Go Store It Charleston II DST – Investor Lawsuit Investigation
The White Law Group is currently investigating potential securities claims involving financial advisors who recommended investments in Go Store It Charleston II DST, a Regulation D private placement offering sponsored by Madison Capital Group affiliate, Go Store It.
This offering, filed with the SEC under Form D, was structured as a Delaware Statutory Trust (DST) and made available to accredited investors seeking 1031 exchange opportunities.
While DST investments like this may appear to offer stable, passive income, they often carry substantial risks and illiquidity that may not be fully disclosed at the time of sale.
Sponsor Background – Go Store It
Based in Charlotte, North Carolina, Go Store It is a self-storage investment platform affiliated with Madison Capital Group, LLC. The company specializes in the acquisition, development, and management of self-storage properties throughout the U.S. As of the latest reports, the firm owns more than 2.2 million square feet of storage space, with another 900,000 square feet in development or acquisition pipelines.
Despite this rapid growth, offerings affiliated with Madison Capital Group may involve significant upfront costs, speculative performance projections, and risks associated with concentrated asset classes.
Investment Details – Go Store It Charleston II DST
- Total Offering Amount: $16,684,659
- Total Sold (as of filing): $0
- Minimum Investment: $25,000
- Sales Commissions: Estimated $2,002,159
- Use of Proceeds to Sponsor: Estimated $250,000
- Securities Offered: Beneficial interests in a Delaware Statutory Trust
- Broker-Dealer: Emerson Equity LLC (CRD#: 130032)
This offering was made under Rule 506(b) of Regulation D and was marketed to accredited investors across all 50 states. The sponsor and broker-dealers involved earned millions in fees, regardless of whether the investment ultimately performed as expected.
Risks of DST Investments
DST offerings like Go Store It Charleston II DST may be inappropriate for many investors due to:
- High Fees: Significant upfront commissions and sponsor fees may erode potential returns.
- Illiquidity: DSTs typically have holding periods of 7–10 years with limited or no secondary markets.
- Sponsor and Market Risk: Real estate performance and sponsor competence directly affect investor returns.
- Lack of Control: Investors have no say in day-to-day operations, financing decisions, or exit strategy.
- Suitability Issues: These complex products are often unsuitable for conservative or income-reliant investors.
Recovery Options Through FINRA Arbitration
If your financial advisor misrepresented the risks of Go Store It Charleston II DST or failed to conduct proper due diligence, you may have grounds for a FINRA arbitration. The White Law Group has successfully handled numerous FINRA claims involving DSTs and other private placements.
Brokerage firms may be liable if they failed to supervise advisors or recommended unsuitable investments.
Free Case Review – Securities Fraud Attorneys
The White Law Group has over 20 years of experience helping investors recover losses from unsuitable investment products and negligent financial advice.
If you invested in Go Store It Charleston II DST and are concerned about your losses or advisor’s recommendations, call us at 888-637-5510 or visit whitesecuritieslaw.com for a free consultation.
Frequently Asked Questions – Go Store It Charleston II DST
1. What is Go Store It Charleston II DST?
It is a Regulation D real estate investment structured as a Delaware Statutory Trust, designed for 1031 exchange investors.
2. Is Go Store It affiliated with a larger sponsor?
Yes, Go Store It is affiliated with Madison Capital Group LLC, a Charlotte-based firm focused on real estate development.
3. Can I recover my investment losses?
Possibly. If the investment was unsuitable or misrepresented, you may be able to pursue recovery through FINRA arbitration.
