JLL’s Corporate Banking Advisory Group in Charlotte Arranges $250M Credit Facility of United Hampshire US REIT

JLL Capital Markets has arranged a $250-million credit facility for United Hampshire US REIT, a Singapore REIT with 23 properties located across the East Coast.

Anthony Fertitta and Jonathan Koletic with JLL’s Charlotte, NC-based corporate banking advisory group represented the corporate borrowers, United Hampshire US Parent REIT, Inc. and United Hampshire US Holdings LLC, both of which are wholly owned subsidiaries of United Hampshire US REIT, in the credit facility. The credit facility consisted of term loans and a revolving credit facility containing important flexibilities to accommodate long-term growth and is supported by a covenant structure consistent with REIT corporate financings.

The opportunity was sourced by JLL’s Jon Mikula and Michael Klein who hold long-standing relationships with The Hampshire Companies.

United Hampshire US REIT’s principal investment strategy is focused on investing in a diversified portfolio of stabilized, income-producing grocery-anchored and necessity-based properties and self-storage facilities in the United States of America. Its portfolio has property value of approximately $735.7 million and an aggregate net lettable area of approximately 3.8 million square feet.