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Ultimate Realty Secures $70Mm In Refinance Proceeds

Jul 13, 2022almost 3 years ago

Amount Raised

$70 Million

New York

Company Information

Company

Ultimate Realty

Location

New York, United States

About

The New York development firm secured a mix of tenants that include Sunbelt Rentals, DHL, Werner Enterprises, Purecycle Technologies along with several others. Last month, the firm purchased a pair of warehouses from Angelo Gordon and Kamco Supply Corp in an $18MM acquisition. The firm continues to remains bullish on the industrial asset class and is looking to double its warehouse exposure over the next 12-18 months."Ackman-Ziff is proud to have represented Ultimate Realty across all of these transactions and assist in building out its diversified, national industrial portfolio.

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