Faropoint Completes $105 Million Off-Market Acquisition of 16-Building Portfolio in Jacksonville, FL and Memphis, TN

Tech-Enabled Firm Expands National Footprint with Multi-Market Acquisition Totaling 1.7 Million Square Feet

Faropoint Launches $300 Million Industrial SLB Fund, Seizing Sale-Leaseback Opportunities in a Liquidity-Constrained Market

Tech-Enabled Firm Targets Prime Infill Industrial Assets Secured by Long-Term Leases

Texas ERS among investors backing Faropoint’s US industrial fund

Employees Retirement System of Texas contributed to Faropoint’s third US industrial real estate fund which closed last month with $915m in commitments. The pension fund said it made a $75m commitment to the Faropoint Industrial Value Fund III.

Faropoint Closes Flagship Urban Industrial Value Fund III with $915 Million, Exceeding Target Fund Size and Attracting Top-Tier Global Investors

Faropoint held a final close for its Industrial Value Fund III with $915 million in commitments, exceeding its $750 million target.

Faropoint looks to fly “under the institutional radar” with third fund

Faropoint is betting it can outperform the market by deploying capital from Faropoint Industrial Value Fund III into smaller-than-average-transactions.

Faropoint Expands Atlanta Footprint With 220K SF Purchase

Faropoint has purchased 4600-4680 Lewis Road, a 220,380-square-foot, three-building campus in Stone Mountain, Ga.  The property serves as New WinCup Holdings’ headquarters.

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.

Faropoint Completes Two Refinancings With Apollo Affiliates On 42 Assets For A Total Of $207M

Transactions diversify Faropoint’s debt sources to capitalize on rising opportunities in the Industrial Last Mile sector

Faropoint Buys Baltimore City Building for $7M

Faropoint, a real estate investment group based in Hoboken, New Jersey, specializing in last-mile industrial real estate, has acquired 2915 Wilmarco Avenue, a 62,376-square-foot warehouse building in Baltimore City, for approximately $6.9 million.

Faropoint drops $25M for Opa-locka industrial portfolio

Hoboken, New Jersey-based firm acquired three warehouses completed in 1981

Faropoint, a Tech-Enabled, Vertically-Integrated Industrial Real Estate Investment Manager, Secures Strategic Investment from Invesco Real Estate

Partnership signals continued confidence in the last-mile industrial sector and reinforces Faropoint’s data-driven approach to urban infill industrial.

Faropoint Buys Industrial Portfolio in Northern New Jersey for $144.5M

Faropoint has purchased a two-property industrial portfolio in Northern New Jersey consisting of 10 buildings totaling 770,064 SF, across 68 acres.

Faropoint Secures $1.6B in Credit Facilities

With commitment from fourteen financial institutions, led by KeyBank, J.P. Morgan, and Citizens Bank, real estate investment manager is primed to seize opportunities amidst new market conditions

How One Firm is Helping Institutional Investors Access Deals on Last-Mile Warehouses

Faropoint, which was launched in Tel Aviv 10 years ago, is expanding into new markets in the U.S. and accessing new types of investors with its focus on smaller last-mile facilities in growing urban markets.

Faropoint Sells Last Mile Portfolio for $481M

Faropoint, a real estate investment firm focused on last-mile industrial properties, has sold 109 institutional-quality, last-mile logistics buildings to a private buyer for $481 million. The portfolio consists of 6.8 million square feet of warehouse space largely concentrated in Atlanta, Philadelphia, Houston and Memphis.

Growing an Industrial Investment Platform with Jordan Kovalsky

Justin from Lee & Associates welcomes Jordan Kovalsky from Faropoint to discuss growing an industrial platform. Jordan discusses her investment strategies while growing in the Chicago market and what comes next for Faropoint.

Best Real Estate Deals of 2021: Meet the Rising Star of the Year

Itay Ron, SVP, Northeast Market Leader, was chosen as the rising start of the year in Philadelphia Business Journal

An industrial “David” in a field of Goliaths

If you can’t be bigger than your competition, be smarter and quicker.

Faropoint Acquires 10-Building Last Mile Portfolio In Northern New Jersey From Kushner Cos. For $132.5M

Faropoint, a leading real estate investment firm focused on last-mile industrial properties in high population growth markets, today announced it has acquired a 10-building portfolio located throughout Northern New Jersey from Kushner Companies for $132.5 million, as part of the company’s continued national expansion.

Faropoint buys its third industrial facility near O’Hare International Airport

An international real estate investment firm recently purchased its third industrial property near O’Hare International Airport since July.

