Brookfield Asset Management has poured $500 million into a new net-lease platform launched by Fundamental Income, known as Fundamental Income Properties.
Fundamental will invest in single-tenant properties, net leased to businesses operating in industries that directly and indirectly serve the U.S. consumer. Fundamental will target customer-facing real estate and support facilities across 85 industries, including hospitality, consumer products, healthcare and critical industrial.
According to Fundamental, these capital solutions will provide growth capital to middle-market businesses in the current environment of funding uncertainty.
Fundamental Income founders Chris Burbach and Alexi Panagiotakopoulos will become the CEO and CIO of the new net-lease platform, respectively.
“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 aligne