Real estate firms secure major funding for U.S. industrial and multifamily portfolios

SparrowHawk and Almanac Realty Investors have secured $236 million in acquisition debt to purchase a 4.4 million-square-foot industrial portfolio in the United States. Known as ‘The Central Logistics Portfolio,’ the 20-property assemblage is located across Kentucky, Ohio, Missouri, and Illinois. The portfolio is 94 percent occupied by 30 logistics and distribution tenants and is positioned near major Midwest markets including Cincinnati, Columbus, Dayton, Louisville, Cleveland, and St. Louis.

In a separate transaction, SWI Group has formed a strategic partnership with Brookfield Asset Management through a joint venture involving 13 properties from Varia US Properties’ multifamily portfolio. The venture has an aggregate gross asset value of approximately $693.9 million and includes access to up to $200 million in equity capital for future acquisitions. The partnership aims to support Varia US in expanding and repositioning its portfolio toward higher-quality multifamily properties across nine U.S. states.