Four Springs Capital Trust Announces $50 Million Investment From Goldman Sachs’ Vintage Funds

Four Springs Capital Trust (FSCT), a real estate investment trust that owns and operates a portfolio of single-tenant, income producing net leased industrial, medical, office, and necessity retail properties throughout the United States, announced today a $50 million strategic preferred investment from Goldman Sachs Vintage Funds (the Vintage Funds).

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Wednesday, January 20, 2021
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Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, Goldman Sachs, Subprime mortgage crisis, Real estate investment trust, Economy of New York City, Finance, Banks
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United States, NEW JERSEY
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FOUR SPRINGS CAPITAL TRUST
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  • Four Springs Capital Trust (FSCT), a real estate investment trust that owns and operates a portfolio of single-tenant, income producing net leased industrial, medical, office, and necessity retail properties throughout the United States, announced today a $50 million strategic preferred investment from Goldman Sachs Vintage Funds (the Vintage Funds).
  • FSCT intends to utilize the Vintage Funds investment to provide liquidity to an existing investor and continue to grow its real estate portfolio while evaluating additional strategic alternatives in the capital markets.
  • We are thrilled to have Goldman Sachs Vintage Funds as a strategic partner, said William Dioguardi, Chief Executive Officer of FSCT.
  • About Four Springs Capital Trust:
    Four Springs Capital Trust is a private real estate investment trust that owns and operates a diversified portfolio of industrial, medical and necessity retail properties net leased to investment grade and other creditworthy tenants under long-term leases.


Four Springs Capital Trust (“FSCT”), a real estate investment trust that owns and operates a portfolio of single-tenant, income producing net leased industrial, medical, office, and necessity retail properties throughout the United States, announced today a $50 million strategic preferred investment from Goldman Sachs’ Vintage Funds (the “Vintage Funds”).

As of December 31, 2020, FSCT owned a $510 million diversified portfolio of 101 properties leased to 49 tenants in 28 states comprising more than 3.6 million square feet. The company has been steadily growing since its inception in 2012, and is led by industry veterans with extensive experience in public and private real estate markets. FSCT intends to utilize the Vintage Funds investment to provide liquidity to an existing investor and continue to grow its real estate portfolio while evaluating additional strategic alternatives in the capital markets.

“We are thrilled to have Goldman Sachs’ Vintage Funds as a strategic partner,” said William Dioguardi, Chief Executive Officer of FSCT. “Coming out of the COVID-19 crisis, investors of all types are recognizing the value of a portfolio diversified not only by tenant, industry and geography, but also by property type. We believe this approach differentiates us from many other net lease REITs and further reduces risk while enhancing cash flow stability.”

“Four Springs Capital Trust is a late stage private company with a strong management team that is focused on building a portfolio of defensive, income-producing net leased real estate,” said Sean Brenan, Managing Director at Goldman Sachs. “We see the opportunity for growth and durable income from their platform, and are excited to be an investment partner.”

About Four Springs Capital Trust:

Four Springs Capital Trust is a private real estate investment trust that owns and operates a diversified portfolio of industrial, medical and necessity retail properties net leased to investment grade and other creditworthy tenants under long-term leases.

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