Rocky Mountain Industrials Completes $65,209,784 Financing
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DENVER, April 19, 2021 /PRNewswire/ Rocky Mountain Industrials Inc. (RMI), Colorado s next generation infrastructure company, announced today that its 620-acre Rocky Mountain Rail Park located in Adams County raised $65,209,784 toward expedited completion of the Rail Park s construction.
The transaction was solely underwritten by Piper Sandler & Co. After working with the development team for over a year on a complex transaction, we are thrilled with the outcome and the market receptivity of the developer s vision for the project, commented Piper Sandler & Co. Institutional investors who participated included BlackRock, JPMorgan Asset Management, Wells Fargo, and Invesco, along with other regional investment funds.
Rocky Mountain Industrials Completes $65,209,784 Financing
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Rocky Mountain Industrials Closes $12,189,000 Financing
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Rocky Mountain Industrials Closes $12,189,000 Financing
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Rocky Mountain Industrials Closes $10,950,000 Transaction
Sale of Single Rail Park Parcel and Supply Contract Launch 620-acre Rocky Mountain Rail Park
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DENVER, Jan. 26, 2021 /PRNewswire/ Rocky Mountain Industrials Inc. (RMI), Colorado s next generation infrastructure company, announced today a parcel sale in its 620-acre Rocky Mountain Rail Park, located in Adams County. Rocky Mountain Rail Park (Rail Park) received unanimous FDP approval from the Adams County Board of County Commissioners in September, paving the way for this Rail Park transaction.
ROCKY MOUNTAIN INDUSTRIALS We re thrilled to launch construction at the Rail Park to serve the Denver market, said Brian Fallin, CEO of RMI. The parcel sale and supply contract mark the beginning of an era for the Rail Park and accelerate our mission of delivering a superior material distribution network for the Mountain West.