Frequently Asked Questions

Important Note: The following Frequently Asked Questions are for informational purposes only, and do not constitute an offer to sell or a solicitation of an offer to buy any securities, and may not be relied upon in connection with the purchase or sale of any security. Investments in securities, if offered, will only be available to parties who are “accredited investors” (as defined in Rule 501 of the Securities Act of 1933, as amended) and made only to qualified prospective investors pursuant to a prospectus or confidential private placement memorandum.  The material presented on this page is summary in nature and is qualified in its entirety by reference to the full text of the Exhibits and other materials set forth in the data room area. Readers should review those Exhibits and other materials for a more complete understanding of the terms and conditions associated with the Project.

How do I use the Investor Portal?

The William Warren Capital Partners (WWCP) Investor Portal is designed to allow current and prospective investors the opportunity to view the William Warren Group's syndicated investment opportunities, as well as provide a central location to view and download all quarterly reports. 

To view new investment opportunities, follow these steps:

1. Register

2. Choose a Project by clicking on the Learn More link adjacent to the listing under Current Offerings.

3. After reviewing the initial overview of the specific Project, you may view the complete Exhibits, including the due diligence material, by choosing the link at the bottom of the Project Introduction page that says View Exhibits and/or Subscribe to this Offering. 

4. At this point you will need to read and, if appropriate, submit the Confidentiality and Data Room Agreement. 

5. Once approved, you will have full access to the due diligence material on the subject Project.  You will note that the Exhibits link will now be visible in the left hand column of the specific Project pages. 

6. Finally, if you would like to be considered for an investment in the Project, you must submit your Indication of Interest at the bottom of the Exhibits page.  At that point you will be contacted by WWCP to review your interest.

How is the investment structured?

The investment is structured as a Delaware Limited Liability Company (the “Company”).  Investors in the Company will be members who own a membership interest (i.e., equity) in the Company.  The Company will be managed by the Managing Member.

Who is the Managing Member?

The Managing Member is BTC-Storage Partners, LLC, a California limited liability company (“BTC”).  The principals of BTC are William W. Hobin, Clark W. Porter and Timothy B. Hobin.

William W. Hobin, President & CEO

Mr. Hobin is the President and CEO of The William Warren Group, Inc. (“WWG”).  Since its inception, The William Warren Group, Inc. and  its property management subsidiary, William Warren Properties, Inc. (“WWP”) under direct supervision of William Hobin,  have been involved with the ownership and/or property management of forty eight (48) self storage facilities located in the western United States, consisting of over 3,100,000 combined rentable square feet and 37,000 (thirty seven thousand) self storage units.

In addition to leading the WWG team on all of the development and operational activities, Mr. Hobin is very active with the various state and national self storage trade associations.  He is a member and past director of the national Self Storage Association; a past President of the California Self Storage Association, and a member of Arizona Self Storage Association.  Mr. Hobin holds a B.A. in Political Science from the University of California, Los Angeles.   In his personal time away from work, he enjoys fly fishing, playing golf and spending lots of beach time with his family.

Clark W. Porter, Vice President & CFO

Clark is the Vice President & CFO of both WWP and WWG. Clark’s responsibilities include oversight of all financial aspects related to property and corporate level profitability and capital structure. Additionally, Clark leads WWP’s efforts in the acquisitions of existing storage facilities.  He received his undergraduate degree from University of California at Berkeley and an M.B.A. from UCLA.

Tim Hobin, Senior Vice President

As a Principal of The William Warren Group, Inc., Tim is closely involved in all aspects of the Company's growth decisions. In addition to sourcing new acquisition, development and management opportunities, he recently spearheaded the launch of the William Warren Capital Partners’ Investor Portal, a new online site for all current and prospective investors in the Company’s various investment properties.

Tim came to the William Warren Group in May 2000. Prior to joining the Company, he spent seven years as a Financial Consultant with Salomon Smith Barney in San Francisco. Tim graduated from the University of California at Berkeley with a B.A. in the spring of 1993 and currently resides with his wife, Dottie, and sons, Henry, Oliver and Finlay, in Newport Beach, California.

How will I receive cash distributions, and how often?

The Company’s limited liability company agreement provides for quarterly cash distributions to be paid to the members, to the extent made available, according to the pro rata percentage membership interest of each of the members, in accordance with the terms and conditions of the Company’s limited liability company agreement.

The Managing Member of the Company will provide to the members a quarterly summary statement of operations, and will determine, based upon a number of factors in connection with the exercise of the Managing Member’s discretion, whether or not to make a distribution to the members.

The amount of each cash distribution is determined by the Managing Member and will depend upon such factors as cash availability, as well as current and projected cash requirements of the Company.  If it is deemed that there is sufficient capital to make a distribution, distributions will either be mailed in check form, or they may also be directly deposited to an account held by a Member at a financial institution.

What is the minimum amount required for an investment?

Investments in membership interests in the Company will be accepted on a first come, first served basis, with a minimum investment amount of $25,000.  Higher amounts will be accepted, in increments of $5,000.   The Company will have the discretion on permitted investment amounts, which may be subject to availability, and in all cases will be determined in the sole discretion of a senior William Warren Capital Partners executive.

How do I invest?

If you have an interest in investing in a Project, please submit your Indication of Interest at the bottom of the Investor Exhibits page of the William Warren Capital Partners Investor Portal.  Only upon receipt of a fully-executed Subscription Agreement, as well as receipt by the Company of the subscribed-for invested capital, can the investment be accepted and finalized by the Company.

What is the investment process?

1. All Indications of Interest will be reviewed and promptly responded to, in order of receipt, to confirm availability and secure a commitment.

2. Upon pre-approval, a Subscription Agreement, Private Placement Memorandum, and related documentation on the Project will be sent to you.

3. Review and complete the Subscription Agreement. 

The material on this website is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any securities, and may not be relied upon in connection with the purchase or sale of any security. Investments, if offered, will only be available to parties who are "accredited investors" (as defined in Rule 501 of the Securities Act of 1933, as amended) and made only to qualified prospective investors pursuant to a prospectus or confidential private placement memorandum.