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Faropoint Secures $150 Million Acquisition Line with a Leading U.S. Financial Institution for Industrial Sale-Leaseback Fund

Strategic partnership bolsters Faropoint's ability to capitalize on sale-leaseback opportunities in tight credit markets

Faropoint, a leading tech-enabled real estate investment firm focused on last-mile industrial properties in high population growth markets, announced today that it has secured a $150 million acquisition line with a leading U.S. financial institution for its Industrial Sale-Leaseback (ISLB) Fund. This marks the second loan facility provided to Faropoint by this institution, following a previous $130 million facility for Fund II, further strengthening their strategic partnership.

The acquisition line will support Faropoint's ISLB Fund strategy, which targets well-located, functional infill industrial properties ranging from 20,000 to 200,000 square feet, with an average lease term of 10 years. This approach allows Faropoint to capitalize on the growing demand for sale-leaseback transactions in a liquidity-constrained market. Faropoint launched the ISLB Fund earlier this year in response to the tightening credit markets, recognizing that many businesses are seeking alternative ways to unlock capital from their real estate assets while maintaining operational control.

"This $150 million acquisition line from our financial partner is a testament to the strength of our ISLB strategy and our ability to identify and execute on attractive opportunities in the last-mile industrial sector," said Idan Tzur, Chief Financial Officer at Faropoint. "We're pleased to expand our relationship with a trusted institution, whose expertise and financial strength align perfectly with our growth objectives and empower us to navigate today's challenging credit environment with confidence."

This latest financing is a key component of Faropoint's broader strategy to diversify its funding sources and expand its presence in the last-mile industrial real estate market. This flexible financing enhances Faropoint's ability to act swiftly on attractive opportunities, further solidifying its position as a leader in tech-enabled real estate investment.

Mark DeCesare, Head of Corporate Finance at Faropoint, added, "The majority of our financial partners are repeat players, which speaks volumes about the trust we've built and the success of our data-driven approach to real estate investment. This second collaboration further solidifies our reputation as a reliable and innovative player in the industrial real estate market."

The ISLB Fund, launched earlier this year with a $300 million target, aims to capitalize on the debt gap created as local and regional US banks reduce commercial real estate exposure. By focusing on strategically located, highly functional properties with long-term leases and strong tenant credit, Faropoint meets businesses' liquidity needs while preserving and enhancing residual value.

For inquiries or to learn more about Faropoint's investment strategies, please contact Ori Regev, VP of Capital Development, at ori@faropoint.com.

About Faropoint

Faropoint is a tech-enabled, vertically integrated real estate investment manager specializing in urban logistics within the US industrial sector. With approximately 120 employees, Faropoint leverages data and deep market relationships to address inefficiencies in the industrial real estate market. The firm operates in 16 key US markets, securing off-market deals through its extensive broker network and strong local presence. Since its inception in 2012, Faropoint has acquired over 400 warehouses, representing more than $3 billion in industrial real estate assets. For more information, visit Faropoint.com.

Contacts

Investor Relations:

Ori Regev

Faropoint | VP, Capital Development

ori@faropoint.com

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