Strategic Wireless Infrastructure Funds Management has secured a syndicated credit facility led by Texas Capital Bank for SWI Funds Property Holdings and other affiliated companies.
The credit facility includes an accordion feature, which will allow the company the ability to access up to $75 million throughout the term of the agreement.
The firm will acquire and develop a diversified portfolio of telecommunications infrastructure assets within the United States.
“Such a commitment in the early stages of our growth speaks volumes to the opportunities in the telecom infrastructure arena as well as to the confidence in our management team’s ability to execute on our strategy,” said Jerry Sullivan, CEO of Strategic Wireless. “While we will continue to exercise discipline in all of our acquisition and development opportunities, this facility will allow us to execute our business strategy at a faster pace, giving us leverage in an industry where timing is cri
