FAROPOINT VENTURES, LLC

Thesis

Faropoint Ventures, LLC is a real estate investment firm founded in 2012, specializing in last-mile industrial assets within high-demand urban markets across the United States. The firm employs a vertically integrated platform combining proprietary technology with local market expertise to acquire, manage, and optimize urban logistics properties. Their core investment strategy focuses on acquiring and enhancing last-mile urban logistics properties to build institutional-grade portfolios, particularly targeting opportunities where in-place rents are materially below market. They aim to add value through e-commerce growth, supply chain reconfiguration, and the increasing demand for last-mile networks in dense urban areas, complemented by selective lease-up and development in supply-constrained core markets. Faropoint utilizes a proprietary sourcing platform and AI-driven underwriting tools. The firm targets smaller transactions, often below 100,000 square feet, with suite sizes typically between 20,000 and 40,000 square feet, an area they believe is underserved by traditional institutional capital. Faropoint operates across 16 key U.S. markets, with a significant presence on the East Coast, Midwest, and Southwest, and has expanded to Southern California. Their investment vehicles, such as Faropoint Industrial Value Fund IV (Fund IV), invest through direct purchases, development deals, co-investments, joint ventures, and real estate-related debt, favoring value-add opportunities. As of December 31, 2025, Faropoint advised approximately $779.99 million in regulatory AUM. Fund IV has a target of $1 billion and launched in June 2025 with $225 million in anchor commitments. Fund III closed on $915 million. The average price per asset for Fund III was roughly $10 million.