March 16, 2021 Stonemont, Cerberus Form $1B Industrial JV

Capitalizing on booming e-commerce activity, leading industrial developer and real estate investor Stonemont Financial Group has formed a joint venture with an affiliate of Cerberus Capital Management LP for the purpose of acquiring large-scale logistics properties in the U.S.

Stonemont will work side-by-side with the alternative investment firm to amass $1 billion in mission-critical industrial real estate.

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