Posts Tagged: Blackstone Mortgage Trust Inc

Alterra Secures $189M for IOS Properties

Alterra Secures $189M for IOS Properties

Philadelphia-based Alterra IOS has secured $189 million in financing from Blackstone Mortgage Trust Inc., marking another major investment in the industrial outdoor storage (IOS) sector. The loan supports Alterra IOS’ cash acquisition of 49 IOS properties across 22 states, totaling 235 usable acres. This investment brings the company’s total lender financing to over $1 billion… Read more »