Robert Moser (business executive)
Robert J. Moser is a business executive from Saratoga Springs, New York. He is the owner and CEO of Prime Group Holdings,[2] Moser grew his prior company into the largest operator of RV parks and resorts in the United States.[3] He owns and manages over $5.5 billion in real estate assets through his various companies' ownership of apartments, mobile home parks, retail, office, self-storage, industrial parks and hotel/resorts, including the campgrounds and amusement park Indiana Beach.[4]
Robert J. Moser | |
|---|---|
| Born | Brooklyn, NY |
| Other names | Bob Moser |
| Education | B.A. Economics and Finance |
| Alma mater | Union College[1] |
| Occupation | Real Estate Investor |
| Employer | Founder of Prime Group Holdings, LLC |
| Net worth | > $1 Billion |
| Board member of | Union College Board of Trustees |
| Partner(s) | Lisa Moser |
| Children | 2 |
| Website | www.goprimegroup.com |
Early life and education
Moser grew up in Queensbury, New York.[1] He attended Union College in Schenectady, New York where in 1999 he earned a Bachelor of Arts in Economics with studies focused on Finance. His Honors graduate thesis at Union focused on the valuation of RV parks and mobile home parks, a career field that he took up after graduation.[1]
Career
Moser began purchasing RV parks in 2001, growing a portfolio to 65 parks by 2012. During the financial crisis a few of the properties were sold back to the bond holders.[5] He grew the company with purchases during the beginning of the century, securing approximately 34,000 apartments primarily east of the Mississippi.[1] In 2008, he oversaw the purchase of Indiana Beach, a resort located in Monticello, Indiana. The purchase included the amusement park, water park, the camp resorts, restaurants, hotels, and all other operations of the resort. Indiana Beach was sold by Moser in September 2015 to Apex Parks Group, for a substantial gain. Over the past 10 years Moser has grown Prime Storage Group (Prime Group Holdings)to the largest private owner of self Storage facilities in the United States. Currently Prime Storage owns and operates over 15 million square feet. In 2015, Robert launched Prime Storage Fund I and subsequently in 2017 Prime Storage Fund II. Both private equity funds were over subscribed in under a year bring the total raise to $975,000,000. Prime Storage Fund II is one of the largest funds raised exclusively for the acquisition of self storage facilities in the United States.
The Moser family supports various nonprofits including but not limited to the Moser Family Cleft-Craniofacial Surgical Center at ALBANY Medical Center. In 2017 and 2018 the Mosers donated over $5 Million to ALBANY Medical Center. $2.5 million went to construct the Albany Medical Centers Children’s Emergency Center. To recognize the Moser’s generosity Albany Medical Center named part of the new building in their name.
https://www.sparefoot.com/self-storage/news/8184-prime-storage-group-wraps-278-million-cmbs-package/
http://buyersguide.insideselfstorage.com/guides/top-ops/default.aspx?li=181154&ft=1
https://therealdeal.com/2018/09/18/saratoga-spring-firm-buys-jamaica-self-storage-facility-for-27m/
https://www.doublehranch.org/camp_updates/moser/7613/
https://www.sparefoot.com/self-storage/news/8184-prime-storage-group-wraps-278-million-cmbs-package/ ==
- Anderson, Eric (26 February 2008). "Queensbury RV park operator grows with Indiana purchase". Times Union. Retrieved 13 March 2014.
- Adams, Thomas (4 February 2010). "Morgan RV Resorts inks NASCAR deal". Rochester Business Journal. Retrieved 13 March 2014.
- Gieszl, Eric (20 February 2008). "Indiana Beach Amusement Park Sold". Ultimate Roller Coaster. Retrieved 13 March 2014.
- DeMasi, Michael (11 September 2013). "There's gold in there: partners buying up self-storage". Albany Business Journals. Retrieved 13 March 2014.
- https://rvbusiness.com/janus-managing-several-morgan-rv-facilities/