Four Springs Capital Trust Receives $50M Investment From Goldman Sachs to Grow Portfolio

by Taylor Williams

LAKE COMO, N.J. — Four Springs Capital Trust, a private REIT focused on single-tenant industrial, medical, office and retail assets, has received a $50 million investment from Goldman Sachs (NYSE: GS) in the form of preferred stock. New Jersey-based Four Springs Capital will use the funds to provide liquidity to an existing investor and to grow its portfolio, which currently consists of 101 commercial properties totaling 3.6 million square feet across 28 states. As of Dec. 31, 2020, that portfolio was valued at $510 million. Goldman Sachs made the investment through one of its Vintage Funds, which provide capital to private investors and asset managers worldwide.

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