Faropoint drops $75M to add 19 more buildings to growing Philadelphia-area industrial portfolio

The company has invested $130 million since entering the Philadelphia market a year ago.

One on one with Mike Hines, CBRE Vice Chairman – the State of Industrial Today

The industrial real estate landscape looks vastly different than how it did 10 years ago – it morphed and developed in ways that were nearly impossible to predict, and the challenge to stay ahead of the curve remains. Tune in to Faropoint’s Founder and CEO Adir Levitas discussing the current and future state of industrial real estate with CBRE Vice Chairman Michael Hines, in the 9th installment of our podcast program.

Meet the industrial investment firm that wants to be one of DFW’s biggest property owners

The company’s Texas portfolio currently consists of about 15 properties totaling some 1.3 million square feet.

Faropoint Selects Cherre to Provide Data Warehouse Solution

Cherre’s turnkey data management platform will enable Faropoint to leverage their data for deeper analysis and better decision making.

Faropoint closes on $550M credit facility as it focuses on buying industrial assets

The New Jersey real estate investment firm plans to acquire an additional $1 billion of assets across the U.S. over the next two years.

Faropoint Purchases Eight Industrial Buildings in Decatur, Georgia for $23M

DECATUR, GA. — Faropoint has purchased an eight-building industrial portfolio totaling 255,013 square feet on 12.6 total acres in Decatur. Faropoint bought the property for a total of $23 million. Construction Resource is the seller and tenant. The company sold the properties to Faropoint and has leased the buildings back.

The Faropoint Group podcast VIII

Adir Levitas, CEO of the Faropoint Group, hosts a personal conversation with Yair Tilson, CEO and Director of Kay Finance.
The speedy evolution of industrial real estate driven by the rise of e-Commerce trends sparked newfound ingenuity in the financing strategies for last-mile assets.
Listen to the podcast and learn about the financing options for the commercial real estate market.

Faropoint buys Westside property – Jacksonville

The Jacksonville-based NAI Hallmark commercial real estate brokerage and property management firm announced it represented Faropoint in the $1.45 million purchase of a 24,000-square-foot industrial distribution facility at 6959 Stuart Ave.

Industrial Real Estate Faropoint Conference – Q&A Panel

Industrial Real Estate Faropoint Conference – Panel II

Industrial Real Estate Faropoint Conference – Panel I

The Faropoint Virtual Conference takes you to the today’s world of Industrial Real Estate. The conference consits of three panels:

First Panel : Last-Mile Effect on Supply Chain and Warehouse Automation

Adir Levitas, Founder & CEO of Faropoint hosts an in-depth discussion with David K Schneider, Supply Chain Management Expert, Corey Apirian, CEO of Davinci and, Andrew Benzinger,

Israeli Investor Using Proprietary Data, Software To Rapidly Assemble Last-Mile Logistics Portfolios Across U.S.

A Recently publication of Bisnow about Faropoints’ strategy and acquisition platform.

The uniqueness of this tool is that we are using it as a kind of one-buyer, multiple-seller marketplace. We’ve taken a known pipeline platform to a place where we have dozens of

Faropoint: Meet industrial real estate private equity firm that is coming into southern New Jersey in big way

The Faropoint Group podcast IV

The Faropoint Group podcast III

The Faropoint Group podcast II

The Faropoint Group podcast

Recruiting Real Estate Operation Leader

We are looking for a Real Estate Operation Leader!

Job Description:

• Manage and oversee operations, maintenance, administration, and improvement of commercial real estate properties.
• Develop and execute leasing strategies. Plan annual budgeting to meet the financial objectives of real estate assets.
• Assess market data and determine key assumptions, such as costs, timing, rents, and operating budgets.
• Establish and set up tools for asset database management.
• Coordinate with investor relations team throughout market and property tours.

Requirements:

• Bachelor’s degree in economics, business administration, or related field (willing to accept foreign education equivalent)
• + 2 yrs exp establishing a new business or business units and market targeting and analysis;
• Performing financial analytics and quantitative modeling to support long-term projects;
• Negotiating management and service contracts, determine priorities, and discuss the financial and operational status of properties.

Mail resume and cover letter to Ohad Porat, CIO, Faropoint Ventures LLC, 5 Marine View Plaza, 4th Floor, Hoboken NJ 07030.

US ecommerce grows 44.0% in 2020

Online spending represented 21.3% of total retail sales for the year, according to Digital Commerce 360 estimates. Amazon accounted for nearly a third of all e-commerce in the United States.

Consumers spent $861.12 billion online with U.S. merchants in 2020, up an incredible 44.0% year over year, according to Digital Commerce 360 estimates. That’s the highest annual U.S.