Alterra secures $189M in financing from major investor for industrial outdoor storage properties
After buying 49 industrial outdoor storage sites, Philadelphia-based Alterra IOS secured $189 million in financing from a big ...
Alterra IOS Announces Closing of $189M Loan Commitment from Blackstone Mortgage Trust
Alterra IOS ("Alterra"), a prominent player in the industrial outdoor storage ("IOS") sector that has acquired over 300 sites nationwide, today announced the closing of $189 million in financing from ...
IPE3d
Blackstone lends $189m to Alterra IOS for US expansion
Blackstone Mortgage Trust has provided Alterra IOS with $189m (€181m) in financing to support 49 industrial outdoor storage ...
Bloomberg on MSN8d
Blackstone’s BXMT Lends $189 Million for Outdoor Storage Lots
Alterra IOS acquires properties that are already zoned for industrial outdoor storage uses, he said. “Without this kind of ...
Bisnow2d
This Week's Philadelphia Deal Sheet: Apartment Complex Proposed At Former Archdiocese Property
Haverford Square Properties brings 160 units to Southwest Philadelphia and Skanska completes a $70M renovation for Lehigh ...
Commercial Observer25d
As IOS Becomes Increasingly Institutionalized, Justin Horowitz Has You Covered
He also takes trains. Scott Whittle joined Alterra IOS as the firm’s CFO in March 2024. “Not too long after I joined, Justin took the train down to Philadelphia to make sure to meet in person,” ...
Commercial Observer26d
Truck Terminals: Why Institutional Investors Are Pulling In More
In November, Peakstone Realty Trust, which focuses on industrial assets, acquired 51 IOS assets from a joint venture between Alterra Property-owned Alterra IOS and institutional investors advised by J ...
The Business Journals25d
NY investor enters Charlotte market with purchase of industrial property
IG Logistics joins the likes of Philadelphia-based Alterra Property Group and Houston-based Adana Capital — among others — as out-of-state firms entering Charlotte through IOS acquisitions.