Dear Partners:

Happy 2024, Partners!

As you can imagine, we are well into finalizing year-end 2023 and preparing for tax season.  With that, our write-up will be short and sweet this quarter.  Last year was another amazing year for us.  We can not wait to share the final results with you in the forthcoming annual report.  Our Team leaned into years of knowledge and experience to forge ahead through the obstacles that 2023 presented.  

As we have mentioned in recent commentary, we entered 2024 cautiously optimistic.  Our caution, however, is slowly waning as we have some great projects in the pipeline flanked by two sizeable construction management deals.  We are sure you are wondering about the first LLC for 2024.  Our first offering will be coming soon, named Great River Industrial 23, LLC.  We are currently waiting on construction pricing which has delayed the offering timing.  Please expect to have something in your hands by mid-March.  Once we have everything finalized, we will need to move quickly, so be on the lookout!

As always, should you have any questions regarding your investments please feel free to reach out at any time.


Best Regards,



Ryan Witges