Monroe Capital, Oak Hill Advisors and Barclays Bank have closed on a $325.0 million credit facility to support Vertical Bridge REIT’s merger with Eco-Site and the combined company’s future development of build-to-suit locations throughout the country.
Based in Boca Raton, Fla., Vertical Bridge is the nation’s largest private owner and operator of communications infrastructure. The Eco-Site merger increases Vertical Bridge’s owned and master-leased tower portfolio to more than 20,000 sites and its entire portfolio to more than 307,000 sites located in all 50 states and Puerto Rico. Together, Vertical Bridge and Eco-Site lead the build-to-suit market, with more than 1,700 towers constructed during the past
