developed or acquired), with a stated Southeast US concentration and over $1 billion in cumulative capital investment across 80+ properties.

The firm operates a closed-end private fund platform: Liberty Hotel Fund I targets WoodSpring Suites acquisitions in the Southeast with a $20MM+ offering, $100,000 minimum investment, and 80/20 LP/GP cash flow split distributing quarterly; Storage Fund II pursues national storage acquisition and development opportunities; and a prior $20MM Storage Fund I was raised in 2019 to acquire distressed storage in the Southeast. Revenue is generated from management fees, carried interest, equity partnerships, fee development and consulting services, and property management for both owned and partnered assets, including the proprietary My Neighborhood Storage brand launched in Central Florida in 2005.

The go-to-market is relationship-driven: distribution relies on the investor portal at investors.libertyprop.com, direct outreach to individual accredited investors (the primary segment with $100K minimums) and institutional investors (pension funds and family offices), and a network of established counterparties built over decades (Shurgard JV 1994, Goldman Sachs 2009, Angelo Gordon 2010, plus multiple transactions with Public Storage and Brookfield). The firm is not technology-led; it competes on operator expertise, disciplined underwriting, and multi-cycle deal experience rather than proprietary software.

Name

Liberty Investment Properties

Legal name

Liberty Investment Properties, Inc.

Website

https://libertyprop.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Liberty Investment Properties is a privately held, family-owned Orlando-based real estate investment, development, and management firm operating closed-end funds that acquire and develop self-storage facilities and WoodSpring Suites hotels in the Southeast US for individual accredited and institutional investors.

Ownership category

akta.pro rank

Headquarters

HQ city

Orlando

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Investment Fund Management: Operates private equity real estate funds (Hotel Fund I, Storage Fund II) that acquire and develop income-producing assets. Generates management fees and carried interest from fund operations. Investors receive quarterly cash flow distributions.
2. Equity Partnerships: Co-invests alongside institutional and individual investors in real estate development projects, generating returns through equity appreciation and cash distributions.
3. Development Services: Provides fee development services for third parties, generating revenue through development fees, consulting, and project management services.
4. Property Management: Manages owned and partnered real estate assets including self-storage facilities and hotels, generating recurring management fee income.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Liberty Investment Properties is a privately-held real estate investment, development, and management firm that develops, acquires, and operates income-producing self-storage facilities and hotel properties on behalf of individual accredited and institutional investors. The firm raises capital through private closed-end funds (e.g., Liberty Hotel Fund I, Storage Fund I/II), co-invests alongside investors in equity partnerships, and provides fee development, consulting, and property management services across hospitality and self-storage asset classes, primarily in the Southeast United States.

Product overview

Liberty Investment Properties is a privately-held real estate investment, development, and management firm that operates a diversified portfolio of income-producing assets. The company's core offerings include self storage facilities (65+ assets developed or acquired) and hotel properties (35+ developed or acquired), with services spanning development, acquisition, property management, and investment fund management. The company currently manages the Liberty Hotel Fund I investment vehicle targeting WoodSpringSuites acquisitions in the Southeast, along with Storage Fund II for national storage opportunities. The firm also provides development services including equity partnerships, joint venture development, fee development, and consulting across multiple asset classes.

Differentiator

Problem solved

Functional benefit

Brands

• My Neighborhood Storage: Self storage brand launched in Central Florida in 2005 following the sale of 34 storage assets to Public Storage.

Products and services

• Liberty Hotel Fund I Private closed-end real estate fund that acquires and develops WoodSpring Suites hotels in the Southeastern United States, with a $100,000 minimum investment, 80/20 cash flow split favoring limited partners, and quarterly cash flow distributions.
• Storage Fund I (2019) $20 million private self-storage acquisition fund created in 2019 to acquire distressed self-storage facilities in the Southeast United States, available to accredited investors.
• Storage Fund II (2021) Second self-storage acquisition and development fund established in 2021, pursuing national storage acquisition and development opportunities in partnership with accredited and institutional investors.
• Development Services Service offering covering Equity Partnerships, Joint Venture Development, Fee Development, and Consulting across hospitality, self-storage, and other real estate asset classes, provided to partners and project owners.
• Property Management Services Comprehensive property management services for self-storage and hotel assets, including acquisition support and ongoing asset management for both owned/partnered and third-party assets, generating recurring management fee income.
• Self-Storage Acquisitions and Development Income-producing self-storage asset acquisition, development, and ownership business covering more than 65 storage assets developed or acquired across the United States, including Class A multi-story facilities and the proprietary My Neighborhood Storage brand in Central Florida.
• Hotel Development and Acquisitions Development and acquisition of hotel properties, with the firm having developed or acquired 35 hotels across the United States, focused on the WoodSpring Suites extended-stay brand in the Southeastern United States.

