BOCA RATON, FL—Recently launched Vertical Bridge Holdings LLC, a private REIT focused on wireless communications towers, said Tuesday it had secured $470 million in a second-round capital raise. The company has now secured equity commitments of $750 million, along with a senior credit facility of $270 million.

Round two of the capital raise includes additional equity from existing investors Digital Bridge Holdings LLC and the Jordan Co., and major new commitments from Goldman SachsGS Infrastructure Partners and from Stonepeak Infrastructure Partners. Accordingly, says the REIT’s CEO, Alexander Gellman, “we have over $1 billion of immediately investable capital to fund our growth.”

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