Stoic Equity Partners Launches $15-Million Investment Fund

 Stoic Equity Partners, a commercial real estate investment manager and sponsor, has launched SEP Industrial Holdings II, LLC. Seeking to raise $15 million in equity from accredited investors, the 506(c) private placement investment fund intends to utilize equity raised to acquire value-add industrial flex properties across the Southeast. The fund is focused on acquiring multi-tenant industrial flex properties ranging from 50,000 to 150,000 ft2 within growth markets in the Southeast where the cost of new development is too high compared to market rental rates. The sponsor will seek to enhance facility revenue by increasing in-place lease rates and occupancy, if applicable, as well as through renovations with the goal of selling the assets to realize additional returns.

Read More

Vision Of Loxley APT Closes On Funding For Loxley Residential Project

Vision Of Loxley APT Closes On Funding For Loxley Residential Project

Waterville USA Offering $10 Admission To Law Enforcement, Firefighters

Waterville USA Offering $10 Admission To Law Enforcement, Firefighters

Lavretta Park Set To Get $1.1 Million In Upgrades

Lavretta Park Set To Get $1.1 Million In Upgrades

Tijuana Flats Celebrates Reopening In Mobile

Tijuana Flats Celebrates Reopening In Mobile

The Fairhope Hotel Opens

The Fairhope Hotel Opens

MAAS Snacks & Quacks Leases Saraland Storefront

MAAS Snacks & Quacks Leases Saraland Storefront

Sam Winter & Co. Real Estate Adds Verbeck

Sam Winter & Co. Real Estate Adds Verbeck

BGCSA Names CEO

BGCSA Names CEO

Foley Main Street Foundation Launches Initiative

Foley Main Street Foundation Launches Initiative

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

By subscribing, you agree to our User Agreement and Privacy Policy & Cookie Statement.

Something went wrong. Please check your entries and try again.