PHOENIX--(BUSINESS WIRE)--Fundamental Income Properties (“Fundamental”) is pleased to announce the addition of net lease veteran Greg Lang as a Partner of the firm. Having served as Vice President of Acquisitions for Broadstone Net Lease, Inc and Managing Director of Acquisitions for STORE Capital Corporation (NYSE: STOR), Mr. Lang brings over $1 billion of transaction experience to the Fundamental team.
“Having worked with Greg for many years, I saw firsthand why he is one of the best in this business. His background in net lease originations, credit, and real estate make him an essential part of our team,” says Chris Burbach, CEO of Fundamental Income Properties. “We are excited to reunite, build this company together, and bring real estate capital solutions to businesses across the country that are looking to grow and strengthen their balance sheet.”
Fundamental Income Properties is a new net lease real estate platform recently launched by Fundamental Income with an initial equity commitment of $500 million from a fund managed by Brookfield Asset Management (NYSE: BAM). Founders of Fundamental Income, Chris Burbach and Alexi Panagiotakopoulos, will take on roles of CEO and CIO of Fundamental Income Properties, respectively.
Fundamental Income Properties will invest in single-tenant properties, net leased to businesses operating in industries that directly and indirectly serve the US consumer. The firm’s primary focus is on providing real estate capital solutions to businesses and business owners with established and growing operations across the United States. These capital solutions will provide critical growth capital to middle market businesses in the current environment of funding uncertainty. Fundamental will target customer facing real estate and support facilities across 85 industries, including, but not limited to consumer services, hospitality, consumer products, healthcare, and critical industrials.