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Faropoint Lands $90M Loan with New York Life to Boost Industrial Portfolio in Northern New Jersey


Faropoint, a data-driven real estate investment firm specializing in last-mile industrial properties, has recently finalized a significant financial deal with New York Life Real Estate Investors. This transaction involves a $90 million loan, marking Faropoint’s inaugural collaboration with New York Life. The refinancing arrangement encompasses 10 industrial facilities, totaling an impressive 770,000 square feet.

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