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Ultimate Realty Secures $70Mm In Refinance Proceeds

Ultimate Realty Secures $70Mm In Refinance Proceeds

07/13/22, 5:34 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money raised
$70 million

Company Info

Company
Ultimate Realty
Location
new york, united states
Additional Info
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.