Global investment firm The Carlyle Group Inc. (NASDAQ: CG) has announced that its Global Credit platform has agreed to provide up to US$300 million in growth capital to Four Springs Capital Trust, a private Real Estate Investment Trust (REIT) focused on acquiring, owning, and actively managing a portfolio of single-tenant, income-producing properties throughout the United States, subject to long-term net leases. Four Springs plans to use the funds to scale up its portfolio which currently includes 122 properties across 29 states.
Latham & Watkins LLP represented The Carlyle Group Inc. in the offering with a capital markets team led by New York partners Stelios Saffos and Peter Sluka, with associates Andrew Blumenthal and Regan Devers. Advice was also provided on real estate matters by Chicago partner Robert Buday, and counsel Jeffrey Anderson, with associates Karen Ritter and Tim Wilt; on tax matters by New York partner Jocelyn Noll and Los Angeles partner Ana O’Brien; on compliance matters by Washington, D.C. partner Erin Brown Jones; and on environmental matters by Washington, D.C. partner James Barrett, with associate Sam Scott.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.