Tech-Enabled Firm Expands Development Pipeline with Two-Building Project in High-Demand Exit 9 Submarket
New VP of Acquisitions, Harold Levy, to Lead West Coast Growth Strategy
Pension fund commits $50m to Faropoint Industrial SLB Fund
The refinancing frees up capital for the real estate firm.
Tech-Enabled Firm Expands National Footprint with Multi-Market Acquisition Totaling 1.7 Million Square Feet
Tech-Enabled Firm Targets Prime Infill Industrial Assets Secured by Long-Term Leases
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 held a final close for its Industrial Value Fund III with $915 million in commitments, exceeding its $750 million target.
Faropoint is betting it can outperform the market by deploying capital from Faropoint Industrial Value Fund III into smaller-than-average-transactions.
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.
Transactions diversify Faropoint’s debt sources to capitalize on rising opportunities in the Industrial Last Mile sector
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.
Hoboken, New Jersey-based firm acquired three warehouses completed in 1981
Partnership signals continued confidence in the last-mile industrial sector and reinforces Faropoint’s data-driven approach to urban infill industrial.
Faropoint has purchased a two-property industrial portfolio in Northern New Jersey consisting of 10 buildings totaling 770,064 SF, across 68 acres.
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
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, 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.
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.
Itay Ron, SVP, Northeast Market Leader, was chosen as the rising start of the year in Philadelphia Business Journal
If you can’t be bigger than your competition, be smarter and quicker.
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.
An international real estate investment firm recently purchased its third industrial property near O’Hare International Airport since July.
The company has invested $130 million since entering the Philadelphia market a year ago.
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.
The company’s Texas portfolio currently consists of about 15 properties totaling some 1.3 million square feet.
Cherre’s turnkey data management platform will enable Faropoint to leverage their data for deeper analysis and better decision making.
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.
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.
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.
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.
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,
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
Mail resume and cover letter to Ohad Porat, CIO, Faropoint Ventures LLC, 5 Marine View Plaza, 4th Floor, Hoboken NJ 07030.
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.
