Our History

Key Milestones

Our story began in 1998. Leveraging a roll-up strategy as an owner and operator of niche real estate assets, Prime Group’s CEO and Principal, Robert J. Moser, aggregated a sizable national portfolio, soon becoming the largest private owner of manufactured housing communities and recreational vehicle resorts in the U.S., in addition to a significant presence in self storage and multi-family assets. Since that time, Mr. Moser and Prime Group have accumulated over $10 billion of real estate assets.

Over the years, we have expanded and built strategic silos in various niche real estate asset types. Our growing stature in private equity real estate has led us to strategically and proactively create new opportunities for our company and for our investors. We have created a series of differentiated investment solutions focused on demographic-driven, need-based real estate assets.

Prime Group Holdings, LLC was formally founded in 2013 to better capitalize on our growing real estate portfolio. Since launching our first investment fund in 2015, we have sponsored and raised three funds with total capital commitments of approximately $3.7 billion. To date, Prime Group’s largest commingled private equity fund is Prime Storage Fund III, LP. At roughly $2.5 billion, Fund III is the largest self storage real estate fund ever raised by a vertically integrated owner-operator.

1998
Robert J. Moser launches roll-up of MHC/RV sector
2005-2007
Mr. Moser becomes the largest private owner of MHC/RV assets in the U.S.
2005-2012
MHC/RV properties sold in a series of transactions to publicly traded REITs and private investors for a substantial gain
2013
Prime Group Holdings is founded with its headquarters office in Saratoga Springs, New York, capitalizing on the company's commitment to consolidating fragmented real estate assets
2015
Prime Storage Fund I is launched
2016
Final closing of Prime Storage Fund I
2017
Prime Storage Fund I is fully deployed; Prime Storage Fund II is launched
2018
Final closing of Prime Storage Fund II
2020
Prime Group's self storage portfolio reaches over $3 billion, with assets in 25 states and 1 U.S. territory
2021
Prime Storage Fund II is fully deployed; Prime Storage Fund III is launched
2021
Prime Storage Fund I is sold
2021
Prime Group launches its ESG Policy Statement
2022
Prime Group opens its second corporate office in Jupiter, Florida
2022
Prime Group AUM reaches $4 billion
2022
Final closing of Prime Storage Fund III
2023
Prime Group acquires first storage property in Canada