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Faropoint, a leading tech-enabled real estate investment firm focused on last-mile industrial properties in high population growth markets, announced today that it has secured a $150 million acquisition line with a leading U.S. financial institution for its Industrial Sale-Leaseback (ISLB) Fund. This marks the second loan facility provided to Faropoint by this institution, following a previous $130 million facility for Fund II, further strengthening their strategic partnership.
“The majority of our financial partners are repeat players, which speaks volumes about the trust we've built and the success of our data-driven approach to real estate investment. This second collaboration further solidifies our reputation as a reliable and innovative player in the industrial real estate market.”