Alterra IOS, a leader in industrial outdoor storage (IOS), secured a $244 million loan from Blackstone Real Estate Debt Strategies to support its growing platform. The loan covers 37 properties across 27 U.S. markets, totaling 165 acres and 806,000 square feet of warehouse space. This financing is part of over $1.8 billion raised from institutional partners, enabling Alterra to expand its national footprint in a fragmented market. The innovative equity pledge framework used in this loan offers efficient, scalable financing aligned with long-term growth plans.
The FTSE 100 index remained flat with notable falls in China-exposed banks Prudential, Standard Chartered, and HSBC due to Beijing's tighter capital flow restrictions. US markets showed mixed signals with a softening jobs market and tech stocks like ...
The FTSE 100 fell 29 points to 10,304, dragged down by major banks like Prudential, HSBC, and Standard Chartered due to concerns over new US tariffs targeting China and geopolitical tensions in the Middle East. US markets showed mixed futures with te...
