Montgomery Street Partners Raises $500 Million In Private Follow-On Offering For The Ground Lease Reit, Inc.

Montgomery Street Partners ("MSP"), a diversified commercial real estate investment firm, announced today it has raised $500 million in a private follow-on common equity offering for The Ground Lease REIT, Inc. (“GLR” or the “REIT”). GLR’s follow-on offering increases the REIT’s investment capacity to over $1.5 billion for new opportunities and attracted strong institutional demand, including anchor commitments from a major Canadian institutional investor and Invesco Real Estate, a global leader in the real estate investment management business. Raymond James & Associates acted as financial advisor in connection with the follow-on offering.