Los Angeles RealCap is located in Santa Monica.

LOS ANGELES—Peer-to-peer lending platform RealCap has launched its first fund, the Self Storage Opportunity Fund, and it has big goals. The fund will raise $10 million from accredited investors and is targeting 10% to 15% returns. RealCap is focusing on the self storage market, as the eponymous fund name suggests, and will buy value-add properties nationwide.