Divestiture/carve-outOct 15, 2026Pending
Hot🇺🇸 United States
Pthe PortfolioNMNew Mountain Net Lease Trust
Real Estate › Real Estate Operating & Development
Enterprise value$2.4BEnterprise value
AnnouncedOct 15, 2026
ConsiderationCash and stock
StructureOther
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
New Mountain Net Lease Trust agreed to acquire 100% of the assets of New Mountain Net Lease Partners II, L.P., a portfolio of 180 industrial net-leased properties, for a gross purchase price of approximately $2.4 billion, payable in cash, assumption of existing indebtedness and/or common shares.
Deal rationale
The document does not state a rationale.
AI-generated from the SEC filingPendingReal Estate › Real Estate Operating & DevelopmentUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $2.4B | Headline figure |
| Consideration | Cash and stock |
Advisors
Buy-side
JSJLL Securities
Sell-side
None listed
Parties
Target
Pthe Portfolio
- Headquarters
- United States
- Ticker
- —
Acquirer
NMNew Mountain Net Lease Trust
- Headquarters
- United States
- Ticker
- —
Seller
NMNew Mountain Net Lease Partners II, L.P.
- Headquarters
- —
- Ticker
- —