Faropoint secures $1.57 billion credit facilities led by KeyBank

By Marisa Wong

Los Angeles, Aug. 2 – Faropoint announced it has secured $1.57 billion of funding over the past 14 months through several credit facilities.

The facilities were led by KeyBank as left lead arranger and administrative agent, alongside JPMorgan and Citizens Bank as joint lead arrangers on some facilities, and a syndicate of 11 participant banks.

Faropoint is a real estate investment management firm based in Hoboken, N.J.

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