Faropoint, A Tech-Enabled, Vertically-Integrated Industrial Real Estate Investment Manager, Secures Strategic Investment From Invesco Real Estate

Nov 29, 2023•about 2 years ago

Jersey CityReal Estate

Investors

Invesco Real Estate’s Platform Investments TeamInvesco Real Estate

Description

Faropoint, a leading infill industrial investment manager, announced today it has closed on a strategic investment from Invesco Real Estate, a global real estate investment manager, who acquired a minority stake in Faropoint’s Platform. The transaction was structured by Invesco Real Estate’s Platform Investments team, led by Andrew Lane, Senior Director.

Company Information

Company

Faropoint

Location

Jersey City, New Jersey, United States

About

Faropoint is a vertically integrated, tech-enabled real estate investment manager with 120 employees that leverages data and deep market relationships to achieve superior risk-adjusted returns. Faropoint targets inefficiencies in the marketplace that can be solved with local real estate expertise and technology. The company invests in 15 markets across the East Coast, Midwest, Southwest and Texas, each with strong demographics and high construction barriers to entry. Faropoint recently sold its Logistic Fund I, proving its strategy on a large scale. For acquisition inquiries and more information, visit faropoint.com.

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