Realterm, an independent global investment manager focused on the transportation industry, today announced it has originated a $70.8 million loan to GreenPoint, collateralized by an eight-property, 163-acre industrial outdoor storage (IOS) portfolio in Arizona, Colorado, Georgia, Michigan and Texas.
The financing marks Realterm's strategic expansion into the credit space, leveraging its deep transportation logistics and industrial expertise to provide funding solutions to its clients. With traditional bank lending channels constrained, Realterm's lending platform fills critical financing gaps, offering borrowers the advantage of working with a lender who understands industrial real estate assets.
"We’re pleased to bring this important business line into Realterm’s offerings, strengthening the firm’s more than 30-year legacy in transportation-advantaged industrial and logistics portfolio sponsorship,” said Paul Sisson, Head of Credit, Realterm. “The team’s deep expertise in strategic logistics enables us to assess risk, understand operational nuances, and identify value traditional lenders may overlook.”
The eight high-quality IOS properties financed are strategically located in top markets across the US, including Dallas, Houston, Laredo, Phoenix, San Antonio, Commerce City, Detroit and Savannah.
"The execution of this financing demonstrates Realterm’s ability to provide credit solutions for our customer’s strategic property portfolios," said Kate Sarris, Senior Vice President, Credit Solutions, Realterm. "We’re looking forward to building lasting relationships with partners, such as GreenPoint, who share our vision for thoughtful asset management and financing."
Sisson and Sarris joined Realterm in 2023 after having worked together at both Canan Pratt and CBRE, bringing with them expertise and knowledge to build out Realterm’s credit platform.
Lantern Real Estate Advisors + Partners represented GreenPoint in the transaction.
“Realterm’s expertise in the industrial space, thoughtful structuring, and competitive pricing made them a great lending partner for our client. We are proud to have partnered with Realterm on their debut real estate loan and look forward to further collaboration,” said Harris Brown, Vice President, Lantern Real Estate Advisors + Partners.
ITS Logistics is proud to announce its sponsorship of TAT (formerly Truckers Against Trafficking), an organization dedicated to raising awareness in the fight against human trafficking.
View ArticleCargo Community Network (CCN) announces a cooperation with the leading vendor for Last Mile technology, Tiramizoo Pte Ltd, through its CUBEforall platform.
View ArticleIndustry updates and weekly newsletter direct to your inbox!