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Modal and Centerbridge Partners Announce the U.K.'s Largest Industrial Outdoor Storage Portfolio Financing with Apollo

Summary by Benzinga
NEW YORK and LONDON, July 2, 2025 /PRNewswire/ -- Modal, a London-based investment and management firm specializing in Industrial Outdoor Storage ("IOS") assets, and Centerbridge Partners, L.P. ("Centerbridge"), a leading global private investment firm, today announced that Apollo-managed credit funds will provide senior financing to their U.K. IOS portfolio. The financing follows Modal's significant expansion over the past 12 months, establishi…

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Modal and Centerbridge Partners Announce the U.K.'s Largest Industrial Outdoor Storage Portfolio Financing with Apollo

NEW YORK and LONDON, July 2, 2025 /PRNewswire/ -- Modal, a London-based investment and management firm specializing in Industrial Outdoor Storage ("IOS") assets, and Centerbridge Partners, L.P. ("Centerbridge"), a leading global private investment firm, today announced that Apollo-managed credit funds will provide senior financing to their U.K. IOS portfolio. The financing follows Modal's significant expansion over the past 12 months, establishi…

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CoStar broke the news in on Wednesday, July 2, 2025.
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