Terravet Secures $35 Million Preferred Equity Investment from an Affiliate of Sculptor Capital Management

▤ Summary

Terravet REIT secured a $35 million preferred equity investment from an affiliate of Sculptor Capital Management. The company used the proceeds to reduce debt and strengthen its balance sheet. Terravet said the new capital gives it flexibility to pursue an active acquisition pipeline and expand its platform. The firm focuses on veterinary and niche medical real estate across the United States and already owns more than 150 properties.

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