MountainSeed Real Estate in Atlanta has lined up $2 billion in capital commitments to pursue more sale-leaseback transactions with banks.
The real estate investor did not disclose the potential investors.
“We are excited to embark on this journey with our investors and partners to strengthen our commitment to community banks and credit unions,” said Carl Streck, MountainSeed’s CEO, said in a press release.
“This partnership signifies our dedication to providing innovative solutions and strategic support for financial institutions that play a vital role in local economies,” he added.
MountainSeed has lined up several transactions with banks for branches and office properties, including Finward Bancorp in Indiana, Plumas Bancorp in Nevada and Citizens Bank in Mississippi.