Stotan Industrial Raises $18M Equity For Development Fund

September 6, 2022
Stotan Industrial is proud to announce the successful closing of Stotan Fund I. We are pleased to report that we exceeded our fundraising target by 30%.  

Stotan Industrial's Chief Investment Officer, Principal, Daniel Fogarty commented:

"The proceeds of the Fund when coupled with LP equity and moderate leverage will allow Stotan to finance nearly $1B in new development. Our team is experienced, energized and well-capitalized. We are now optimally positioned to execute on opportunities in upcoming months as market values reset."

About Stotan Industrial

Stotan Industrial was founded in 2021 as a private equity industrial real estate acquisition and development firm.

Stotan's executives and several key investors have on average over 25years of development, leasing, and capital market experience. Collectively they have completed over 100 million square feet of industrial transactions valued in excess of $25 billion.

Related POsts

Stotan Industrial Celebrates 1-Year Anniversary

Read more

Stotan Industrial Breaks Ground on 16-Acre Site to Begin Development of "DuPage Crossings"

Read more