Led by seven investment partners with 50 years and $ 15 billion of net rental, capital markets and real estate experience, Fundamental Income invests in net leased single tenant properties to operating companies across the United States. The company was launched in April 2020 with an initial equity commitment of $ 500 million from a fund managed by Brookfield Asset Management (NYSE: BAM), a global asset manager with approximately $ 575 billion in assets under management.
Fundamental Income has reviewed over 170 transactions and $ 4.6 billion in acquisition opportunities since launch through year end. The company targets $ 5 million to $ 500 million in sale and leaseback transactions in all 50 states with companies operating in industries such as: retail, entertainment, services, industry, manufacturing, distribution, health and automotive.
âThe investments we have made in the final months of 2020 demonstrate the transactional expertise and certainty of execution that our company offers to businesses and business owners across the country,â said Alexi Panagiotakopoulos, CIO of Fundamental Income. âWe pride ourselves on understanding our clients’ businesses and creating long-term partnerships to support their continued success and growth. “