Phoenix & Southwest + Retail | April 22, 2020

$500M Brookfield Commitment Fuels Launch of Fundamental Net Lease Platform

Phoenix-based Fundamental Income created a new net lease platform, Fundamental Income Properties. The platform received an initial equity commitment of $500 million from a fund managed by Brookfield Asset Management.

Fundamental will invest in single-tenant properties, net leased to businesses that serve the U.S. consumer. The firm’s primary focus is on providing real estate capital solutions to businesses so they can grow in the current environment of funding uncertainty.

Fundamental Income Properties’ Chris Burbach says, “There continues to be more and more demand for efficient long-term real estate capital particularly in times like these where businesses are realizing the importance of being aligned with collaborative, well capitalized capital partners. Companies want their management teams focused on navigating challenges and creating value in their core operating business, not in the ownership of real estate.”

The backing of Brookfield will help “companies unlock static capital tied up in their real estate, so they can effectively deploy it to grow their underlying business or strengthen their balance sheet,” Burbach added.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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