|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07.01.26 - 15:51
|
Faropoint Secures $600M Acquisition Credit Facility for Industrial Value Fund IV (Business Wire)
|
|
|
Syndicated facility led by KeyBank, JP Morgan, Capital One, Truist, and Citizens provides flexible capital to support continued portfolio growthHOBOKEN, N.J.--(BUSINESS WIRE)--#creditfacility--Faropoint, a leading tech-enabled real estate investment firm focused on last-mile industrial properties, has secured a $600 million acquisition credit facility for its Industrial Value Fund IV. The credit facility is led by KeyBank National Association, as Administrative Agent, with JP Morgan, Capital One, Truist Bank, and Citizens Bank serving as co-lead arrangers.
Fund IV, launched in June 2025 with a $1 billion target, continues Faropoint's flagship Industrial Value Fund series strategy of acquiring and enhancing last-mile urban logistics properties to build institutional-grade portfolios across key U.S. markets.
The credit facility is structured to provide operational efficiency and scalability, allowing assets to be added over time as they are acquired. Availability unlocks progressively as portfolio NOI grow...
|
|