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.
Alterra IOS closed a $400 million refinancing deal led by Truist and KeyBank, using an equity pledge structure instead of traditional mortgages. The financing covers 99 industrial outdoor storage properties across 27 states, totaling 551 acres and 2....
JP Morgan has placed Prudential PLC on positive catalyst watch ahead of its first-half 2026 results, expecting reassurance on the impact of China's Decree 837 on offshore life insurance sales in Hong Kong. The broker maintained an 'overweight' rating...