Quantifiable outcome

• $115MM hotel portfolio sale in 2014
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered minor and core.

• BrookfieldminorOthers · 1 January 2018Hotel sale to Brookfield for $41MM involving 3 hotels within the state of Florida. Transaction counterparty relationship.
• Public StorageminorOthers · 1 January 2016$66MM portfolio sale across 7 self-storage facilities to Public Storage. Transaction counterparty relationship.
• Public StorageminorOthers · 1 January 2014Sold a portfolio of 34 storage assets to Public Storage (a storage REIT) and launched My Neighborhood Storage brand in Central Florida. Transaction counterparty relationship.
• Shurgard Self-StoragecoreStrategic or Co-development Partner · 1 January 1994Joint venture development partnership beginning in 1994 that resulted in the development of 37 self-storage facilities totaling nearly 3 million square feet. This was a major strategic relationship that established Liberty's development capabilities.
• WoodSpring SuitescoreStrategic or Co-development PartnerWoodSpring Suites is the brand focus for Liberty Hotel Fund I, targeting WoodSpring Suites hotel acquisitions in the Southeastern United States. Long-standing relationship with brand for development and acquisitions.
• My Neighborhood StoragecoreStrategic or Co-development PartnerSelf-storage brand launched in Central Florida in 2005 after sale of 34 storage assets to Public Storage. Proprietary brand operated in Central Florida markets.
• Choice HotelsminorStrategic or Co-development PartnerChoice Hotels is one of the brands Liberty has worked with for hotel development. Listed among partner brands on the company website.
• Turner ConstructionminorImplementation/ SI/ Consulting PartnerTurner Construction listed as a partner/brand association on the company website, indicating relationship for construction services.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Chatham Lodging Trust: Public hotel REIT investing in upscale extended-stay and select-service properties. Comparable hospitality strategy (especially extended-stay focus), but operated as a public REIT.
• Extra Space Storage: Large publicly traded self-storage REIT listed as a partner/relationship on Liberty's website. Directly comparable in self-storage asset class with overlapping customer base for portfolio dispositions.
• Crow Holdings Capital: Large, established Dallas-based private real estate investment manager operating diversified funds across multiple property types. Comparable as a private real estate fund operator pursuing value-add strategies, though significantly larger and more diversified than Liberty.
• Apple Hospitality REIT: Public REIT focused on upscale, select-service and extended-stay hotels (including the WoodSpring Suites brand). Directly comparable in hospitality asset class and brand affinity, but operated as a public REIT rather than a private development/operator.
• Public Storage: Largest publicly traded self-storage REIT and direct transaction counterparty to Liberty (acquired Liberty's portfolios in 2005 and 2016). Comparable self-storage asset focus, though vastly larger scale and public ownership structure.
• Park Hotels & Resorts: Large public lodging REIT focused on premium hotel assets. Comparable hospitality asset class, though materially larger scale and at the higher end of the market relative to Liberty's extended-stay focus.
• Brookfield Real Estate: Global alternative asset manager with significant real estate operations and a prior transaction counterparty to Liberty (2018 hotel portfolio purchase). Comparable as an institutional acquirer/operator of hospitality real estate, though orders of magnitude larger.

Direct peers

• Peachtree Group: Private real estate investment and investment management firm with significant hospitality focus and credit-oriented funds. Closely comparable to Liberty in model (closed-end private real estate funds, value-add strategy) and asset classes (extended-stay and select-service hotels).
• Buchanan Street Partners: Private real estate investment manager running closed-end value-add funds with a multi-cycle track record. Similar private fund structure, comparable AUM scale, and overlapping commercial real estate focus.
• Westport Capital Partners: Private real estate investment firm focused on value-add and opportunistic commercial real estate funds. Closely comparable operating model (closed-end funds, value-add strategy, niche commercial focus).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/liberty-investment-properties

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Liberty Investment Properties